“China has to give us magnets. If they don’t, we charge a 200% tariff or something. Nobody needed magnets until they convinced everybody 20 years ago let’s all do magnets.” – Trump

“China has to give us magnets. If they don't, we charge a 200% tariff or something. Nobody needed magnets until they convinced everybody 20 years ago let’s all do magnets." – Trump ????? pic.twitter.com/hI91SCnwjd — Spencer Hakimian (@SpencerHakimian) August 25, …

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Cutting here = loosening financial conditions just as inflation pressures re-accelerate; Walmart CEO warns that tariff costs are climbing every week

So I’m supposed to believe the Fed is about to cut rates when credit spreads are sitting at multi-month tights? Cutting here = loosening financial conditions just as inflation pressures re-accelerate. That’s a policy mistake in the making and likely …

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Bessent warns China of 100% tariff over Russian oil purchases. China replies coercion fails. Firms quietly hedge for up to 500% secondary tariff risk.

Scott Bessent warned that China could face 100% tariffs if it continues buying Russian oil, citing a pending bill that allows secondary duties up to 500%. https://kyivindependent.com/china-should-expect-100-tariffs-for-buying-russian-oil/ “The Chinese take their sovereignty very seriously. We don’t want to impede on …

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