Tariff Man and his tariff plan cause market plunges

[txdot-guy]

Originally Posted by HDGristle

https://www.bbc.com/news/live/cd7ry3x0nvet?page=3

A deal in principle with China. Details still to be worked out and signatures still to come. We've seen surprises before pen haa been put to paper to many times to take it at face value... and we'll need for see what the ultimate tariff rate become and on what.

Some red meat for the base with promised AG purchases. God knows he needed to cut a deal on that.

Yeah, but how much of this deal would we even need if Trump hadn’t started this tariff war to start with.

[Green_Mountain]

Originally Posted by txdot-guy

Yeah, but how much of this deal would we even need if Trump hadn’t started this tariff war to start with.

What you call war others call trying to improve financial terms for the US. The financial trajectory the US is on is not sustainable and you know that.

Is it unconventional by historical standard? Maybe. But how well has that worked?

[HDGristle]

Originally Posted by txdot-guy

Yeah, but how much of this deal would we even need if Trump hadn’t started this tariff war to start with.

Very, very little. He could have just picked up the phone. Alas, he needs to create drama he can pretend he solved. Meanwhile, we're still paying more