US and China Reach 90-Day Tariff Rollback Agreement

Started by Solar, May 12, 2025, 09:36:00 AM

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Solar

I'm Sorry! Trump may have had other reasons, but letting the CCP up for air was a stupid move. We had the Commies where we wanted them, DYING!!!!
But leave it to Gateway Pundit to spin the shit out of this as some kind of a huge win.



In a major win for President Donald Trump's America First trade doctrine, the United States and Communist China have agreed to a 90-day rollback of the tit-for-tat tariffs that defined the latest chapter of Washington's hardline economic battle with Beijing. Global markets rose sharply on Monday morning as a result.

The agreement, forged over two days of high-stakes negotiations in Geneva, Switzerland, is being hailed as a strategic pause—not a surrender—and a testament to Trump's uncompromising stand against unfair trade imbalances.

Under the deal, the US will slash its previously imposed 145% tariffs on Chinese imports down to 30%, while China will match that with a reduction of its retaliatory 125% duties to just 10%, The Financial Times reports. This move, though temporarily softening the blow of Trump's full-spectrum trade offensive, keeps pressure squarely on the Chinese Communist Party to fundamentally shift its abusive trade behavior.

The US wisely opted to keep in place a separate 20% tariff specifically targeting Chinese pharmaceutical ingredients used to make the deadly opioid, fentanyl. It's a clear signal: America is no longer playing nice with enablers of our nation's drug epidemic.


https://www.thegatewaypundit.com/2025/05/us-china-reach-90-day-tariff-rollback-agreement/
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Billy's bayonet

I'm wondering of some behind the scenes back channel deal was made? Like Stop bullying the South China seas in the Philippines, cut your Military exercises around Taiwan, or no more arms to the Houti's. Kept on the QT for a 90 grace period.
Evil operates best when under a disguise

WHEN A CRIME GOES UNPUNISHED THE WORLD IS UNBALANCED

WHEN A WRONG IS UNAVENGED THE HEAVENS LOOK DOWN ON US IN SHAME

IMPEACH BIDEN

Solar

Quote from: Billy's bayonet on May 13, 2025, 05:17:27 AMI'm wondering of some behind the scenes back channel deal was made? Like Stop bullying the South China seas in the Philippines, cut your Military exercises around Taiwan, or no more arms to the Houti's. Kept on the QT for a 90 grace period.
Whatever happened was genius. The CCP just put on display for the world to see, that their weapons are pure crap, so it's not in their best interest to threaten anyone, especially militarily, and now that their economy has collapsed as well, they have nothing but a very violent shaking fist. :bigl  :bigl  :bigl
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