Will China also blink in the tariff war?

via notayesmanseconomics Events in the economic world continue to move very quickly. I note that at some point over the weekend President Trump responded to an issue I raised last Tuesday. Smartphones and several other categories of products will be exempt from sweeping tariffs imposed by the Trump administration earlier this month, …

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China activates ‘wartime footing’ to counter Trump’s tariff blitz…Mao-era defiance resurfaces… Beijing seeks allies against escalating trade war…

BEIJING/WASHINGTON (Reuters) -China has put civilian government officials in Beijing on “wartime footing” and ordered a diplomatic charm offensive aimed at encouraging other countries to push back against U.S. President Donald Trump’s tariffs, according to four people familiar with the matter. Communist Party propaganda officials have played a leading role …

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CEOs and investors agree: Recession is here or imminent…Companies slashed spending before tariff war, now full retrenchment mode…

Breaking: There is no longer a "likelihood" of a recession; it's either coming or here, according to CEO and investors I speak to. Here's their logic: Companies clearly cut back on spending in run-up to the tariff war. When it hit, they went into full retrenchment mode. Now amid… — …

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Bulls rally on contrarian thinking, ignoring market realities… Put/call ratio skyrockets after April shocks, China’s tariff surge from 20% to 145%

Bulls keep agreeing that everyone is bearish so it's contrarian to be bullish. In what can only be described as the biggest circle jerk in market history. Here is the put/call ratio since the Liberation Day shock which occurred on April 2nd. Which was followed by the China shock… pic.twitter.com/ZsFJjjEf4a …

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CHINA THREATENS $1.9 TRILLION ‘TSUNAMI’ in tariff war with U.S…. Chinese Embassy: ‘We don’t back down.’

🇨🇳We don’t back down. https://t.co/p1Nmun8csv — Chinese Embassy in US (@ChineseEmbinUS) April 10, 2025 *CHINA SCOOPS UP BRAZILIAN SOY AS TRADE WAR WITH U.S. WORSENS 🇨🇳🇧🇷 pic.twitter.com/z3OxjejuKD — Investing.com (@Investingcom) April 10, 2025 Malaysia to host China's Xi Jinping from April 15 – Asia & Pacific – The Jakarta Post …

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U.S. imposes 10% tariff on other nations; remains highest tariff nation. Reciprocal tariffs paused for 90 days, but China’s 125% tariff stays

Trump calls off reciprocal tariffs for 90 days. Doubles down on tariffs with China, now with a 125% tariff. Continues to impose a 10% tariff on the rest of the world. Despite the pause, the U.S. remains the highest tariff industrialized country. pic.twitter.com/Ue4g1a1gRb — Justin Wolfers (@JustinWolfers) April 9, 2025 …

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Trump rejects EU’s ‘zero-for-zero’ tariff offer

BREAKING: The European Union says they're ready to negotiate with the United States, says they've offered zero for zero tariffs. The announcement was made by European Commission president Ursula von der Leyen. "Europe is always ready for a good deal. So we keep it on the… pic.twitter.com/yTRTS8B4us — Collin Rugg …

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Trump’s tariff formula surprisingly correct! The hidden trade barriers hurting America’s competitiveness

Critics often claim that Trump’s tariff formula is flawed, arguing that tariffs alone won’t solve America’s trade imbalances. While tariffs are certainly a tool, the issue is more complex. Trump’s approach isn’t just about matching tariff rates between countries. His formula is based on addressing broader trade imbalances and forcing …

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