Why did China accept this shitty deal?
Why did China accept this shitty deal?
To manipulate the market
chinks are a beta race, simple as
they simply don't care. US isn't that important to their success and those numbers are still high enough to drive the US economy into the ground.
Because Trump and America have leverage over them and they know he will stick to his guns. they’ve long had high tariffs on US goods, these tariffs account for the retroactive imbalance.
tariffs on US pre-Trump were around 10%. This effectively erased almost the entire liberation day tariffs.
yeah, you're not really supposed to say that, anon
art of the something
so all that talk about china not needing the US was bullshit?
Huge victory, now we're only considerably worse off than if Trump just had a stroke instead of doing reciprocal tariffs
fuck shit up for a bit
return us back to where we started
people get relieved and thank our great leader for fixing everything
Gotta admit, Trump is good at playing hos base
it even got him a 400mill jet from Qatar
Because you're a nigger.
Massive tax hike on Americans is actually a win
If you think we're back where we started, he fooled you too
Someone needs to update that with Chun-li on it.
Except they don't, their tariff rate on US goods was around 10% before all this bullshit, and all Trump has accomplished now is ruin our reputation and reliability while effectively selling the idea of siding with China to the rest of the world.
cry more leftypol
Don't you mean those countries who sided with China to stand against US look stupid now?
ruining our reputation
Trump is forcing the other nations to come to the negotiating table by making them give us favorable trade deals in order for them to sell to the US market or sell to them, stop being a little BITCH and make some money off of it
How? They were also trying to reach deals with the US, no one was siding with one country against the other. America was the only one trying to pressure them to stop trading with China and when that failed, he ended up coming around and resuming trade with China kek
This completely fell on its face for Trump in every conceivable way.
Why are you low IQ retards in this thread pretending Trump won? No wonder he won with his entire voting base being a bunch of inbred zero value cucks.
China demanded all liberation day tariffs come down
Trump agrees
now only the 30% he has on China before liberation day remains
with China now keeping 10% up on US goods
China fucking won lmao. 30% tariffs isn't moving any manufacturing back to America whatsoever.
No, because this is ANOTHER 90 day "alright start the drama back up after the hiatus" thing, which demonstrates the real issue with Trump's strategy, if you can call it that. The US is the complete opposite of a reliable partner right now; how the fuck is anyone, anyone at all supposed to invest here when all it takes is one temper tantrum from Trump or one of these tariff hiatuses running out for the entire cost situation to change?
Literally no one wants to invest in a country that's going to hit a randomizer on their tariff amounts on a monthly basis. Imagine if you tried to rent a house, but the rent went up one week, down the next, doubled the week after that, then lowered by a fifth. That's what investing in the US looks like now. For all of his bullshit, at least Xi isn't going to randomly reshuffle all his trade deals every month.
Favorable trade deals
We literally removed all of the extra tariffs we put on China since liberation day and allowed them to increase their tariffs against us compared to what they were before liberation day. At best we're right back where we fucking started, but now the rest of the world considers us unreliable and unstable.
Not to mention the fact that Trump keeps setting these 30/90 day deadlines is helping nothing. What happens when they run out? the same shit he did to Canada and Mexico where he brought the tariffs right back up? It's genuinely impossible to calculate the proper costs of investing in the US with this.
What happens when they run out?
Extension, same as he's doing with TikTok. Just extensions until the heat death of the fucking universe.
Why can't he just be consistent? Why does there seem to be no long term plan? Trump seems to be doing some great things (Immigration way down, egg, grocery and gas prices are back to 1990s levels) but I don't understand what he's doing sometimes
How is it bad? It was originally 0% now theres 10%. And America already had tariffs on China long before Trump and now its down to 30% across the board
because america buys everything from china, and china buys nothing from america, so china has no leverage at the bargaining table.
a Chinese tariff on US goods means nothing.
not that hard to understand and idk why the chinese took so long to grasp it
Not even good b8, apply yourself.
egg, grocery and gas prices are back to 1990s levels
That's a fucking lie. Eggs are still 4-5$ a dozen and his statement about gas was just literally complete bullshit. He claimed 3 states where there's 1.89 gas but there's literally not a gas station in the fucking country where that is the case right now.
well done americans your great leader just increased your prices by 30% and the profit on your china sales by -10%
but its better than 145%
They are already devaluing their currency to account for the tariff.
still hodling 195601.7328 $TRUMP
Because they both know the jobs aren't coming back to the US. China is willing to play the long game because it means a weaker US after Trump is gone while Trump doesn't give a fuck beyond the four years when he's still president.
