your king bowed https://www.bloomberg.com/news/live-blog/2025-04-08/trump-tariffs-stock-market-updates More Trump: Trump: Not Concerned of Escalation With China Trump: I Think Xi Is One of the Smart People of the World Trump: ‘Can’t Imagine’ Further Increase of Tariffs on China
https://www.bloomberg.com/news/live-blog/2025-04-08/trump-tariffs-stock-market-updates 5m ago 17:00 Bear in mind: At the current tariff rate, the US has effectively cut off China’s exports to the US, so a 100% or 200% tariff doesn’t really make a difference. Ye Xie Markets Reporter, New York
The side benefit is that the sea traffic in the Pacific Ocean will be reduced massively. It is good for the mother earth.
I follow the Chinese markets and it is just all posturing on both sides. China was in a crisis that they spent a ton of money to try to lift themselves out of and now you can see on bond yields they are back to crisis levels. https://tradingeconomics.com/china/government-bond-yield Trump also can talk trash until the 30 year bond implodes and then is instantly saving face. This is all face saving. Xi will visit the US and I imagine in the end we will get slightly better trade terms for the US. What is obvious to me with DOGE and all this is that the system is on autopilot. No one can really do much of anything meaningful to change course.
The market is not down because of one company. The market is down because all sectors are affected. One company deciding to produce local doesn't change a thing. And besides what the market is looking for is an attitude, the approach to solving an issue. The market understands that there is going to be tariffs and possibly slowdown in economy and is starting to price that in but it doesn't like it when there is fighting. The huge drops are due to NEW tariffs, escalated reciprocal tariffs from both either Trump or China and/or the Feds not helping. To me what Powell did with his speech on April 4 was despicable. The market was NOT looking for him to bend to Trump's will and decrease the rates right away; it knows and understands the independence and autonomous nature of the Feds; all it was looking for was just some assurance from the Feds that it's ready and willing to support the economy if and when it's getting too battered due to the escalated trade barriers and not wait until the last minute. But no Powell had to say we will wait and see the full effects basically saying we will wait until the economy is in complete shit due to the tariffs and then we might do something still after taking our sweet little time assessing its full effects, again attitudes, attitudes of throwing Trump under the bus by not giving a shit about the economy and people's potentially suffering with the economy. With that, the market tanked to almost circuit breaker levels, not because the market was on Trump's side but because it saw nobody is helping but fighting against each other, the same when China launched punishing reciprocal tariffs. China, we know that it doesn't give a shit about America or the American people; all it's interested in is saving its own face but Powell is different, he's an American and is tasked to help manage the economy the most optimum way possible for America and he's supposed to have Americans' interest in his heart. The way that he was willing to hold American people's economic well-being hostage just to save its own face of showing off its independence and autonomous nature of the Feds was disappointing. The market had high hopes for him and came away really feeling a bit betrayed. Personally I think he is going to be fired. The Fed, albeit is an autonomous institution but its chairman serves at the pleasure of the POTUS and I don't think POTUS had pleasure hearing what Powell said that day. Trump is a mad man but at the end it was still the mad man who backed down and wiling to ease the tariffs, albeit temporarily. And the market likes that, a softening of the attitude albeit slightly. Any change in attitude from any party that de-escalates this trade conflict will be rewarded by a positive upward movement in the market and the opposite will depress it.
Yes it's all lobby groups pulling all the strings in the background, in all countries including China.
i bet xi doesnt bother at all. they are busy to work on trade agreements with eu and japan/south korea, may or may not work out for them but better let us consumers feel the inflation a little because tariffs are already in effect.
Many people, especially the Chinese, don't know that 145 is a bigger number than 125. Many people came up to me saying, "Sir, is there a bigger number than 125?" And I said, "145 is a big, beautiful bigger number," and tears rolled down their eyes. Trump tariffs on China now total 145%, White House clarifies: Live updates https://www.cnbc.com/2025/04/10/china-trump-tariffs-live-updates.html The U.S. tariff rate on Chinese imports now effectively totals 145%, a White House official confirmed to CNBC. Trump’s latest executive order hikes tariffs on Beijing to 125% from 84%. But that comes on top of a 20% fentanyl-related tariff that Trump previously imposed on China.