China and US agree to slash tariffs
c/world · u/cyrano@lemmy.dbzer0.com · 121 points
c/world · u/cyrano@lemmy.dbzer0.com · 121 points
u/cyrano@lemmy.dbzer0.com · 13 points
Trump, the pump and dump president
u/InvertedParallax@lemm.ee · 2 points
Yes, but he gets to claim victory.
u/homesweethomeMrL@lemmy.world · 12 points
Y'know they couldn't even bust him for stealing nuclear secrets to sell to the Saudis.
u/Coreidan@lemmy.world · 5 points
Don’t worry. The economy is still going to get fucked up but at least there is an end date on it.
But let’s be real. It’s not over.
u/cyrano@lemmy.dbzer0.com · 6 points
For now, so far trump always chicken out (TACO)
u/ozymandias117@lemmy.world · 1 points
He's on video congratulating people like Charles Schwab making 2.5 billion dollars from his constantly changing tariffs, so...
Probably that. Occam's razor and all
u/wewbull@feddit.uk · 4 points
Nothing has been achieved.
What goal are we closer to? What does Trump want to get out of these negotiations?
u/Saleh@feddit.org · 10 points
A 90 day truce while China accepts 30% US tariffs for that time.
u/drhodl@lemmy.world · 2 points
Well, there was a little bit of Insider Trading, so fortunes were made.....
Oh, you mean worth while for the Country? There was nothing gained, nothing. But a lot was lost...
u/scarabic@lemmy.world · 8 points
AND the stock market ROARS BACK to… 80% of previous baseline. O the winning!
u/neon_nova@lemmy.dbzer0.com · 1 points
Thank you very much 🙏
u/cyrano@lemmy.dbzer0.com · 6 points
https://archive.is/2025.05.12-071546/https://www.ft.com/content/92887b83-1b99-4d69-ba70-6bc812e23dbe
u/besselj@lemmy.ca · 53 points
Wow, he sure showed China who's boss 🤡
u/skozzii@lemmy.ca · 35 points
You mean the USA capitulated to the one and only demand China had. And now we are back where we werr before the trade war started, but in a much worse position.
u/Zier@fedia.io · 31 points
Fake trade war was 'solved' to still impose more import taxes on the US consumer.
These people couldn't negotiate their way out of a plastic, sealed, bag.
u/blinfabian@feddit.nl · 26 points
NOOOO PLS LET IT CONTINUEEE I WAS ENJOYING THE SHOW
u/wewbull@feddit.uk · 21 points
So what has changed from before all of this? What have they agreed to that makes this all worth while?
u/poopkins@lemmy.world · 17 points
Now it's up to the justice department to obtain details about shorts made prior to the tariff war and investments made prior to the reconciliation so they can prosecute anybody who performed blatant market manipulation.
u/DoGeeseSeeGod@lemmy.blahaj.zone · 17 points
Like honestly I'm mad about this and idk why. Like I know the tariffs were ass fucking backwards stupid and would likely cost me my job. I know Trump is a spineless piece of shit conman croward. But come on. All this fucking bark, and and we got what like 2 days of actual tariffs being levied and he backs off? Like I wish the piece of shit and his whole admin would die so very very very painfully, and yet he is able to disappoint me?
I know i should feel grateful, so yay for not totally fucking up the economy for next 90 days, hopefully, you spineless rotting cumstain
u/Mediocre_chad@piefed.social · 13 points
Oh goodie! It's all better now that we'll only have to pay an arbitrary 30% more for goods from China! Whew, glad they saved the day! Long live fascicapitalism!
u/overload@sopuli.xyz · 9 points
Reuters link: US and China reach deal to slash trade tariffs - https://www.reuters.com/world/china/us-china-reach-deal-slash-tariffs-officials-say-2025-05-12/
u/neon_nova@lemmy.dbzer0.com · 7 points
Text?
u/cyrano@lemmy.dbzer0.com · 6 points
Nothing ever happens 📈📈📈📈
u/drhodl@lemmy.world · 3 points
Regardless of any outcome, Drumpf was always going to claim a resounding victory.
u/Smoogs@lemmy.world · 2 points
The facepalm admin
u/grysbok@lemmy.sdf.org · 1 points
De minimus exemption is still dead, right?
u/tetris11@lemmy.ml · 1 points
Aww, how sweet