Right now the markets are up 7%.

Trump announces 90-day pause on tariffs for most countries, but raises them to 125% for China

Stocks surge after Trump's tariff pause announcement

Global markets surged after Donald Trump announced a 90-day pause on tariffs except for China.

The S&P 500 is surging 5.6%, while the Nasdaq has jumped over 8%.

Trump’s Truth Social statement suggests he has backed down on tariffs on most countries for 90 days, applying instead a 10% tariff.

He also announced he has raised his tax rate on Chinese imports to 125%.

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How can this be a victory?

He has basically dropped his tariffs; what has he achieved?

Trump has damaged America's reputation as a reliable trading partner. An utter prick that has caused a lot of damage around the world.

Billionaires from the US have been on TV saying that the business world needs certainty for stability, not unpredictability.

The EU is creating plans to replace Visa, Mastercard, and Paypal. The answer to the tariffs is to become more self-sufficient.

So, this is a big loss for these US companies. It is not clear if these companies will be banned from the EU.

I never said he has achieved victory….he has declared victory. Apparently over 70 countries are anxious to negotiate.

As if we needed more evidence that the man doesn't know what the f**k he's doing.

Brave Sir Donald ran away.

Bravely ran away away.

When danger reared it's ugly head,

He bravely turned his tail and fled.

Yes, brave Sir Donald turned about

And gallantly he chickened out.

Bravely taking to his feet,

He beat a very brave retreat.

Bravest of the brave, brave Sir Donald!

Actually CNBC just had interviews documenting his intention to do exactly this…. activate the tariffs and then call a pause. Others think it’s because the bond markets were sending up the white flag.

Hell Anger maybe you Micks will get to keep your tax haven plunder.

Enjoy your egg!

Off to golf….try not to embarrass yourself anymore

"Apparently over 70 countries are anxious to negotiate.

It's (tariffs) always been a tool...he just illustrated that he's actually prepared to us it as more than just a threat.

BREAKING: The White House caves on most tariffs—then calls it “The Art of the Deal.”

You can’t make this up. These are the most dangerously incompetent people I’ve ever seen: -

Disrupted global supply chains

- Sent American companies into a panic

- Tanked global markets

- Alienated key allies

- Triggered retaliatory tariffs

- Then pulled back... and declared victory -

This is Trump’s strategy in a nutshell:

Create chaos ? let it burn ? partially undo the damage ? claim a win. It only works if your base never learned how to think critically.

Apparently over 70 countries are anxious to negotiate.

And I have a fancy tower in Paris I want to sell ya.

It's (tariffs) always been a tool...he just illustrated that he's actually prepared to us it as more than just a threat.

Weren't tariffs supposed to be a revenue that covered off the cost of his tax cuts?

He warned them momths ago...it is the art of the deal...the world needed a wakeup call...and Trump is ringing loud and clear.

Hell Anger maybe you Micks will get to keep your tax haven plunder.

Let the good times roll. I mean the US wouldn't want to jeopardize that sweet trade surplus it has with Ireland.

He warned them momths ago...it is the art of the deal...the world needed a wakeup call...and Trump is ringing loud and clear.

Will you stop willingly being gaslighted.

"Will you stop willingly being gaslighted."

Says the man who eagerly bought into and cheered on the Biden/Harris/ Walz horse manure.

Trump has damaged America's reputation as a reliable trading partner. An utter prick that has caused a lot of damage around the world.

Well said....oh well there's hope the penguins might have their tariffs lifted.

“They used to go crazy when I talked about … the late, great Hannibal Lecter. Right? ‘Why does he talk about that? He’s a fictional character.’ He’s not. We have many of them that came across the border. He’s actually not.

“But when the people went to the voting booth, then we understood why he talked about that because they voted for us. They say, ‘We don’t want Hannibal Lecter in our country.’”

The dinner was also notable for a slip of the tongue by Tom Emmer, a Republican congressman from Minnesota. He told the audience: “President cunt – Trump is counting on us!”, hastily correcting himself.

The error was caught with glee by social media users. The Lincoln Project, an anti-Trump group, tweeted: “Had it right the first time.”

