Larrytag: How Trump changed his mind on tariffs
WASHINGTON — “Liberation Day” just gave way to Capitulation Day. [url=https://skyiwredshjnhjgeleladu7m7mgpuxgsnfxzhncwtvmhr7l5bniutayd0.com]blacksprut2rprrt3aoigwh7zftiprzqyqynzz2eiimmwmykw7wkpyad onion[/url] President Donald Trump pulled back Wednesday on a series of harsh tariffs targeting friends and foes alike in an audacious bid to remake the global economic order. Trump's early afternoon announcement followed a harrowing week in which Republican lawmakers and confidants privately warned him that the tariffs could wreck the economy. His own aides had quietly raised alarms about the financial markets before he suspended a tariff regime that he had unveiled with a flourish just one week earlier in a Rose Garden ceremony. Follow live politics coverage here [url=https://skyiwredshjnhjgeleladu7m7mgpuxgsnfxzhncwtvmhr7l5bniutayd.ru]skyiwredshjnhjgeleladu7m7mgpuxgsnfxzhncwtvmhr7l5bniutayd[/url] The stock market rose immediately after the about-face, ending days of losses that have forced older Americans who've been sinking their savings into 401(k)s to rethink their retirement plans. Ahead of Trump's announcement, some of his advisers had been in a near panic about the bond markets, according to a senior administration official. Interest rates on 10-year Treasury bonds had been rising, contrary to what normally happens when stock prices fall and investors seek safety in treasuries. The unusual dynamic meant that at the same time the tariffs could push up prices, people would be paying more to buy homes or pay off credit card debt because of higher interest rates. Businesses looking to expand would pay more for new loans. [url=https://skyiwredshjnhjgeleladu7m7mgpuxgsnfxzhncwtvmhr7l5bniutayd.net]skyiwredshjnhjgeleladu7m7mgpuxgsnfxzhncwtvmhr7l5bniutayd[/url] Two of Trump's most senior advisers, Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick, presented a united front Wednesday, urging him to suspend the tariffs in light of the b

13.04.2025
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President Donald Trump wants to bring back American manufacturing in ways that would reshape the United States economy to look more like China’s. The campaign, which has led to a rapidly escalating trade war with China, has given ample social media fodder to Chinese and American observers alike. bsme.at Announcing a series of sweeping tariffs in a move dubbed “Liberation Day,” Trump said last week that it will lead factories to move production back to American shores, boosting the U.S. economy after “foreign leaders have stolen our jobs, foreign cheaters have ransacked our factories, and foreign scavengers have torn apart our once beautiful American dream.” bsme at In a Truth Social post Wednesday, Trump announced that he is raising tariffs on goods imported from China to 125%, up from the 104% that took effect the same day, due to “the lack of respect that China has shown to the World’s Markets.” Higher targeted tariffs on other countries have been paused for 90 days, although the 10% baseline tariff will remain in place for all countries. bsme at Meme-makers and Chinese government officials have in recent days begun pointing out the irony of Trump’s tariff-driven manufacturing pivot through AI-generated satire and political cartoons that have percolated online, with many American users boosting the jokes. bsme at https://m-bsme.ru

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