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US China Deal So Far S&P 500 up nearly 2.7% (Patreon)

Published:
2025-05-12 13:51:42
Imported:
2026-06
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Content

White House just posted a statement on U.S. and China’s historic Trade deal

America’s Tariffs on CHINA: 145% -> 30%

China’s Tariffs on AMERICA 125% -> 10%

This is GOOD NEWS

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Mbolorman

The joint statement suggests a temporary de-escalation rather than a full return to the pre-trade war status quo. Here’s a breakdown of what has and hasn’t changed: What has changed: - Both sides agree to suspend 24 percentage points of additional tariffs for 90 days. - Commitment to remove some modified additional tariffs from recent executive orders and announcements (April 2025). - Mechanism for continued dialogue and future consultations is being established. What has not changed: - Core tariffs from the trade war era remain: Both the U.S. and China will still apply a 10% ad valorem tariff on certain goods. - No rollback to pre-trade-war baseline: This is not a full reversal—it’s a partial, temporary suspension. - Structural issues unresolved: There’s no mention of IP protection, forced tech transfer, or state subsidies—central issues that triggered the trade war. Bottom line: This deal represents a cooling-off period rather than a resolution. It’s progress compared to the peak of the trade war, but we are still far from the pre-2018 status quo in U.S.-China trade relations.

2547

Getting a nearly half a billion dollar jet from the Hamas funders in Qatar for doing nothing is the REAL deal