Don't Pull That Thang Unless you Ready to Bang So Trump Basically Cost America Trillions for Nothing announces 90-day tariff pause

[Doobie Doo]

https://twitter.com/harryjsisson/status/1910024674630639988

Trump announces 90-day tariff pause for most countries, raises China rate to 125% — as he blasts ‘yippy’ critics, boasts about stock rebound: ‘Gotta be a record’​

By
Diana Glebova,

Samuel Chamberlain and

Steven Nelson
Published April 9, 2025
Updated April 9, 2025, 3:57 p.m. ET
2.1K Comments


WASHINGTON — President Trump announced Wednesday that his “reciprocal” tariff scheme was being paused for 90 days in response to overtures from dozens of countries — but duties on Chinese imports would be heightened to 125% due to a “lack of respect” from Beijing.
Trump, 78, told reporters at the White House that “yippy” critics and a “queasy” bond market were factors in his abrupt reversal — while uttering into a hot mic that a massive uptick in stock value has “gotta be a record” as the Dow Jones Industrial Average surged more than 7%.

Trump took a victory lap at the White House after stocks rose.REUTERS
“It’s up almost 7 [percentage] points, 2,500 points, nobody has ever heard of it. It’s gotta be a record,” Trump told Sen. John Barrasso (R-Wyo.) on the White House South Lawn with NASCAR Cup Series champions Joey Logano and Ryan Blaney.
Trump told reporters moments later he pressed pause because “I thought people were jumping a little bit out of line, they were getting yippy, you know, they were getting a little bit yippy, a little bit afraid, unlike these champions.”


President Trump attends a bilateral meeting with China’s President Xi Jinping on June 29, 2019.REUTERS
“I’m honored to have done it and look, nothing’s over yet,” the president added.
The announcement locks in a 10% tariff rate on most imports — including those from Mexico and Canada, which were initially exempted, Treasury Secretary Scott Bessent said — until July 8, giving the administration time to hammer out “tailor-made” deals with interested nations.
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“I have authorized a 90 day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%, also effective immediately,” Trump wrote on Truth Social.Jack Forbes / NY Post Design
Bessent predicted earlier this week it could take until June for the administration to finalize one-for-one agreements with nations on trade and other matters.
“We are going to have something that nobody would have dreamt possible,” said Trump, predicting that individual trade talks with countries would “work out amazing.”

​

 

[Doobie Doo]

Trump's sweeping tariffs explained​

• A new 10% baseline rate and harsher “reciprocal” levies will impact dozens of countries, including key allies such as European Union members, Japan and Israel.
• Online Chinese retailers, such as Temu and Shein, are no longer exempt from tariffs, due to the closing of a trade loophole on de minimus goods.
• A 25% tariff has been issued on foreign-made cars, which impacts roughly half of all vehicles sold in America.
• Following Trump’s “Liberation Day,” the Dow plunged more than 1,000 points over fears of an all-out trade war.

“A deal is going to be made with China. A deal is going to be made with every one of them.”
He added that “it even takes guts for our country to go through it. That’s why I said, ‘be cool’.”
Asked if he stalled the tariffs on the day they took effect due to a volatile bond market driven by a Chinese selloff, Trump replied: “No, I was watching the bond market. The bond market is very tricky. I was watching it, but if you look at it now, it’s beautiful. The bond market right now is beautiful. But, yeah, I saw last night where people were getting a little queasy.”



Trump sent Wall Street into overdrive at 1:18 p.m. ET when he announced on Truth Social: “I have authorized a 90 day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%, also effective immediately.”
“More than 75 countries” had contacted the White House to discuss one-for-one trade deals, Trump claimed, but China — who initially got hit with a 34% tariff increase that was raised to 84% at 12:01 a.m. Wednesday, chose to levy the same rate against US goods, leading Trump to escalate the trade war between the world’s two largest economies.

