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Trump caves on tariffs after Chins calls his bluff

 
Anonymous Coward
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08/14/2019 01:17 PM
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Trump caves on tariffs after Chins calls his bluff
He can’t pull the trigger.

President Trump delayed the new tariffs on a large batch of Chinese imports that were supposed to go into effect Sept. 1, and exempted some other Chinese imports altogether. The move deescalates Trump’s trade war with China, and amounts to a tacit acknowledgement by Trump that his tariffs might hurt American consumers too much.

Laptops, cellphones, gaming consoles, and other products imported from China won’t face a 10% tariff on Sept. 1, as expected. The Trump administration says the 10% tariffs on those products will go into effect on Dec. 15, instead. But the delay reveals an unwillingness by Trump to raise the cost of products many Americans find essential, suggesting he’s bluffing about ever imposing such a tariff.

Trump has now partially reversed himself on the 10% tariff, without any corresponding concession from China. In fact, China has toughened its stance recently, essentially calling Trump’s bluff. China has refused to fulfill its pledge to start buying more U.S. farm products, for instance. And it has allowed its currency to fall in value more than usual, which makes Chinese exports to other countries cheaper and boosts domestic sales. It’s possible China has decided to bear the pain of Trump’s trade war for the next 15 months and hope Trump loses the 2020 election.

That has left Trump, who fancies himself a master dealmaker, negotiating with himself.

Trump has now revealed his pain point: He’s unwilling to tax American consumers beyond a nominal level, or stomach the stock-market turmoil steep tariffs cause. This is the fundamental problem with tariffs as a tool to gain leverage in trade negotiations: To inflict pain on a trade partner, you have to hurt your own economy first, through higher taxes.

But one way out of the standoff is for Trump to lose. His hand is now weaker, though that might be good for the U.S. economy. If he called off more tariffs, it would be better still.


[link to finance.yahoo.com (secure)]
Vicious Deplorable dollop
You ain't seen nothing yet!

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08/14/2019 01:19 PM

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Re: Trump caves on tariffs after Chins calls his bluff
He can’t pull the trigger.

President Trump delayed the new tariffs on a large batch of Chinese imports that were supposed to go into effect Sept. 1, and exempted some other Chinese imports altogether. The move deescalates Trump’s trade war with China, and amounts to a tacit acknowledgement by Trump that his tariffs might hurt American consumers too much.

Laptops, cellphones, gaming consoles, and other products imported from China won’t face a 10% tariff on Sept. 1, as expected. The Trump administration says the 10% tariffs on those products will go into effect on Dec. 15, instead. But the delay reveals an unwillingness by Trump to raise the cost of products many Americans find essential, suggesting he’s bluffing about ever imposing such a tariff.

Trump has now partially reversed himself on the 10% tariff, without any corresponding concession from China. In fact, China has toughened its stance recently, essentially calling Trump’s bluff. China has refused to fulfill its pledge to start buying more U.S. farm products, for instance. And it has allowed its currency to fall in value more than usual, which makes Chinese exports to other countries cheaper and boosts domestic sales. It’s possible China has decided to bear the pain of Trump’s trade war for the next 15 months and hope Trump loses the 2020 election.

That has left Trump, who fancies himself a master dealmaker, negotiating with himself.

Trump has now revealed his pain point: He’s unwilling to tax American consumers beyond a nominal level, or stomach the stock-market turmoil steep tariffs cause. This is the fundamental problem with tariffs as a tool to gain leverage in trade negotiations: To inflict pain on a trade partner, you have to hurt your own economy first, through higher taxes.

But one way out of the standoff is for Trump to lose. His hand is now weaker, though that might be good for the U.S. economy. If he called off more tariffs, it would be better still.