China so powerful, they're the only nation where liberation day garbage was completely removed
It's over for the rest of the world, huh? Even the UK still has a fat 10% and they tried making a real deal like cuckolds.
Literal retard take.
Ur actually the retard, this is still an increase in the tariffs china had on usa. Anyone spinning this as positive for USA doesnt know shit about macro
Who the fuck is calling this a positive for the US?
This just solidifies the US as a weak cuckold nation.
Trump won, again.
Shame he only gets 2 terms. Somebody needs to fill in until Barron is of age.
Google gives me
US tariffs on Chinese exports in February 2020 averaged 19.3 percent
So what did he win exactly? He raised taxes on Americans and everything else is about the same.
30% tariffs isn't moving any manufacturing back to America whatsoever.
It's a 90 day deal. The uncertainty about what happens after those 90 days means no manufacturing is moving anywhere, regardless of the tariff rate.
The guy posting below you for example, the only positive thing that can be spun from this is possible Fed rate cuts sooner
90 days to start your short positions
I'd say it's inconclusive. We don't even know what it is Trump really wants. The rhetoric of Trump and his cabinet members is all over the place. If his real goal was to pressure other countries to join the US in a customs union against China, he definitely failed.
uh werent we supposed to be liberated and get jobs back and shit
What I don't understand is like
Does he not realize this makes him look like more of a bitch than if he just never started the fight to begin with
This "y-y-you better make a d-deal, I'll give you just 90 more days, for real this time!!!" shit is embarassing
Remember, that's the plan until Trump backs off, at which point that course of action was always the plan.
We don't even know what it is Trump really wants
If the Japanese are to be believed neither does Trump, that or he's playing hard to get while sitting at the table
The japs basically had no tariffs on the US and were a US client state before the trade war. There was nothing for them to win in the first place.
90 days is nothing in front of all Chinese History
they don't care
they still made the deal
ok, coping retard
We don't even know what it is Trump really wants.
Trump wants better access to foreign markets be It China, EU, Japan, etc.
He realized he wouldn't get a better deal with china without destroying both economies so he went back to old one.
It's a good move because now countries like Japan can't use china as a shield and unlike china neither of them can't put much of a fight without destroying themselves first.
Because they need us more than we need then and they were always going to bend the knee, retard. The "do nothing and win" spam was always cope.
See factory fires.
China knows they've had it too good for too long. Compared to all the dumping and currency manipulation tactics that China likes to employ while also trying to cut every corner, they likely feel as if they're already getting a really good deal with the West and don't want to ruin it, so they make a little less from exports, it's nothing compared to the amount of money they've made from essentially scamming the world for decades. They likely laugh to themselves behind close doors about how they've taken the West for fools and can't believe no one has stood up to them sooner.
Funny seeing all the third worlders and euro poors cope. First it was
NO ONE WILL TALK TO HIM AMERICA IS FINISHED!
Now it is
N-NO THOSE DEALS DON'T COUNT!
people need to realize that 30% is nothing to the average company and china, especially with gas collapsing, and any additional cost to the consumer will be negligible as tariffs are eaten to remain competitive.
What kind of access does he want though? The demands he's making are nonsensical, he wants Japan to buy US cars but US cars are 1. not up to standard in Japan and 2. literally not designed for nip roads, have you seen what they look like
You are extremely retarded or willingly ignore news. Trump wants Japan to buy American rice and other agriculture. Most of any actual negotiations US has demanded on trade since post-WW2 are about agriculture
China hardly buys anything from America and they already removed the important products from the tariff list last week. So it's 10% on basically nothing to America's 30% on everything.
We never had a 30% tariff on China.
Why would the Japs buy American rice?
N-NOO IT DOESN'T COUNT!