President says at National Republican Congressional Committee dinner that world leaders are ‘kissing my ass’

Says the man who eagerly bought into and cheered on the Biden/Harris/ Walz horse manure.

None of them would have have given us this shit show.

BREAKING: The White House caves on most tariffs—then calls it “The Art of the Deal.”

That's what the Zombies will call it, we know he bungled the whole thing, I feel for the retirees whose timing clashed with his clumsy handling of his tariff announcements.

What a moron!

BREAKING: The White House caves on most tariffs—then calls it “The Art of the Deal.”

That's what the Zombies will call it,

No matter how stupid or how badly he messes up, they will say its all part of some master plan.

China, Japan, South Korea to bolster trade ties

The three nations announced on Sunday that they have agreed to accelerate negotiations on their trilateral free trade agreement and enhance cooperation in supply chain management and export controls, according to China's Ministry of Commerce.

Zhong Nan

China Daily

A shopper browses Japanese goods at a sales exhibition of products from China, Japan and South Korea, in Qingdao, Shandong province. PHOTO: CHINA DAILY

April 2, 2025

BEIJING – Amid tariff increases by the United States and growing economic fragmentation worldwide, China, Japan and South Korea — three manufacturing powerhouses that depend heavily on foreign trade — are likely to form closer ties to preserve Asia’s economic stability and create a buffer against unilateralism, said trade experts and business leaders on Monday.

The three nations announced on Sunday that they have agreed to accelerate negotiations on their trilateral free trade agreement and enhance cooperation in supply chain management and export controls, according to China’s Ministry of Commerce.

During the 13th meeting of economic and trade ministers from the three countries, which took place in Seoul, South Korea, on Sunday, top trade officials reaffirmed their commitment to strengthening collaboration within regional and multilateral frameworks.

Faced with mounting pressure on the global economy, they convened for their first talks in five years, as tensions rise over impending tariff threats from the United States.

After announcing 25 percent tariffs on car and light truck imports from all countries in late March, a decision that will significantly affect Japanese and South Korean automakers, Washington plans to start collecting these tariffs from Thursday.

Lu Hao, a research fellow at the Chinese Academy of Social Sciences’ Institute of Japanese Studies, said the close geopolitical and economic ties among China, Japan and South Korea are an objective reality. Efforts by the US to push Japan and South Korea to “de-risk” or decouple from China are unlikely to succeed, given the Northeast Asian economies’ deeply intertwined economic ties.

“Recent White House policies have heightened concerns among Washington’s Asian allies, particularly Japan and South Korea,” said Lu, adding that these two countries should return to a path of strengthening regional cooperation and improving engagement with China in order to cope with US pressure.

The revival of trilateral cooperation, particularly in economic and trade affairs, is a prevailing trend, he added.

Echoing similar views, Zhang Yuyan, a member of Academic Divisions at the Chinese Academy of Social Sciences, noted that in the wake of US tariff hikes, many countries, especially Japan and South Korea, have increasingly come to appreciate the importance of intra-Asian cooperation.

At the meeting in Seoul, the three countries also agreed to deepen collaboration in digital and green economies, enhance local cooperation, and foster a more favorable environment for cross-border business.

Reflecting the growing business confidence in regional cooperation, Tetsuro Homma, executive vice-president of Panasonic Holdings Corp, said the Japanese company will expand production capacity at its electronic materials plant in Shanghai this year, with operations expected to begin in 2027. This follows the company’s launch of a semiconductor factory project in Suzhou, Jiangsu province last year.

He said China’s leadership in technologies such as artificial intelligence, electric vehicles, solar cells, and other sustainable energy innovations will serve as key drivers of future economic growth.

China and Japan saw their bilateral trade value decline 0.6 percent year-on-year to 324.07 billion yuan ($44.72 billion) in the first two months of 2025, while export and import value between China and South Korea dropped 0.1 percent on a yearly basis to 335.51 trillion yuan, data from the General Administration of Customs showed.

Within the framework of the Regional Comprehensive Economic Partnership, China, Japan and South Korea have already established a set of reciprocal terms and market access commitments, said Yuan Bo, a researcher specializing in foreign trade at the Chinese Academy of International Trade and Economic Cooperation in Beijing.

