JUST IN: President Trump says the US should lower its 145% tariff on most Chinese goods to 80% ahead of trade talks between the two countries this weekend. cnn.it/3EVJlLC
JUST IN: President Trump says the US should lower its 145% tariff on most Chinese goods to 80% ahead of trade talks between the two countries this weekend. cnn.it/3EVJlLC
That’s not a concession. Why are you lying?
Passing the blame because he got it wrong
This is an example of how NOT to make a deal
He’s the worst negotiator ever
That’s still basically an embargo of Chinese goods. Trump is an idiot. @carlquintanilla.bsky.social
Must be something going on to manipulate the markets with more rumors and disinformation.
Why didn’t I think of that?
Someone is desperate for a deal.... "CHINA SHOULD OPEN UP ITS MARKET TO USA — WOULD BE SO GOOD FOR THEM!!!" DJT
This will hurt Donald's voters the most. Price hikes will happen no matter what. Even if temporary. youtu.be/gXxpadPOBSg
To be honest reversing stances whatever way its framed is good
That insane waste of air has no idea what he is doing or saying. But what do you expect from a convicted felon and adjudicated rapist!
the coward blinked again
Gobbledegook says what??????
POS
China knows Trump is desperate to avoid empty shelves. They could come out of this trade war in even better shape than before it started.
So now he is telling the US government to lower the tariffs he put on. China when he should do it... deflection extraordinaire
…. Walking back……
🤦🏻♂️
4D chess my ass.
China:
Yes. He also wants to know whose funking idea the tariffs were in the first place?
He needs to quit playing we all know the Chinese aren’t. He’s trying to save face.
Came here to make a snarky response to this headline, but so many others beat me to it. Ha!
Blinked.... again
Am I suppose to believe today's Trump or yesterday's Trump?
Tell us when it's signed. Until then , it's all just bullshit for attention for his over inflated ego.
Trump is bored with this shit too
he's deranged-someone please demand a regime change-NOW! they are destroying our economy, our place in the world & trust that took painstaking time to reach-why is not leaving well enough alone & dealing with lowering costs to americans-stop playing a tv game for billionaires with tax payers money
lmao he folds so easily. so weak
It should be lowered to 1% or 0
🤣🤣🤣
A toddler playing checkers with the economy
One person's "major concession" is another person's major incoherent nonsense.
Was this his big announcement? WTF! Stop yapping on and on about solving problems you made! Your presidency is about you not the country. Your presidency keeps you out of jail. Your presidency is about white republicans keeping their wealth and expanding power. Your presidency is meant to protect-
All your loyal servants out of jail. Your presidency is not about upholding the constitution. Your presidency keeps your name off the Epstein files. Your presidency greatness is nothing but lies and destructively deceitful. Your presidency silent the voices of the multicultural people of…
America. Your presidency keeps us moving backwards. Your presidency is meant to take away women, minorities rights. Your presidency is designed to destroy legacy of Abraham Lincoln, Dr. Martin Luther king and all that stoop up to make America what it before your fascist ass took office.
80% is still an absolute joke and totally unsustainable for the majority of businesses. Trump doesn't know what the fuck he's doing and you guys should point that out.
I thought we were going to male so much money. We don't want to make as much money now???? Nevermind it must make sense because the President did it. Right?????? 🙄
This is market manipulation!
CTFU, if they ignore him another 3 weeks it may go down to 50%.
Did he seriously just say that his obscene tarriff was a bad idea and needs to be cut in half, but the Treasury guy needs to fix it, not him?
Trump is negotiating against himself
Create a problem that doesn't exist, boast about it, then back down like a pussy and claim victory. Rinse and repeat.
Back off bougaloo! Melt like wet kleenex
To pursue the amazing trade deals of 90 deals in 90 days the Trump’s administration should announced soon that they reached a deal wit Russia and North Korea showing again the great deal maker Trump is and how his strategy provides amazing results for USA ! 😏
So - he's caving. What an idiot. We have received but pain for his stupid tariff war and MAGAts still claim the orange moron is "smart".