[link to finance.yahoo.com (secure)]
 Quoting: Anonymous Coward 72251204


Yahoo... laugh1
Oh' What the Hell, do I look like I want to die in some nursing home one day...
Electing President Donald J. Trump Is The Revolution!!! Hell Yeah!!!
America must have 3 new Constitutional Amendments...
1. Drug Tests and Mental Evaluations on all politicians and judges randomly five times per year.
2. Term Limits for Federal politicians and judges.
3. Mental and health standards for Supreme Court Justices and retirement age set.
Crooked Hillary - Lock Her Up... Lock Her Up !!!
Obama- A Lawless marxist-islamic.
Democrats are a loose knit group of ideologues who only share the common goal of destroying our Constitutional Republic. They should be agitated against each other until they splinter and eat each other.
All the marxists-islamics, Drug Addicts, Pedos, and Homos love Hillary and hate President Trump.
All Pedos And Their Supporters Must Face Justice And Be Publicly Hanged.
Let Justice Be Done Though The Heavens Fall.
Anonymous Coward
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08/14/2019 01:22 PM
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Re: Trump caves on tariffs after Chins calls his bluff
“Trade wars are good and easy to win”

—-Donald Trump March 2018
Anonymous Coward
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08/14/2019 01:37 PM
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Re: Trump caves on tariffs after Chins calls his bluff
Trump is such a loser.
Anonymous Coward
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08/14/2019 01:38 PM
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Re: Trump caves on tariffs after Chins calls his bluff
Looks like Trump flip flopped.
Anonymous Coward
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08/14/2019 01:39 PM
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Re: Trump caves on tariffs after Chins calls his bluff
Commerce Secretary Wilbur Ross says that the Trump admin's decision to delay tariffs on certain Chinese goods was made to help American consumers. But that contradicts Trump's claim that the Chinese would be paying the full price of his tariffs.

Also, Hayman Capital Management founder Kyle Bass told CNBC on Tuesday that it looks the president blinked to halt the stock market’s decline. The hedge fund manager said Beijing sees the tariff de-escalation as weakness.


[link to www.cnbc.com (secure)]
Anonymous Coward
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08/14/2019 01:44 PM
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Re: Trump caves on tariffs after Chins calls his bluff
Commerce Secretary Wilbur Ross says that the Trump admin's decision to delay tariffs on certain Chinese goods was made to help American consumers. But that contradicts Trump's claim that the Chinese would be paying the full price of his tariffs.

Also, Hayman Capital Management founder Kyle Bass told CNBC on Tuesday that it looks the president blinked to halt the stock market’s decline. The hedge fund manager said Beijing sees the tariff de-escalation as weakness.


[link to www.cnbc.com (secure)]
 Quoting: Anonymous Coward 57510991


Of course it's weakness. Now china seems to be winning the trade war.
Anonymous Coward
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08/14/2019 01:46 PM
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Re: Trump caves on tariffs after Chins calls his bluff
Commerce Secretary Wilbur Ross says that the Trump admin's decision to delay tariffs on certain Chinese goods was made to help American consumers. But that contradicts Trump's claim that the Chinese would be paying the full price of his tariffs.

Also, Hayman Capital Management founder Kyle Bass told CNBC on Tuesday that it looks the president blinked to halt the stock market’s decline. The hedge fund manager said Beijing sees the tariff de-escalation as weakness.


[link to www.cnbc.com (secure)]
 Quoting: Anonymous Coward 57510991


Yep, it did. For one day.
Anonymous Coward
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08/14/2019 02:11 PM
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Re: Trump caves on tariffs after Chins calls his bluff
Looks like Trump flip flopped.
 Quoting: Anonymous Coward 77913389


It’s more like Trump choked and rolled over. Tariffs were the only bargaining chip he had left. Now the Chinese see him as full of bluster and hot air but weak.

So now no deal will happen and we are still paying those tariffs. What’s the plan?
Anonymous Coward
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08/14/2019 02:27 PM
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Re: Trump caves on tariffs after Chins calls his bluff
Even a diehard Trumptard should be able to see by now that Trump is a liar and conman.
Anonymous Coward
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08/14/2019 02:28 PM
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Re: Trump caves on tariffs after Chins calls his bluff
Looks like Trump flip flopped.
 Quoting: Anonymous Coward 77913389


Again and again and again and again and again and again
Yew

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08/14/2019 02:28 PM
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Re: Trump caves on tariffs after Chins calls his bluff
He can’t pull the trigger.

