Independent thinking for complex markets and current events
*US TO CUT TARIFFS ON CHINESE GOODS TO 30% FROM 145% FOR 90 DAYS *CHINA TO LOWER TARIFFS ON US GOODS TO 10% FROM 125% FOR 90 DAYS China going to 10% is where I expect both sides to be at by the end of these talks. The US needed to save face and stay …
Lutnick: The president is going to keep significant tariffs on China. That’s his expectation… 34% is where it came out on Liberation Day. That’s the studied number. He may put it up higher. pic.twitter.com/tikk4obIEY — Acyn (@Acyn) May 9, 2025
The UK "deal" announced yesterday largely had the same terms as on Liberation Day and the "Pause" – the 10% across the board remained largely in place.https://t.co/aFLgc18ZBO — Bob Elliott (@BobEUnlimited) May 9, 2025 As @petereharrell noted the other details were pretty irrelevant. UK steel exports to the US are ~0.5bln, the UK didnt give …
White House: Trump will not unilaterally bring down tariffs on China, need to see concessions from China. — TT3 (@TradingThomas3) May 9, 2025 Now it’s 80% tariffs on China up from 50% yesterday 😂. I can’t keep up. It might as well be 145%. No trade happens at that level. pic.twitter.com/C2JMjlRD7M — QE Infinity (@StealthQE4) …
🔴 ⚠️ BREAKING: US-UK trade pact will leave the 10% US tariff in place – CNN. — FinancialJuice (@financialjuice) May 8, 2025 Trump's "big" trade deal is with the UK:– It's a framework not a deal– They're our 11th largest trading partner– They're only 3% of US trade (97% to go)– They *already* charge average …
HOLY SH*T 🚨 Reporter: “China said in order to have substantive negotiations YOU have to bring down your 145% Tariffs. Reporter: “Are you open to bring down your Tariffs to get China to the negotiating Table?” TRUMP: “NO” 🫳 🎤 TRUMP IS NOT BACKING DOWN FROM TARIFFS pic.twitter.com/2vKcbm6TD8 — MAGA Voice (@MAGAVoice) May 7, 2025
“For me, it’s pretty clear. You have Trump who’s locked in on tariffs. You have the Fed who’s locked in on not cutting rates. That’s not good for the stock market,” 👇🏼 pic.twitter.com/4q3f48LSmT — Kalani o Māui (@MauiBoyMacro) May 6, 2025 “We’ll probably go down to new lows, even when Trump dials back China to …
American media stocks tumbled on Monday after President Donald Trump unveiled a 100% tariff on all movies produced outside the U.S., in his latest levies that could sharply raise costs for Hollywood studios and roil the global entertainment industry. Trump’s announcement was light on details. It did not say whether the duties will target films …
🇯🇵JAPAN: “CAN WE NOT PAY THESE TARIFFS?” 🇺🇸USA: “LOL, NO.” Japan asked the U.S. to drop some heavy taxes on its cars and steel. The U.S. basically said: “We’ll maybe give you a discount… if you behave.” Oh, and starting this week, the U.S. slapped a 25% tax on Japanese car… https://t.co/KPrALrygvj pic.twitter.com/PzICo2GoPY — Mario …
BREAKING: India offers zero-for-zero tariffs on both auto parts and steel from the United States. — The Kobeissi Letter (@KobeissiLetter) May 5, 2025 In a bid to advance its ongoing trade negotiations with the United States, India has reportedly offered to impose zero tariffs on select American goods, including steel, auto components, and pharmaceuticals—up to …
Fun fact: all of the options are “by raising prices and/or cutting expenses. h/t kmmeow1
Japan Presses U.S. to Scrap 25％ Auto Tariffs as Ishiba Refuses Partial Trade Deal; No Deal Without ‘Total Rollback’ The government decided Saturday to continue to press the United States to review its extra tariffs on Japanese automobiles during bilateral talks aimed at scrapping the Trump administration’s tariff measures. Washington has excluded automobiles and other …
honestly, this is like February 2020 with absolutely no public awareness of what would hit within weeks (bonus – full thread starting Feb 2, 2020 for those who have any interest in watching a profoundly mishandled slow-motion trainwreck day by day: https://t.co/bewiFY9GSg) https://t.co/mbjjD8xGiz pic.twitter.com/OICJraFzlv — John P. Hussman, Ph.D. (@hussmanjp) May 4, 2025 (sigh)Tariffs went …
Donald Trump’s worldwide tariff initiative has sparked more controversy than perhaps any other program from the administration’s first 100 days. Critics claim the tariffs are already collapsing the U.S. economy while supporters believe the tariffs will lead to a dramatic resurgence of American manufacturing and the middle class. One Trump supporter, Silicon Valley investor David …
