Author Topic: Breaking News: Trump pauses, lowers tariffs on dozens of countries, but hikes China's to 125%  (Read 1383 times)

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Offline mystery-ak

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Just Breaking

 Published April 9, 2025 1:32pm EDT
Trump says he's raising China tariffs further, pausing reciprocal tariffs for others
China earlier raised tariffs on US goods to 84%

   
By Stephen Sorace FOXBusinessThe tariff tit-for-tat between the U.S. and China escalated again Wednesday, with President Donald Trump saying that he is immediately raising the tariffs on Chinese goods to 125% over Beijing’s "lack of respect" toward America, while pausing and lowering reciprocal tariffs on other countries.

"At some point, hopefully in the near future, China will realize that the days of ripping off the U.S.A., and other Countries, is no longer sustainable or acceptable," Trump posted on his Truth Social media platform.

This is a breaking news story; check back for updates.


« Last Edit: April 09, 2025, 01:41:25 pm by mystery-ak »
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Offline mystery-ak

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Stocks Soar After Strong Demand in Treasury Auction and Tariff Pause

The Dow jumped 5.9 percent, the S&P 500 rose 7.3 percent, and the Nasdaq soared 8.9 percent, capping a dramatic rebound from a week of steep losses triggered by spiking bond yields and escalating global tariffs.

https://www.breitbart.com/economy/2025/04/09/stocks-soar-after-strong-demand-in-treasury-auction/
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Offline catfish1957

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Did I hear right also, that Navarro has been removed form his negotiations duty? 

 happy77
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Offline Wingnut

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You know.  I'm of the mind now that this was Trumps plan all along.  He knew China would react as it did.  When China did he backed off the other countries tariffs.  Now China is stuck.
You don’t become cooler with age but you do care progressively less about being cool, which is the only true way to actually be cool.

Offline mystery-ak

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Did I hear right also, that Navarro has been removed form his negotiations duty? 

 happy77

I haven't heard that but will find out...
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Offline catfish1957

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Did I hear right also, that Navarro has been removed form his negotiations duty? 

 happy77

Half an ear on FBN...   

So Hold that fact...  I can't find anything on Twitter to substantiate.
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Trump Tells Americans to Stay Calm: ‘This Is a Great Time to Buy’

President Donald Trump is telling Americans to “be cool” and it “is a great time to buy” as his reciprocal tariff policies officially go into effect.
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Offline mystery-ak

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Trump Posts on 𝕏
@trump_repost
·
29m
Based on the lack of respect that China has shown to the World's Markets, I am hereby raising the Tariff charged to China by the United States of America to 125%, effective immediately. At some point, hopefully in the near future, China will realize that the days of ripping off the U.S.A., and other Countries, is no longer sustainable or acceptable. Conversely, and based on the fact that more than 75 Countries have called Representatives of the United States, including the Departments of Commerce, Treasury, and the USTR, to negotiate a solution to the subjects being discussed relative to Trade, Trade Barriers, Tariffs, Currency Manipulation, and Non Monetary Tariffs, and that these Countries have not, at my strong suggestion, retaliated in any way, shape, or form against the United States, I have authorized a 90 day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%, also effective immediately. Thank you for your attention to this matter!
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Offline mystery-ak

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Offline rustynail

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Would it be in China's interest to nuke Hawaii now?

Offline mystery-ak

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Joe Concha
@JoeConchaTV
·
3m
Dow up more than 2000 points as a result.

The usual suspects say Trump backtracked here. Not at all the case, or China would have been included.
Bessent laid this out perfectly: Make deals with allies who want to negotiate, then approach China as a group after it isolates it.
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Offline cato potatoe

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Bad news for China.  Fortune cookies are made in the USA.  Also, we have plenty of cats. 

Offline Wingnut

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Would it be in China's interest to nuke Hawaii now?

Only if Weezie Hirono is there doing a Town Hall.
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Offline berdie

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You know.  I'm of the mind now that this was Trumps plan all along.  He knew China would react as it did.  When China did he backed off the other countries tariffs.  Now China is stuck.



I would like to believe this as well...but I don't think it was the "plan" but mere happenstance.

Offline Stevensr123

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So liberation day is paused then?

Offline Stevensr123

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nasdaq Spiked massively before the pause was announced. Pure insider trading by trump and his friends

Offline Wingnut

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nasdaq Spiked massively before the pause was announced. Pure insider trading by trump and his friends

One little problem with your supposition.  You can't prove it.  So all you have is splinters in the windmill of your mind.
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Offline Stevensr123

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One little problem with your supposition.  You can't prove it.  So all you have is splinters in the windmill of your mind.
Yes I can, maybe use your brain a little bit. Why else would it spike BEFORE the announcement?that is literally the definition of insider trading. MTG literally made 700k off it.
« Last Edit: April 09, 2025, 10:46:30 pm by Stevensr123 »

Offline Wingnut

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Yes I can, maybe use your brain a little bit. Why else would it spike BEFORE the announcement?that is literally the definition of insider trading. MTG literally made 700k off it.

I don't think you understand the meaning of insider trading.
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Offline Right_in_Virginia

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Why else would it spike BEFORE the announcement? that is literally the definition of insider trading.

Reading comprehension isn't in your wheelhouse, is it @Stevensr123  :laugh:

Trump Tells Americans to Stay Calm: ‘This Is a Great Time to Buy’

President Donald Trump is telling Americans to “be cool” and it “is a great time to buy” as his reciprocal tariff policies officially go into effect.

Quote
Donald J. Trump
@realDonaldTrump

BE COOL! Everything is going to work out well. The USA will be bigger and better than ever before!

Apr 09, 2025, 9:33 AM

https://truthsocial.com/@realDonaldTrump/posts/114308258545250117


https://truthsocial.com/@realDonaldTrump/posts/114308272725981913




« Last Edit: April 09, 2025, 11:29:31 pm by Right_in_Virginia »

Offline DefiantMassRINO

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The Treasury Bond market shat itself this morning (forboding higher interest rates, a liquidty crunch, and possible credit market seizure).
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Offline oldno7

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Yes I can, maybe use your brain a little bit. Why else would it spike BEFORE the announcement?that is literally the definition of insider trading. MTG literally made 700k off it.

 Oh--look, another schiff.

What is that 5 now? I've lost track.

Offline LMAO

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I made a prediction a few days ago that Trump would cave and it looks like that has come true

He’s gotten away with bullying and blustering all his life, but this time the market and the economy didn’t let him grab it by the genitals.

This administration is such a train wreck… Lol
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Offline oldno7

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I made a prediction a few days ago that Trump would cave and it looks like that has come true

He’s gotten away with bullying and blustering all his life, but this time the market and the economy didn’t let him grab it by the genitals.

This administration is such a train wreck… Lol

lol

Offline catfish1957

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I made a prediction a few days ago that Trump would cave and it looks like that has come true

He’s gotten away with bullying and blustering all his life, but this time the market and the economy didn’t let him grab it by the genitals.

This administration is such a train wreck… Lol

Uhhh...

On a results based basis....

75 nations are rushing to the negotiations table.
The markets though volatille, have stabilized a lot since the initial shock
Chicoms have been isolated as the real bad guys, and at face value, are near panic, WHILE....   Not given the appearance to be singled out.

And you have the balls to call this a train wreck?  What planet are you from?
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