Major concession? 80% new tax is a concession?
China say exports are up ! Someone should inform the technocrats and Donald . We don’t need Amazon or any American to buy from China . lol those tariff wars are making America great .
Giving in before the negotiations even start? I thought he was supposed to be some great deal maker?
This time the world is standing up to the bully.
He is such a great negotiator…
TACO strikes again
Its not a 'major concession'. Its just further proof these numbers are coming out of his butt. Quit treating it like its some official declaration when he plops a percent out there, he don't remember what he said last week.
It’s only been 109 days…
And the Loser-in-Chief caves yet again.
He’s such a strong negotiator.
Was his followed by him flapping his elbows, screaming "bawk bawk bawk bawk bawk"
You mean the #TrumpTax on Chinese goods
1/3. The only person Trump cares about is himself. All of his talk is to prove he & he alone can manipulate the stock market all while enriching himself & those that are close to him. There is no trade deal, just talk.
2/3. The "deal" he struck with the UK is fundementally bad for the United States - the UK gets to sell cars in the US, just like it did before, only now with a 10% tariff compared to the higher tariffs imposed on other countries. Cars made in the UK will be cheaper.
3/3. The U.S. already runs a trade surplus with the U.K., meaning we export more than we import. We will just continue to export those things like we did before. The stock market gets continued chaos. Trump gets to enrich himself.
My SubStack post offers a brief introduction to #freetrade open.substack.com/pub/thewhyex... Understandably global marketplace #economy very complex considering the volume of trade between nations Yet any nation sees free trade opportunities between its own internal #market participants #econsky
Ha, ha, ha...he's negotiating against himself.
Why not 69%?
What a negotiator!
Buffoon
How is that a "major concession"? He just tossed a number out there, he didn't actually change anything. Sure, normally, even just saying it might be seen as a symbolic move. But with Trump, it's just noise. Ridiculous reporting.
WHO?
Trump doesn’t need other countries stuff-so the world needs to force the notion to fully expose his delusional thinking.
The USA is caving! It’s time they wake up to the fact that they are reliant on the world for goods, and the rest of the world doesn’t need what the USA has to offer! F around and find out USA!
this is nothing, my god hire some real humans you are not dumb as shit
How long before he blames the 145% tariff on Biden?
how is 80% a tariff major concession? That is still a 80% tax tax for US consumers
It gives the impression that this man does not know what he is doing. Just like ALL THE THINGS HE DID.
Oh brother- seriously - what a goof- free trade no tariffs - period.
Fart of the deal
Great news, so prices for toys and everyday items will only go up by about 50%.
Trump has to be in the news cycle, his narcissism demands it. So he walks u up the hill and down again, making money as he goes, reporting all the way. Does Trump and friends have to declare money they make through Clypto currencies ?
@cnn.com, could you please explain how dropping one insane tariff level for another tariff level that was considered equally insane is a "major concession"? Rational minds want to know.
Also, is it a concession when suddenly he claims to have no power over setting the tariff?
"The buck stops [everywhere else but] here."
NOT a serious President. Toddler trade policy.
Isn’t trump putting Americans more in debt with all the lawsuits for his wayward actions? This seems to be cast by the whims if one man hell bent in the destruction of America? Just remember the republicans can stop this but have yielded their balance of power to save America.
Leave it up to = use as scapegoat.
Make concessions before negotiating. Got to get a hold of that awesome book of his.
Trump lies dominate tv media Commentators say he promised this then that then this again essentially giving him free publicity Then trump blames Biden where again they recite this nonsense He now has excuses which media recites Suggest @rbreich.bsky.social YouTube video youtu.be/qtaIulmOS18?...
Caved.
😂😂😂
Just In: Instead of blowing up our economy with a nuclear bomb Trump has decided that an ICB missile will work just as well.