President Trump delayed the new tariffs on a large batch of Chinese imports that were supposed to go into effect Sept. 1, and exempted some other Chinese imports altogether. The move deescalates Trump’s trade war with China, and amounts to a tacit acknowledgement by Trump that his tariffs might hurt American consumers too much.

Laptops, cellphones, gaming consoles, and other products imported from China won’t face a 10% tariff on Sept. 1, as expected. The Trump administration says the 10% tariffs on those products will go into effect on Dec. 15, instead. But the delay reveals an unwillingness by Trump to raise the cost of products many Americans find essential, suggesting he’s bluffing about ever imposing such a tariff.

Trump has now partially reversed himself on the 10% tariff, without any corresponding concession from China. In fact, China has toughened its stance recently, essentially calling Trump’s bluff. China has refused to fulfill its pledge to start buying more U.S. farm products, for instance. And it has allowed its currency to fall in value more than usual, which makes Chinese exports to other countries cheaper and boosts domestic sales. It’s possible China has decided to bear the pain of Trump’s trade war for the next 15 months and hope Trump loses the 2020 election.

That has left Trump, who fancies himself a master dealmaker, negotiating with himself.

Trump has now revealed his pain point: He’s unwilling to tax American consumers beyond a nominal level, or stomach the stock-market turmoil steep tariffs cause. This is the fundamental problem with tariffs as a tool to gain leverage in trade negotiations: To inflict pain on a trade partner, you have to hurt your own economy first, through higher taxes.

But one way out of the standoff is for Trump to lose. His hand is now weaker, though that might be good for the U.S. economy. If he called off more tariffs, it would be better still.


[link to finance.yahoo.com (secure)]
 Quoting: Anonymous Coward 72251204


lol he wants american consumers to not have to pay too much for stuff, so he's in the wrong?
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Anonymous Coward
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08/14/2019 02:29 PM
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Re: Trump caves on tariffs after Chins calls his bluff
Even a diehard Trumptard should be able to see by now that Trump is a liar and conman.
 Quoting: Anonymous Coward 77903114


They are supporting his and jarvanka amnesty and gun confiscion.

Trump 2020 cause fuck the Constitution!
Anonymous Coward
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08/14/2019 02:30 PM
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Re: Trump caves on tariffs after Chins calls his bluff
He can’t pull the trigger.

President Trump delayed the new tariffs on a large batch of Chinese imports that were supposed to go into effect Sept. 1, and exempted some other Chinese imports altogether. The move deescalates Trump’s trade war with China, and amounts to a tacit acknowledgement by Trump that his tariffs might hurt American consumers too much.

Laptops, cellphones, gaming consoles, and other products imported from China won’t face a 10% tariff on Sept. 1, as expected. The Trump administration says the 10% tariffs on those products will go into effect on Dec. 15, instead. But the delay reveals an unwillingness by Trump to raise the cost of products many Americans find essential, suggesting he’s bluffing about ever imposing such a tariff.

Trump has now partially reversed himself on the 10% tariff, without any corresponding concession from China. In fact, China has toughened its stance recently, essentially calling Trump’s bluff. China has refused to fulfill its pledge to start buying more U.S. farm products, for instance. And it has allowed its currency to fall in value more than usual, which makes Chinese exports to other countries cheaper and boosts domestic sales. It’s possible China has decided to bear the pain of Trump’s trade war for the next 15 months and hope Trump loses the 2020 election.

That has left Trump, who fancies himself a master dealmaker, negotiating with himself.

Trump has now revealed his pain point: He’s unwilling to tax American consumers beyond a nominal level, or stomach the stock-market turmoil steep tariffs cause. This is the fundamental problem with tariffs as a tool to gain leverage in trade negotiations: To inflict pain on a trade partner, you have to hurt your own economy first, through higher taxes.

