Trump announces another 90-day pause on China tariffs
(www.theguardian.com)
from MicroWave@lemmy.world to world@lemmy.world on 11 Aug 22:25
https://lemmy.world/post/34308074
from MicroWave@lemmy.world to world@lemmy.world on 11 Aug 22:25
https://lemmy.world/post/34308074
Donald Trump has once again delayed implementing sweeping tariffs on China, announcing another 90-day pause just hours before the last agreement between the world’s two largest economies was due to expire.
On Monday, Trump signed an executive order extending the deadline for higher tariffs on China until 9 November, officials confirmed to Reuters.
Chinese officials said earlier in the day they hoped the United States would strive for “positive” trade outcomes on Monday, as the 90-day detente reached between the two countries in May was due to expire.
#world
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It’s not even Tuesday in the US yet, why do I smell TACO?
Since the last US election … everyday is Taco Tuesday
<img alt="" src="https://retrolemmy.com/pictrs/image/d66967d9-bab7-4321-a7e2-7bc0a262d142.webp">
<img alt="" src="https://retrolemmy.com/pictrs/image/7170c51b-d251-4a8e-8517-19d6bb28a5e3.jpeg">
<img alt="" src="https://retrolemmy.com/pictrs/image/914742fa-6168-45ff-b1e6-662e6ec45df5.jpeg">
I hate that I like the third pic with the colourful bird suit.
ai slop
Draw one
<img alt="" src="https://lemmy.world/pictrs/image/a86d1afd-9f82-476c-b478-e7f94a5c9193.png">
Think I might make a trip to Taco Bell.
Sorry, out of the loop with a lot of this US political stuff, but what is this memery around Tacos?
TACO = Trump Always Chickens Out.
Trump always chickens out.
Thanks yall. That’s pretty funny that he’s developed that nickname hahaha
It’s an acronym for “Trump Always Chickens Out”.
😂
All these TACO memes are wearing pretty thin. Trump has instituted a minimum of 10% tariffs on all trading partners, with scant prospect of them ever lowering in the future even after his presidency (once tariffs go up, it’s very hard to bring them down because of the special interests that come to depend on them). He has strongarmed the EU, Japan, and other countries into accepting these permanently elevated tariff levels without retaliation. Only 3 countries have shown any sort of backbone against this: China, Canada, and Brazil (maybe India, but it’s too soon to say). In all the other cases, Trump ain’t the one chickening out, it’s the other side that abjectly folded.
(It doesn’t matter, by the way, if the Europeans intend to slow walk the investments and weapon purchases they promised to Trump, or whatever. That’s copium. The point is that they bent to Trump’s will, and once you cave to a bully, he’ll be back for more.)
Lesson not to vote right wingers Into EU parliament less chance accepting anything from this imbred redneck other is to remember he won’t respect his own deals.
Why would countries retaliate against a sales tax on Americans?
Tariffs have been cut in the past. Nothing Trump does or can do, short of killing or maiming people, is permanent.
🌮
What day is it, Swann?
Taco taco taco taco
Fucking TACO. Pathetic…
He bobs his head like a chicken too, and then of course there’s the aspirational rooster hairstyle.
🌮