He'll "leave it up to Bessent?"
🙄
#Trump is the backdown #King
Trumps a loser destroying our country and our economy. That’s the statement CNN should be making, not their bullshit so call Just In !
Congress only and should be 10% but we’re screwed from the greatest economy ever pre Jan 2025
Major concession? Massive eyeroll at @cnn.com
If Trump's not going to be in charge of tariffs, his special obsession, he's not in charge of anything anymore. His brain is porridge.
80%? Or maybe 75%? Or 83%? These are random numbers that mean nothing but far too high.
But then we save less money?
Not so much a U-turn, but a President doing donuts. Never have I been so pleased to not be an American, being repeatedly humiliated on the world’s stage by such an utterly incompetent administration.
Stop enabling fascism with your bullshit framing, you don’t owe Trump a damn thing.
On your knees Donald!!!
Trump thought he's got all the cards, but he forgot that those cards are made in China.
It's the art of the deal. It's negotiation. Now China knows what CAN be done. Their move!
Your wallet about to catch dust and pennies - enjoy paying more for everything dipsh*t
Yup. Hold trumpies feet to the fire and he will cave even more.
This will still cost American consumers a shit ton. He has blinked first, we all know the first to make concessions in a negotiation is losing. China will tell him to go pound sand even at 80%.
Is that what the twenty-sided die roll said to do? Neato.
Trump doesn't have the cards.
Trump helped America exit from the world stage. We are now anathema to all nations and on the path to becoming an utterly irrelevant failed state.
He’ll say Biden stole them!
or the intelligence
Lmfao art of the cave!
Art of the Squeal. What a laughingstock. This is the big bad MAGA man? Stupid Nazi. Stupid.
Desperately, Don shows his fat poxy white ass to the world.
Tough getting used to all this “winning”!!!!
So even after TFG caves on 50% of the tariffs over his 10% floor, 10+(145-10)/2=77.5≈80%, USians still have to pay 80% taxes to USG on goods imported from China? I still feel like TFG's screwing us. & every single just-in-time supply line here & around the world. One #TrumpDepression coming up.
That's still absurdly high for our biggest trading partner.
We have the highest tariffs since the 1940s and the details will continue to change, randomly, as long as Trump is in charge. Absolutely the worst possible policy for the economy.
trump is all over the place, extremely wishy-washy. The U.S. looks weak and unstable under trump's leadership.
Yet this is still a tax on all of us. Trump sucks
Xi should tell him to fuck off. Trump created this problem and now the pussy is backing down.
Chuna doesn't need the United States. The United States needs China.
random
There are no talks
NO. MAKE THEM TALK!!!
4 more years of this shit, huh?
He blinked again whimp.
I mean don’t act like it’s a “win” when 80% tariff would still basically mean the end of trade with China.
Lowering before a negotiation, goodwill tactic or an acknowledgement of the shit storm that has been created
Sounds like a classic negotiation tactic: start high and hope to settle somewhere in the middle. Let's see if these talks lead to any actual progress or if it’s just more back-and-forth. It’s trade diplomacy at its finest!
Since when is 80% a concession? All of this is a joke. It's arbitrary and capricious. 80% is effectively no different than 145% - it freezes the market regardless.
80% is still economic suicide. Anyone who thinks this is good is an imbecile who shouldn't be trusted with... Well anything.
80% tariff on China goods is crazy. It's a huge Federal sales tax on consumers here because we buy a lot of their goods. Trump even eliminated the tariff exemption for lower priced goods previously in place, so its now on all goods. Consumers will pay a hefty price. It's a stealth tax on families.
Nothing stealthy about it.
80% or 145% doesn’t really mean shit. People are still going to pay higher prices.
Just like he drew it up in "The Shart of the Deal". He has zero leverage vs. China and is too fuckin' dense to see it. And 🇨🇦. And 🇲🇽. And...
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So that genius formula was absolute 🐂💩😂🤡