Trump temporarily drops tariffs to 10% for most countries, hits China harder with 125%

[Joe Cool]

This discussion thread was locked as off-topic by GP6971 (a host of the Latest Breaking News forum).

Source: CNBC

He is just making things up as he goes along. There's no rhyme nor reason to his decision-making.

Read more: https://www.cnbc.com/2025/04/09/trump-announces-90-day-tariff-pause-for-at-least-some-countries.html

[Wingus Dingus]

1. Manipulating markets, or panic because of bond market? Total chaos.

I'm starting to think this guy doesn't know what he's doing....

[mdbl]

10. Either way he needs to be removed from office

For still being a big crook or a big dumb-ass.

[Wingus Dingus]

11. He's managing to single-handedly bring down the richest and most free country on earth in mere weeks, so...yeah.

[LetMyPeopleVote]

2. trump announces 90-day pause on 'reciprocal' tariffs with exception of China

10% tariffs are still too high
https://bsky.app/profile/JoePeeters.mastodon.social.ap.brid.gy/post/3lmfjzbjyja52

Link to tweet

https://www.cnn.com/2025/04/09/business/reciprocal-tariff-pause-trump/index.html

President Donald Trump announced a complete pause on all the “reciprocal” tariffs that went into effect at midnight, with the exception of China.

Tariffs on China will be increased to 125% from 104%, he said.

Trump in a Truth Social post Wednesday said he has “authorized a 90 day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%, also effective immediately.”

“Based on the lack of respect that China has shown to the World’s Markets, I am hereby raising the Tariff charged to China by the United States of America to 125%, effective immediately,” Trump said in his social media post. “At some point, hopefully in the near future, China will realize that the days of ripping off the U.S.A., and other Countries, is no longer sustainable or acceptable,” he wrote.

The higher tariffs on China came after Beijing announced new retaliatory tariffs on the United States to take effect on Thursday. The Trump administration has taken particular aim at China’s trade practices.

[C_U_L8R]

3. He's manic.

Congress, this is a demented President who is actively harming the country. Uphold your duty and do your job.

[NCDem47]

4. If I turn on the nightly network news tonight...

...and get a sound bite from anyone claiming this is a brilliant and/or strategic negotiating move by Trump, I will loose it.

[LymphocyteLover]

8. Don't watch FoxNews because no doubt they will have someone proclaiming that

[ImNotGod]

5. The US imports most of its products from China so raising to 125% is worse, not better market news.

Stock markets are going through over exuberance, a kind of Stockholm Syndrome.

[LymphocyteLover]

7. Yeah, I was thinking that the China part is pretty bad though maybe the stock market is thinking trump will cave on

China tariffs too

[SunSeeker]

9. Yes, the market sees Trump is caving. It's just a matter of time before he caves to China too.

The Dow Jones is now over 40,000. They think this trade war will soon be over.

[LymphocyteLover]

14. well, at least they distracted everyone from Signalgate

[LymphocyteLover]

6. Total clown show. He is a completely unreliable idiot.

[PortTack]

12. Leonard Leo and Koch are suing him over the tariffs....that certainly is part of it. He doesn't DARE go against

Leo!

[Evolve Dammit]

15. we are passengers on a runaway train. Good movie BTW, but that was a movie. This is real shit. nt

[PSPS]

16. Well, now we know why the market was up yesterday

The trump spawn and republicans in Congress went on a buying spree knowing this was going to happen. Ka-ching, baby! Pump-and-dump supreme!!

[BigmanPigman]

17. I'm sure he personally made a ton of $$$$ over this scheme.

Don the Con!

[GP6971]

18. Locking. No link to article and

Dupe of https://www.democraticunderground.com/10143436916