Re:U.S. Economy Contracts at 0.3% Rate in First Quarter
by neogodless on Wednesday April 30, 2025 @09:54AM
(#43845293)
Don't forget that the 10% for everyone tariffs were not paused, nor can they be negotiated away.
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Re:U.S. Economy Contracts at 0.3% Rate in First Quarter
by parsimo2010 on Wednesday April 30, 2025 @11:08AM
(#43846359)
> 10% for everyone tariffs were not paused, nor can they be negotiated away
But "everyone" doesn't mean everyone because everything on this list is exempt from the global 10% tariff and recriprocal tariffs (https://www.whitehouse.gov/wp-content/uploads/2025/04/Annex-...). Categories have been added to the list after influential people called the President. So even the 10% for "everyone" tariff can be negotiated away if you give the President something he values.
Re:U.S. Economy Contracts at 0.3% Rate in First Quarter
by thayne on Wednesday April 30, 2025 @11:46AM
(#43846873)
Which suggests it isn't just a way to get foreign countries to negotiate, but also a way to get domestic companies to negotiate with him, possibly in a way to increase his personal power.