But one way out of the standoff is for Trump to lose. His hand is now weaker, though that might be good for the U.S. economy. If he called off more tariffs, it would be better still.


[link to finance.yahoo.com (secure)]
 Quoting: Anonymous Coward 72251204


lol he wants american consumers to not have to pay too much for stuff, so he's in the wrong?
 Quoting: Yew


But remember...Trump said many times that China would be paying all the tariffs, not the consumer.
CUB4DK

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08/14/2019 02:31 PM

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Re: Trump caves on tariffs after Chins calls his bluff
He can’t pull the trigger.

President Trump delayed the new tariffs on a large batch of Chinese imports that were supposed to go into effect Sept. 1, and exempted some other Chinese imports altogether. The move deescalates Trump’s trade war with China, and amounts to a tacit acknowledgement by Trump that his tariffs might hurt American consumers too much.

Laptops, cellphones, gaming consoles, and other products imported from China won’t face a 10% tariff on Sept. 1, as expected. The Trump administration says the 10% tariffs on those products will go into effect on Dec. 15, instead. But the delay reveals an unwillingness by Trump to raise the cost of products many Americans find essential, suggesting he’s bluffing about ever imposing such a tariff.

Trump has now partially reversed himself on the 10% tariff, without any corresponding concession from China. In fact, China has toughened its stance recently, essentially calling Trump’s bluff. China has refused to fulfill its pledge to start buying more U.S. farm products, for instance. And it has allowed its currency to fall in value more than usual, which makes Chinese exports to other countries cheaper and boosts domestic sales. It’s possible China has decided to bear the pain of Trump’s trade war for the next 15 months and hope Trump loses the 2020 election.

That has left Trump, who fancies himself a master dealmaker, negotiating with himself.

Trump has now revealed his pain point: He’s unwilling to tax American consumers beyond a nominal level, or stomach the stock-market turmoil steep tariffs cause. This is the fundamental problem with tariffs as a tool to gain leverage in trade negotiations: To inflict pain on a trade partner, you have to hurt your own economy first, through higher taxes.

But one way out of the standoff is for Trump to lose. His hand is now weaker, though that might be good for the U.S. economy. If he called off more tariffs, it would be better still.


[link to finance.yahoo.com (secure)]
 Quoting: Anonymous Coward 72251204


Yahoo... laugh1
 Quoting: Vicious Deplorable dollop


Idol1bumproflstoner
CUB4DK
Anonymous Coward
User ID: 77913389
United States
08/14/2019 02:31 PM
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Re: Trump caves on tariffs after Chins calls his bluff
He can’t pull the trigger.

President Trump delayed the new tariffs on a large batch of Chinese imports that were supposed to go into effect Sept. 1, and exempted some other Chinese imports altogether. The move deescalates Trump’s trade war with China, and amounts to a tacit acknowledgement by Trump that his tariffs might hurt American consumers too much.

Laptops, cellphones, gaming consoles, and other products imported from China won’t face a 10% tariff on Sept. 1, as expected. The Trump administration says the 10% tariffs on those products will go into effect on Dec. 15, instead. But the delay reveals an unwillingness by Trump to raise the cost of products many Americans find essential, suggesting he’s bluffing about ever imposing such a tariff.

Trump has now partially reversed himself on the 10% tariff, without any corresponding concession from China. In fact, China has toughened its stance recently, essentially calling Trump’s bluff. China has refused to fulfill its pledge to start buying more U.S. farm products, for instance. And it has allowed its currency to fall in value more than usual, which makes Chinese exports to other countries cheaper and boosts domestic sales. It’s possible China has decided to bear the pain of Trump’s trade war for the next 15 months and hope Trump loses the 2020 election.

That has left Trump, who fancies himself a master dealmaker, negotiating with himself.