Logitech International manufactures most of its products outside the U.S., one of its largest markets, and plans to reduce reliance on China by shifting production to other countries. The company aims to cut the share of China-made goods shipped to the U.S. from 40% to just 10%. Logitech has been diversifying production since 2018, with …
$AMZN wants suppliers to eat the tariffs pic.twitter.com/R19xrdGogA — Markets & Mayhem (@Mayhem4Markets) April 29, 2025 AMAZON TO SHOW COST OF TRUMP TARIFFS ON EACH PRODUCT: PUNCHBOWL — *Walter Bloomberg (@DeItaone) April 29, 2025 🇨🇳TEMU SLAPS 145% IMPORT CHARGES AFTER TRUMP TARIFFS Temu just dropped a bomb on U.S. shoppers—adding “import charges” around 145% because …
You cannot fix a supply shock with either fiscal or monetary stimulus. Real consumption is set by the quantity of goods and services available, and tariffs pull those real goods and services out of the economy. Lowering interest rates won’t make more stuff. It will just make more… https://t.co/gkkkGOZeXz — Megan McArdle (@asymmetricinfo) April 28, …
The Toy Association provided insight into the effects of tariffs on the industry through a survey that asked more than 400 member companies to assess the potential business impact of the 145% tariffs on Chinese toy imports. The report revealed that 96% of American toy companies are small and medium-sized and that 45% to 46% …
With tariffs sweeping the planet, global shipping being cut off and knowing that 40% of fruits and vegetables are imported into the USA its time to protect yourself. We do not know how long this will last or what else in the agribusiness sector will not be delivered for food production. Marjory and I discuss …
🇨🇳🇺🇸CHINA PREPS FOR “EXTERNAL SHOCKS” AS TRADE WAR ESCALATES Xi’s Politburo is scrambling emergency plans and new monetary tools as Trump’s 145% tariffs slam the world’s number 2 economy. Beijing says it's done talking until the U.S ditches all unilateral tariffs – and it's not… https://t.co/MhpDMuo9ne pic.twitter.com/LCJSitlqNI — Mario Nawfal (@MarioNawfal) April 25, 2025 China …
China’s exporters are scrambling to find domestic buyers for their consumer goods as orders from the United States have dried up during an escalating trade war. On Chinese social media platforms, exporters joined the domestic direct-to-consumer livestream market, attempting to offload products that were initially meant for foreign customers. Some factories have slowed or halted …
China denies it held any meetings or talks with Trump officials #MacroEdge — MacroEdge (@MacroEdgeRes) April 24, 2025 China denies any negotiation…requires cancellation of all tariffs to speak pic.twitter.com/qpNw5VNB9D — Special Situations 🌐 Research Newsletter (Jay) (@SpecialSitsNews) April 24, 2025
SMALL BIZ LOVES THE PAIN—TRUMP TARIFFS GET A THUMBS-UP FROM MAIN STREET A flash poll of 50,000 small business owners shows they’re not flinching. Nearly 70% believe Trump’s tariffs will strengthen the U.S. economy, and 77% say business will grow in 2025—even as 29% admit costs are rising. ‘ That’s not fear—it’s fuel. Main Street …
China Foreign Ministry Spokesperson Guo: China and the US not yet in talks on tariffs. — FinancialJuice (@financialjuice) April 24, 2025 I think from here on Stop telling lies It will benefit everyone. https://t.co/6yXuBCTQbD — The Long Investor (@TheLongInvest) April 24, 2025 As predicted, China's incentive is to be uncooperative *CHINA: IF THE U.S. REALLY …
TRUMP: IF WE DON'T REACH A DEAL WITH COUNTRIES, THEN IN THE NEXT 2 TO 3 WEEKS, WE WILL SET TARIFFS FOR THEM, INCLUDING CHINA DEALZ — The_Real_Fly (@The_Real_Fly) April 23, 2025 🇺🇸 PRESIDENT DONALD TRUMP JUST SAID: – IF WE DON'T MAKE A DEAL WITH CHINA 🇨🇳, IT'S OK — Evan (@StockMKTNewz) April 23, …
BREAKING: The White House press secretary says “there will be no unilateral reduction in tariffs against China.” Trump is putting the ball in China’s court. — The Kobeissi Letter (@KobeissiLetter) April 23, 2025 BREAKING: White House Press Secretary Leavitt right now: There will be a fair trade deal with China, there will be no unilateral …
TRUMP MAY CUT CHINA TARIFFS TO EASE TENSIONS The Trump administration is weighing major tariff cuts on Chinese imports—possibly by over 50%—to reduce trade tensions, sources say. No final decision has been made, and options remain open. One idea is a tiered system: 🔸 35% tariffs on non-strategic items 🔸 100%+ tariffs on goods tied …
XI JINPING: TARIFFS ARE BAD FOR THE WORLD (BUT TOTALLY FINE WHEN CHINA USES THEM) Xi took a swipe at tariffs, saying they “undermine the legitimate rights” of countries and mess with the “world economic order.” Because apparently now the rules of global trade matter – just not when China’s the one stacking the deck. …
