And now:
Trump clarifies some of the tariffs were actually 245% for some unknown reason
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And now:
Trump clarifies some of the tariffs were actually 245% for some unknown reason
I think Xi might have figured out Trump’s secret. He has no fucking clue what he’s doing. He scares people into reacting by being reckless, then claims a win for getting a reaction.
Ignoring trolls takes their power away.
"Never interrupt your enemy when he is making a mistake."
("Quand l'ennemi fait un faux mouvement, il faut se garder de l'interrompre" --Napoleon)
They're not really ignoring him though. They've discontinued exports of rare earth and are dumping debt. It's a calculated strategic response to capitalise on an epic mistake.
https://snyder.substack.com/p/the-weak-strongman
Basically, this strategy Trump and Putin and their ilk do never works outside of their little bubble. Their whole game is to tear everyone else in their sphere of influence down to their level, so that they can compete effectively and dominate, but there are always significant threats outside of the sphere. Against which we are now more or less powerless.
What a fucked up world where we are cheering on China. Fucking trump.
Predictable dictator is better than batshit crazy dictator.
Xi is more than happy to have a scapegoat for his economic troubles so the people and the powerful don't hang him. Trump sometimes wants to speed run into the hanging and then realizes he really can't piss off his own power base if he wants to keep his neck.
Everyone is somehow missing China cutting off rare earth metals the US relies on for technology and defense
It wasn't just stopping exports to the US, they've stopped exporting rare earth elements worldwide starting yesterday. Plus, they are starting to unload billion of debt we owe them. It's almost as if Trump is intentionally trying to destroy our country in the morning, and then later in the day he wants to be the bully negotiator without understanding his precarious position.
You remember r/shitamericanssay? Last time he won, there were a lot of people talking about stuff Europe has but America doesn't, and, if you browse the posts there, a lot of Americans responding how Europe is backwards, in the stone age, and what they do have is paid for by America, out of benevolence.
Well, those folks are in charge now.
That's business school from a guy who ran casinos into the ground. Nice work America.
It's true. "Casinos," plural. CASINOS PLURAL, EVERYBODY.
His fanboys will praise his indecisiveness and claim it a victory regardless of the outcome
Correct me if I'm wrong, but Trump never dropped tariffs on China, did he?
No they didn't. This is in reference to the announced exceptions for electronics like phones, which is a pretty big category. That's effectively dropping tariffs on a big chunk. That announcement was then unannounced by trump but who knows. The general perception is that trump wants tariffs but will fold when the economy catches fire and wants China to make a big deal with him so he can claim victory.
Big flex from China. I'm waiting for a country to call trump's bluff by putting an export tax on their own goods sent to the USA.
Canada should have done this on everything. If the Americans can afford the tariff then there is room for us to charge more. Not really but yeah should do it.
🤔 it's almost like tarrifs were a bad idea.
The best next step:
China does nothing (keeps their tariffs)
That's very possible. Trump gave them excuse to do this. They already set up a deal with Korea and Japan (and each two hate each other), and if they would set up a trade deal with EU then the US will be the only loser.
Trump really hurt US with the tariffs on everyone (except Russia, North Korea and Belarus)
Didn't this happen last time? Less dramatically, but still.
He puts in a bunch of tariffs. China reciprocates. The market is thrown into chaos. He shouts and screams. China ignores him. He backtracks. China ends the tariffs but doesn't do anything to try and appease him. He claims it's a victory. His fluffers say the tariffs were just to bring China to the table, which justifies the hit to the market, despite the fact China didn't come to the table and President Pigshit didn't articulate what China could actually give him to end the tariffs.
Then everyone dumps on him, and he says the roll back was fake news and it's still happening, but nobody even in the administration knows what's going on.
but nobody even in the administration knows what's going on.
"Least of all the horse."
Wish somebody told him he didn't have the cards.
The cards are made in China
All the more reason for MAGAs to hate China - they were MEAN to Daddy!
...
Trump keeps begging for China deal while bragging about phone calls kissing his ass. No foreign meetings. No envoy sent to China.
China limits US studio film releases
Bessent says Tariffs are no joke. China must make a deal.
Chinese airlines refuse Boeing+parts deliveries (reported as "China orders", but leopards were not going to make US aerospace affordable at 125% tariffs.
That is The Art of the Deal. But the Chinese version.