Trump backs down on most tariffs but escalates trade war with China
www.businessinsider.com
At the same time, Trump announced that Chinese goods would now be subject to a 125% tariff, a further escalation in his trade war with China.

I guess his "Don’t be Weak! Don’t be Stupid! Don’t be a PANICAN (A new party based on Weak and Stupid people!).” didn’t apply to him.

He’s a PANICAN now.

  • DaddleDew
    261·
    13 days ago

    When he says he’s going to “pause” the tariffs that means that they’re coming back just like it happened to Canada. He’s going to jerk off the world economy like that for as long as he’s in power.

    IDK if it’s a pump and dump scheme but it sure does look like it. Meanwhile the world will decouple itself from the US economy.

    • MeekerThanBeaker
      4·
      13 days ago

      That’s what Putin wants… for other countries to not trust/rely on the U.S.

      However, that could backfire on him as it will make other countries stronger themselves.

    • JcbAzPxEnglish
      1·
      13 days ago

      Nothing is getting pumped, though.