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Re:Trump temporarily drops tariffs to 10% for most countries by dayvid on Wednesday April 09, 2025 @02:32PM (#43635672)
There's definitely going to be another change before 3 months are up.
Re:Trump temporarily drops tariffs to 10% for most countries by amanaplanacanal on Wednesday April 09, 2025 @02:48PM (#43635962)
Yep. He flip flops like a dying fish. There is no way to predict what idea he's going to have 90 days from now.
Re:Trump temporarily drops tariffs to 10% for most countries by dcow on Wednesday April 09, 2025 @03:01PM (#43636190)
Responding in good faith to other countries’ willingness to negotiate fair trade terms isn’t exactly flip flopping. In fact he did the same thing with Mexico. If the market was paying attention it would have accounted for this…
Re:Trump temporarily drops tariffs to 10% for most countries by TheOtherHobbes on Wednesday April 09, 2025 @03:15PM (#43636425)
It's interesting how person's nakedly obvious dump and pump corrupt opportunism is another's "responding in good faith."

The problem remains. Anyone who imports from China - which covers a lot of the economy - is screwed.

And Rest of World no longer trusts anything he says.

Re:Trump temporarily drops tariffs to 10% for most countries by thfuran on Wednesday April 09, 2025 @03:16PM (#43636429)
He is pathologically incapable of operating in good faith.
Re:Trump temporarily drops tariffs to 10% for most countries by michaelmrose on Wednesday April 09, 2025 @03:32PM (#43636697)
Good faith would have included

- not lying about tariffs being taxes on other countries that would replace us paying taxes

- not calling trade deficits tariffs and pretending to impose reciprocal tariffs

- negotiating ahead of time like normal people and clearly communicating the path forward

Re:Trump temporarily drops tariffs to 10% for most countries by ajross on Wednesday April 09, 2025 @03:31PM (#43636674)
> other countries’ willingness to negotiate fair trade terms

This is a fabricated justification. There has been literally zero public reporting of any trade negotiations post-tarifpocalypse. The only people saying there are deals being made are the White House, who have produce zero evidence of deals.

No, Trump was responding[1] to the movement of the market and in particular to the sudden spike in federal bond rates. This was absolutely not a win for Art of the Deal. There was no Deal.

[1] In "good faith", to be sure.

Re:Trump temporarily drops tariffs to 10% for most countries by outer_web on Wednesday April 09, 2025 @04:29PM (#43637556)
Bessent said this was the strategy from the beginning.