reply on: Trump announces 90-day pause on ‘reciprocal’ tariffs with exception of China \ stacker news ~econ

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30 sats \ 7 replies \ @grayruby 9 Apr \ on: Trump announces 90-day pause on ‘reciprocal’ tariffs with exception of China econ

That was quick

40 sats \ 3 replies \ @Coinsreporter OP 9 Apr

I suspected it. The world media will pose Trump as a scared man now. I think the decision came on account of EU and other friend nations also went in retaliation mode.

170 sats \ 1 reply \ @grayruby 9 Apr

Doubt it. I think they got scared when 10yr treasury yields started to spike up. Clearly nation states (probably China) were dumping their treasury holdings. They can't afford a big spike in yields. Which is probably why they are still going hard at China in retaliation.

140 sats \ 0 replies \ @Coinsreporter OP 9 Apr

Yupp. That the bigger cause, right. It just went outta my mind.

40 sats \ 0 replies \ @028559d218 9 Apr

So... where did the "90 days" thing come from? My guess?

https://www.foxbusiness.com/markets/bill-ackman-calls-90-day-time-out-tariffs-risk-self-induced-economic-nuclear-winter

20 sats \ 2 replies \ @justin_shocknet 9 Apr

Right on schedule, the effective date.

Plan deniers in disbelief.

20 sats \ 1 reply \ @028559d218 10 Apr

Mar-a-Lago Accords?

40 sats \ 0 replies \ @justin_shocknet 10 Apr

Possible, might need a catalyzing event for that to bring parties together... A blockade in the Pacific to freeze shipping lanes might be part of the plan.

Long 🍿