President Donald Trump on Friday floated cutting tariffs on China from 145% to 80% ahead of a weekend meeting among top U.S. and Chinese trade officials as he looks to deescalate the trade war.
The trade war HE. BUILT.
Not even a trade war it’s one man thinking he has more leverage than he does and looking like an idiot.
Art of the deal: make concessions before negotiations.
Any tariff over 100% stalls trade completely. He’s probably feeling pressure over that.
Sounds like he’s negotiating with himself in the corner while China laughs at this point.
What an obnoxious whiny little bitch… goes and starts a trade war for no reason, and then loses.
i hated him before he basically ruined my life
and to 40% of the country that makes you mentally ill
not my biggest problem right now
Then you’re naive
Fascists getting control of the launch codes for the larges nuclear arsenal in human history is EVERYONE’S problem
Not for no reason, because he somehow thought it would generate enough profit to cut taxes on the rich
Literally no one in his administration understands macroeconomics
This must what winning looks like.
He has to or he is gonna completely destroy every American corporation and have mass unemployment.
That and xi and Putin were in a love nest this morning and posted all the pics. It was very much a rub in trump’s face.
The damage is done, we will be in Depression 2.0 by midsummer
Supply chain is already broken, it will take months to rebuild if they ended the tariff bullshit RIGHT NOW
But as slow as this is moving, we’re going to see massive layoffs in shipping infrastructure and that will take YEARS to rebuild
I wondered when he’d back down, and what excuse he’d give to his followers.
whatever excuse they will eat it up and parrot it like it is the most profound economic truth, and then complain about Biden when we hit Depression 2.0 in August
He can pussy out all he wants - the damage is already done.
Some damage is already done. A lot. But flip flopping again and backing down would make it less bad.
Shun anyone who voted for this for life
I’ll forgive people who voted the first time, I avoid people who voted for him the second time, and I have to constantly restrain myself from being violent on people who voted for him a third time.
How’s that trade war going for ya, Donny?
They’re easy to win. All you do is, whatever happens, say you won.
Note: this technique works best if your supporters are fucking idiots
Thought this was posted on /lepardseatmyface for a sec.
Shut the fuck up, Donny.
Does it matter? Trade is nearly stalled anyway.
My congratulations to Trade for winning the trade war.
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