Trump announces 90-day pause on 'reciprocal' tariffs with exception of China

  • Geopolitical reality TV at its finest.

  • Larger discussion here: https://news.ycombinator.com/item?id=43634806

  • More discussion: https://news.ycombinator.com/item?id=43634806

  • let's hope this time someone told him that Taiwan is not part of China..

  • Again, this is Navarro's doing. All other tariffs are negotiable (behind close doors and hand-kissing Trump), except China's. Tariffing only China doesn’t work because people bypass the tariffs through an intermediary country otherwise. At least that's what he thinks.

  • If the U.S. suspends tariffs on other countries, China can engage in re-export trade, which would effectively equate to suspending tariffs on China. It's only a matter of time before this loophole is exposed.Trump has backed down.

  • So the 90-day tariff pause "fake news" wasn't fake after all...?

  • Oh man we get to look forward to these shenanigans for a long time to come, huh?

  • The uncertainty is the real problem. Not the tariffs. Tariffs this week. None next week.

    Not to mention the cronyism - we all can’t fly to Mar A Lago to get exceptions for our businesses in exchange for favors.

  • What a shame. And I was just about to start building my cutting edge 0.5 nm chip factory in Omaha tomorrow. I guess I can wait another 90 days ...

    /s