Cope and seethe
30% is nothing to the average company
it's nice to see the mentally retarded express freedom of thought. tell your wrangler i said "hi."
According to the Peterson Institute, as of January 20 the average tariff rate on China was 21%. The now announced 30% tariff rate is higher than 21%, however, if the exemption on a Chinese imports remains in effect, the average tariff rate will be lower than 30%.
Look up the entire chicken saga with Europe. American agriculture is dirt cheap, and people will buy it simply because it is cheap, which fucking ruins their domestic farmers. The crisis with immigration from Mexico into the US is partially due to trade deals flooding the Mexican market with cheap American food that destroyed poor Mexican farmers. The entire reason things like food standards exist since post-WW2 was to create barriers to prevent US food from entering and to protect domestic.
How is that close to what I said? Stop using Google translate.
Lower than 30? Lower than 21? Could I see it?
he can't read
China and companies will eat most of the cost, as well as . Third worlders need to accept their place as below the superpower states like the US and China
Trump wants better access to foreign market
Does he? How do you know?
The goals I've seen mentioned by Trump or his cabinet members so far are
(1) Pay off the national debt
(2) Reduce income tax
(3) Reshore manufacturing
(4) Pressure other countries into accepting new trade deals
All these goals are mutually exclusive
he went back to old one.
We don't know that yet. It's just a 90 day truce.
Yeah that's what I'm saying though. American agriculture is not only held to lower standards than other countries' agriculture, you only have to look at the absolute state of Mexico post-NAFTA to see that it's a really rubbish idea to let the US flood you with cheap toxic produce, it's the same reason they're not buying Chinese agricultural products. There's no incentive at all for them to open their market to the US agricultural sector. People talk about China dumping steel and solar panels on the market but the US did it first, just in corn and shit instead.
if the exemption on a Chinese imports remains in effect
*if the exemption on a quarter of Chinese imports remains in effect
China and companies will eat most of the cost
are you trying to say that chinese companies will pay the american import tariff?
It's going to go down to 10 soon too. Even lower than under Biden lol.
Lower than 30?
Mathematically, it must be, no? If the standard rate is 30%, and a quarter of imports are tariffed at a lower rate than 30%, then the average tariff rate should be less than 30%.
Lower than 21?
Probably higher. Idk.
It was originally 0%
It wasn't, Chinese effective tariff on US goods were around 48% (actual tariff varied by category but this was approx the blended rate). Now they're only 10%. Meanwhile the US raised its tariffs on Chinese goods from 12% to 30% and the Chinese thanks him for it. Trump won, bigly.
So then a net improvement by all accounts.
They already subsidize their companies to stay competitive. You think they won't do that further if non Chinese competitors show up at the new higher price point?
Delusional
You are talking to pissy europoors and other third worlders who are trying to come up with cope
Mainly because the US controls the world economy and holds the world reserve currency while they (countries that can afford to buy US agriculture) can't. Look at China, they couldn't even afford to have a trade war last more than 2 months before having to collapse their import tariffs
Most but of course not all. They will pay 10-20% of it (depending on good) and the end price will still be very cheap to the consumer.
Look at China, they couldn't even afford to have a trade war last more than 2 months before having to collapse their import tariffs
But the US is the one which revoked all their tariffs? China had LESS tariffs than they do right now when the trade war started
They already subsidize their companies to stay competitive
they subsidize key industries for the betterment of china or to engage in trade war. solar panel, electric vehicle, pharma, etc. companies are collecting chinese government subsidies. plastic injection molded chinkshit trinket factories aren't getting chinkbux.
willingly trying to forget China having to collapse their Tit-for-tat and end up with lower import tariffs than the US import tariffs
This is why the US is better than your shit hole country and wins in any sphere of investment. We can tell the truth sometimes while you retards can't.
Interesting how maga commie cucks think the country whose tariffs are higher got a better deal. Its just a self tax, you are happy you are in the country that taxes even more than china? The best tariff is 0%, regardless of what other countries tariff you. Tariffs are retarded. You don't have to hurt yourself just because someone else does. Trump and his entire team of overconfident pseudo don't understand basic economics.
