CTJ > Be great for Trump to give all the other countries a break on tariffs in exchange for them to put extremely high tariffs on China.
Actually,
Trump did just that.
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President Trump has announced a temporary 90-day pause on tariffs for over 75 countries, but tariffs on Chinese goods will increase to 145%. This pause is intended to facilitate negotiations with trading partners, although higher tariffs may return if no agreements are reached.
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Trump announces pause in tariffs; markets jump
http://thehill.com/homenews/administration/5240707-trump-pause-tariffs-markets/
President Trump on Wednesday jacked up tariffs on China to 125 percent and implemented a 90-day pause on reciprocal tariffs against all other trading partners, causing a major surge in the markets.
“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,” he said on Truth Social.
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(Article does continue. Zim.)
Mad Poet Strikes Again.
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