*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 at 30% but it is a drastic… https://t.co/dYyRTk1lOY
— The Long Investor (@TheLongInvest) May 12, 2025
No it's not. China never wanted those tariffs. They only imposed them in retaliation to ours. Since we agreed to drop ours, they dropped theirs. So they won. They got us to lower the tariffs Trump wanted but they never did.
— Peter Schiff (@PeterSchiff) May 12, 2025
Trump: "I could announce 50 to 100 deals right now because I'm the shopkeeper and I keep the store. I know what countries are looking for and I know what we're looking for and I can just set those terms and they can go shopping or they don't have to go shopping, because everybody… pic.twitter.com/j861Sg2YLr
— unusual_whales (@unusual_whales) May 11, 2025