It's just a 90 day truce. A few % points up or down during those 90 days doesn't really matter much. Since no outsider knows what comes after the 90 day truce, few businesses will make supply chain investment decisions based on it
The best tariff is 0%, regardless of what other countries tariff you.
That isn't really true. It's more complicated than that. If other countries have vastly higher tariffs, it can incentivize companies to invest offshore so they can avoid tariffs while maintaining scale benefits.
According to the Peterson Institute, China's average tariff rate on US goods as of the beginning of 2025 was 21% (it was about 8% back in 2018). The US' average tariff rate on Chinese goods was also about 21% as of the beginning of the year.
piie.com
Chinkshit factories aren't getting chinkbux
They already removed the tariffs on American ethane because they need it to to make plastic bullshit.
China literally ALWAYS had dogshit nominal tariffs though
Ethane is a fungible commodity. Putting a country-specific tariff on a fungible commodity seems pretty meaningless.
In truth, China doesn't import much from the US that is suitable to tariff. What China imports from the US is either a highly fungible commodity (e.g. fuels) or takes a lot of effort to substitute (e.g. jet engines, since China's airliners are designed to use only one or two specific engine models). Basedbeans are one of the few US exports that are suitable for tariffing since China is such a major importer of basedbeans, however China already played the basedbean card
This is a reason why China resorted to export controls as a means of retaliation. I've looked around a bit and seen no reporting that China is shelving their export controls on rare earths as part of this 90 day truce
miggertards calling this a big win despite all Liberation Day tariffs getting dropped for China
Trump claimed "80% sounded good" before the talks, then let it get assfucked down to 30% with China maintaining a 10% on US goods they didn't previously have before Liberation Day (also no word on them resuming rare earths exports)
no way manufacturing will come back to America now
this apparently is the ART OF THE DEAL
This is too fucking funny holy shit
Huh? Rice? Don't they already buy a lot of US food? They buy a lot of seafood from Alaska.
Trump is retarded and thinks every Jap wants an F150.
US isn't that important to their success
Are you just pretending to be retarded or?
Its the art of the deal, you wouldnt get it. We had the smartest people on this and had Xi by the balls. He realized he had to accept otherwise we would destroy the Chinese economy. America is back.
Japan grows all of its own rice. It literally doesn't need US rice even a little, the whole notion is apeshit retarded.
A toast!
to Anon Babble!
I'm outside having fun and here you are coping for Trump. Come the fuck on
piie.com
Nope, because all your input costs within the countries with tariffs are higher. That's what so many people don't get about tariffs. They don't just promote industry at no cost. It favors industries whose outputs are tariffed more than their imports but tariffs actually incentive offshoring for industries where the reverse is true. For example, tariff cars 10%, but inputs like steel 25%, and it actually makes more sense to offshore. Tariffs are retarded. They don't protect industry, they just move shit around in random or unproductive ways, and hamper economic growth. Its just more pointless, misguided government intervention that always backfires every single time. All this tariff BS is just an escalating game of economic self harm because the US went full retard and decided to start acting as stupid as weaker countries like China do.
egg, grocery and gas prices are back to 1990s levels
Tariffs are really only good for industries you're prepared to genuinely fight against the market to protect, like military or agriculture where the security you gain from the fact that it's part of your internal market vastly outweighs the savings you would've had if there weren't tariffs
If Trump wanted to bring back manufacturing he'd have to have a comprehensive subsidies/training program to have even glimmer of a chance
Sure, in general, "protecting" certain industries can be worth the economic cost for reasons like national security. But tariffs are one of the worse, least effect ways to even do this, compared to alternatives like subsidies. Tariffs are unpredictable and often to the opposite of what the government expects, or incentivize substitution rather than on shoring. Especially when the government is trying to tariff multiple industries which end up net harming each one of them like the example with cars and steel.
If you tariff your enemies they win
Who the fuck convinced these retards of this?
any word on de minimis rules going forward?