Stocks soared Wednesday after Trump’s announcement of a 90-day pause for most countries.Mike Guillen/NY Post Design
“Based on the lack of respect that China has shown to the World’s Markets, I am hereby raising the Tariff charged to China by the United States of America to 125%, effective immediately,” Trump began his post. “At some point, hopefully in the near future, China will realize that the days of ripping off the U.S.A., and other Countries, is no longer sustainable or acceptable.”
“We have a tremendous amount of spirit from other countries, including China,” Trump said on the South Lawn. “China wants to make a deal … they’re proud people and President Xi [Jinping] is a proud man … they are in the process of figuring it out.”


Bessent said that Trump has created “maximum negotiating leverage” for the United States.REUTERS/Leah Millis
The decision to adopt a pause — after publicly insisting there would not be one — “seems like it was all Trump” rather than a recommendation by a particular adviser, one administration official told The Post.
Another insider said Trump’s pivot “”caught major players off guard” and came seemingly out of nowhere.
“It’s ‘The Art of the Deal’,” said a third, referring to Trump’s 1987 book, a signed paperback copy of which Israeli Prime Minister Benjamin Netanyahu left the White House clutching Monday after promising to end Israel’s trade surplus and eliminate all tariffs and non-tariff barriers on US goods.
“He and I had a long talk on Sunday, and this was his strategy all along. You might even say that he goaded China into a bad position,” Bessent told reporters outside the White House following Trump’s announcement but before the president spoke to the press. “They responded, and they have shown themselves to the world to be the bad actors.”
“Trump created maximum negotiating leverage,” the treasury secretary went on, adding that the president “wants to be personally involved” in current and future negotiations.

Trump announces 90-day tariff pause for most countries, raises China rate to 125% — as he blasts ‘yippy’ critics, boasts about stock rebound: ‘Gotta be a record’

“Based on the lack of respect that China has shown to the World’s Markets, I am hereby raising the Tariff charged to China by the United States of America to 125%, effective immediately,&#822…

nypost.com

 

[Strapped]

Uncle Sam is just being a bully ,Iran & other countries need to ignore them

 

[Dirty Mcdrawz]

China is the bad actor

Says the person who started a global trade war

 

[Heretic]

they called his bytch ass bluff and he realized nobody is scared of his dumb ass and it won't work like he thinksit will. That's what happens when you stand up to nikkas like him. They talk real tough until the other person stands up.

 

[beenz]

what's he bragging bout? we're still 2000 points lower than we were last monday. and we're like 4000 points below where handed over the white house keys

 

[Sir Richard Spirit]

fukk China

 

[Lord_nikon]

 

[DonB90]

What a utter buffon

MAGA cacs slowly realizing this idiot isn't capable of running a Shake Shack let alone a country is fun to watch in real time not gonna lie

 

[TEKBEATZ]

fukk China

Naw

 

[CoryMack]

jesus christ. he'd be packing up his office with a security guard on standby waiting to escort him off the premises if he was the head of a company and lost the kinda money that's been lost since this shyt started.

 

[levitate]

This was never about the economy or bringing jobs back…

It was/is just about seeing himself move markets with mere words and having countries come to him trying to suck his dikk to get some sort of deal.

It’s simply weird, unchecked narcissism coupled with sociopathy.

 

[Seoul Gleou]

Shoulda DCA'd

 

[DrBanneker]

I'm sorry smells like insider trading. Some people made billions today. Trump probably one of them.

 

[Strapped]

Just watched a video with a Caucasian dude laying out what these tariffs are all about . The administration wants countries to come to Washington & negotiate a deal that they will not do business with China ,Cuba ,Iran , Russia & Venezuela . This is a different strategy from sleepy Joe's administration where he sent delegations around the world to pressure countries . This is for all the genius on the site who can't see that both sides are the same sh!t . All these scumbags do is destroy lives for the benefits of Caucasians. They have an agenda . Both sides are trash

@TripleAgent
@HarlemHottie
@Pazzy