Breaking News: Trump pauses, lowers tariffs on dozens of countries, but hikes China's to 125%

[oldno7]

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?

 But he prophesized on something that only came to be in his mind, he's a Nostradamus for sure.

Or just a schiff clone, one of 5 on this site, or is it 6?

[cato potatoe]

https://www.ft.com/content/64cf25eb-adeb-4073-a43b-a8bed475c0f5

Retailers across the US are warning of a cascade of price increases and product shortages as early as this month as a result of Donald Trump’s tariffs.

Some stores are preparing to raise prices within two weeks as the threat of tariffs of up to 125 per cent raise their costs, according to the Budget Lab at Yale University, worsening persistent inflation that has already forced many shoppers to limit their spending.

Even after the US president announced a 90-day pause on additional tariffs on Wednesday, the remaining 10 per cent blanket levy on most imports will raise prices 2.9 per cent overall, costing the average household $4,700 each year, the policy research centre estimates.

“That’s almost 18 months of normal inflation happening in very short order,” said Ernie Tedeschi, economics director at the Budget Lab.