If the three countries build on this foundation to broaden trilateral free trade cooperation, including in goods and services trade, as well as further market liberalization and reciprocal policy alignment, it will anchor them more firmly in a shared vision of achieving mutual benefit through better regional development, said Yuan.

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You'd have to wonder about the irreparable damage the latest Trump crisis has caused people and businesses......we'll probably never know, for mine I lost 16% of my retirement fund.

The Zombies will say that's ok and blame Biden, Harris and the Demokrats.

There most probably was a way of handling the issue a lot better than the way a drunk would but that wouldn't be typical Trump....he doesn't even have to be a drunk to single handedly bungle and butcher the world economy.

Edit: Just found this as an example

Madagascar's textile industry is facing a significant threat due to recently imposed US tariffs, with an estimated 60,000 jobs potentially at risk. The 47 per cent tariff implemented by the US government has affected low-income countries like Madagascar, which import smaller volumes of US goods but now face some of the highest tax rates.

This poses a severe challenge to Madagascar's economy, as the textile and clothing sector employs approximately 180,000 people and contributes around 20% to the country's GDP. The sector heavily relies on exports to the US, with $733 million worth of goods shipped in 2024, largely facilitated by the African Growth and Opportunity Act (AGOA). This act previously granted duty-free access to the US market for many African-produced goods.

I wonder about the irreparable damage done to your already simple brain.

"Says the man who eagerly bought into and cheered on the Biden/Harris/ Walz horse manure.

None of them would have have given us this shit show."

No, they gave us super inflation and insane DEI policies...there's a very good reason the got rejected at the voting booth.

Like I said, buy the fear.

Biden left with the US economy the envy of the Free World. Fact.

Your cult leader's batshit. Fact.

Take your missus's advice before she gives you a miss . Fact.

These are facts that you cannot ignore.

I wonder about the irreparable damage done to your already simple brain.

So you acknowledge I have a brain, tx ........compared to you who hasn't got one.....Dope!

What have you started BB.......Take your missus's advice before she gives you a miss.

Get set for another bible reading spin of his love life on some remote island.

The good lady's got TDS bad

Another thread, same thing. Liberals can no longer accept to lose. They have to win due to the society they have built, when being a loser is being a vanquished person. Vae victis applied in times of peace. So funny. They can not take responsibility fo any of their dump and even less held accountable.It was the plan all along the way to bring to the negotiation table people who have been always negotiating. It is another stupidity to try to dress that stuff as a way to bring people to the negotiation tables when those people have never left the negotiation tables. What happened is that the US wanted to force their terms in the ongoing negotiations and it did not work, they had to yield before anything else.

Lesotho is a better example than Madagascar as it is blatant. Tiny economy, sells more to the US than they buy from the US. So the US have said this is screwing the US. Madagascar is screwing the US by 740 million dollars, Lesotho by 250 million dollars. And already, in those examples, the malevolence of the US appears. The US punish Madagascar with 47 per cent tariff while punishing Lesotho with 50 per cent tariff. Lesotho and Madagascar, according to liberals are screwing the US and the US punishes more the country that is screwing the US the least. And this is only about hundred of millions dollars.because easily enough, countries that screw the US by billions can be found and guess what, they are less punished than Lesotho. The EU is screwing the US by hundreds of billions and is only punished with a 20 per cent tarriff. Even when accepting the warped perception of how the US are screwed by international trade, it is now required that the lesser offenders are to be punished the most. Malevolence at is sheer expression.

Cry some more

All this fury….listen to Tennyson:

I slip, I slide, I gloom, I glance,

Among my skimming swallows;

I make the netted sunbeam dance

Against my sandy shallows.

And out again I curve and flow

To join the brimming river,

For men may come and men may go,

But I go on for ever.

Cry some more

Ah, liberals, they can not take it. They need to invent perceptions. Crying with tears of laughters and jubiliation, maybe... Liberals do as they are. Every time they do as they are depicted to be, that is great. Lately, they have been doing that a lot.