30% tarriffs are enough to fuck a lot of businesses that sell to bottom 60-80% income in USA (and their customers, half of whom presumably voted for trump)
It's one tool of many yeah tariffs by themselves are close to worthless since what they really do is encourage inefficiency at home, tariff protected industries sort of just end up becoming dependent on them
Because tariffs don't apply to other countries, they apply to the products of those countries and are paid by importers
b-but China will just eat
Companies NEVER just "eat" taxes nigger
bc his backers, the donor class that own the politicians whether or left or right, think in the short term. they dont think in the long term, that would require hard work, intelligence, imagination. same with trump of course.
They just snuffle and suck at the trough of financialized returns. I'm glad China wins in the longrun, these apes deserve it.
Because China is a real place full of real people with a real economy.
You may find this hard to believe, but China's primary goal is not to harm Donald Trump or tank Republicans' political chances in 2026.
I know this might be a tough pill to swallow, but China would actually rather profit WITH the U.S. than be at loggerheads with the U.S.
I'm not even a fan of the Trump tariffs, didn't vote for the guy, don't particularly care what happens. But it's pretty obvious that, yes, there could possibly be actual deals being worked out with all this.
I know Jon Stewart and John Oliver told you that Trump's tariffs would cause a Great Depression. You may have also heard from your deranged college professors that suddenly capitalism had ended. The reality of real people may be slightly different.
The people who knew this invested more in the stock market when it dipped a month ago.
Because a tariff is a tax on yourself. You are screwing yourself. Its like bragging you slammed your head against the wall 3 times and they only did once.
lowering the tariffs
I don't get it. Tariffs weren't le good?
Why lower them? Trump doesn't care about manufacturing anymore?
trump issued absurd demands that everybody said would destroy the world, waited out a few weeks of chaos, and then "conceded" a more reasonable middle ground?
This is absolutely insane!!! Who could have ever seen this coming!?!
This was never about tariffs, it was about getting manufacturing and JOBS JOBS JOBS back to America
This delay was inevitable and just averts a near term supply shock. The US reputation as the most stable, reliable market to invest and do business in is destroyed. The dollar's reputation as the safest currency is destroyed. The world is diversifying away from the US and this is a long term process that cannot be reversed. Long term deflationary effect of the dollar's growth will be reversed to an inflationary force, which will lead to a long term and constant decline in lower/middle class american quality of life who don't invest in globalized companies/stocks. People will look back at these trades wars as one of the worst, most idiotic, self destructive, empire ending retarded policies in history.
Why is the deal only good for 90 days?
Sure it's a lot better than 145% but it still isn't filling people with confidence because what if he decides 30% isn't enough in a few months?
unironically that's how he ran his TV show too
Is that what we're getting now?
I thought Trump was wrong about everything and that tariffs were a really bad idea and that China would just tax them back because they are le epic communist regime country and America is like, weak, or whatever, at least according to my tranny friends. Leftoid bros, explain?!?!
I thought tariffs were good and America needed a full decoupling from China to get the jobs back to America and shore up national security.
MIGGERTARD SISTERS, EXPLAIN????
and that tariffs were a really bad idea
They are, that's why trump folded like a lawn chair and dropped them to be pre liberation day levels. Try to keep up, migaturd.
tariffs were a really bad idea
China is already bending the knee so that they won't keep taxing them any further
Leftoid bros, how are we going to explain to the magatards that China doesn't need America in any way because they are like extremely awesome and communist?
Correct
USA: we impose 20% on you because of fentanyl or some shit (even though you sell fent precursors to other countries and they don't have a fent crisis)
PRC: sure w/e
USA: LIBERATION DAY BITCH, HAVE MOAR TARIFFS HAAHAHAHAHAHAHAHAHAHAHA
PRC: Guess it's trade war then... *retaliates*
USA: WTF stahp, ok this is bad for you, let's talk
PRC: *ignores*
USA: NO I MEAN IT, SWITZERLAND RIGHT NOW LET'S FUCKING GO, BUT I WARN YOU - 80% and !!!NO LOWER!!!
PRC: *shows up*
USA: So we're going to drop all Liberation Day tariffs and keep just 10% + the fent tariffs you were already ok with cool?
PRC: Kay, we'll bring ours down to 10% then, which is higher than what we started out with before Liberation Day, just because you annoyed us.
USA: C-cool... please start sending the cargo ships now...
ART OF THE KNEEL