Trump has now revealed his pain point: He’s unwilling to tax American consumers beyond a nominal level, or stomach the stock-market turmoil steep tariffs cause. This is the fundamental problem with tariffs as a tool to gain leverage in trade negotiations: To inflict pain on a trade partner, you have to hurt your own economy first, through higher taxes.

But one way out of the standoff is for Trump to lose. His hand is now weaker, though that might be good for the U.S. economy. If he called off more tariffs, it would be better still.


[link to finance.yahoo.com (secure)]
 Quoting: Anonymous Coward 72251204


lol he wants american consumers to not have to pay too much for stuff, so he's in the wrong?
 Quoting: Yew


But remember...Trump said many times that China would be paying all the tariffs, not the consumer.
 Quoting: Anonymous Coward 72800994


I'm pretty sure that was a lie.
Icey

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08/14/2019 02:34 PM

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Re: Trump caves on tariffs after Chins calls his bluff
Yahoo is very fake news.
I am SNOWIE
Anonymous Coward
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08/14/2019 02:34 PM
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Re: Trump caves on tariffs after Chins calls his bluff
President Donald Trump told an Ohio audience Thursday that China is footing the bill for the massive tariffs he's slapped on foreign goods coming into the United States.

“Don’t let them tell you, the fact is — China devalues their currency, they pour money into their system. Because of that, you’re not paying for those tariffs. China’s paying for those tariffs,” the president said, hours after announcing the new set of tariffs on Chinese goods. “Until such time as there is a deal, we will be taxing the hell out of China.”

[link to www.nbcnews.com (secure)]

That’s a lie and by caving on tariffs to help consumers, he had admitted it was a lie.
Anonymous Coward
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08/14/2019 03:00 PM
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Re: Trump caves on tariffs after Chins calls his bluff
“Trade wars are good and easy to win”

—-Donald Trump March 2018
 Quoting: Anonymous Coward 71917868


so much winning
Anonymous Coward
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08/14/2019 07:29 PM
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Re: Trump caves on tariffs after Chins calls his bluff
Ok so he caved on the next round of tariffs on China.

What’s the plan now?
Anonymous Coward
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08/14/2019 10:21 PM
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Re: Trump caves on tariffs after Chins calls his bluff
Ok so he caved on the next round of tariffs on China.

What’s the plan now?
 Quoting: Anonymous Coward 70806774


Fire, fury and frankly power?

epiclol
Rosicrucian1
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08/14/2019 10:24 PM
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Re: Trump caves on tariffs after Chins calls his bluff
He can’t pull the trigger.

President Trump delayed the new tariffs on a large batch of Chinese imports that were supposed to go into effect Sept. 1, and exempted some other Chinese imports altogether. The move deescalates Trump’s trade war with China, and amounts to a tacit acknowledgement by Trump that his tariffs might hurt American consumers too much.

Laptops, cellphones, gaming consoles, and other products imported from China won’t face a 10% tariff on Sept. 1, as expected. The Trump administration says the 10% tariffs on those products will go into effect on Dec. 15, instead. But the delay reveals an unwillingness by Trump to raise the cost of products many Americans find essential, suggesting he’s bluffing about ever imposing such a tariff.

Trump has now partially reversed himself on the 10% tariff, without any corresponding concession from China. In fact, China has toughened its stance recently, essentially calling Trump’s bluff. China has refused to fulfill its pledge to start buying more U.S. farm products, for instance. And it has allowed its currency to fall in value more than usual, which makes Chinese exports to other countries cheaper and boosts domestic sales. It’s possible China has decided to bear the pain of Trump’s trade war for the next 15 months and hope Trump loses the 2020 election.

That has left Trump, who fancies himself a master dealmaker, negotiating with himself.

Trump has now revealed his pain point: He’s unwilling to tax American consumers beyond a nominal level, or stomach the stock-market turmoil steep tariffs cause. This is the fundamental problem with tariffs as a tool to gain leverage in trade negotiations: To inflict pain on a trade partner, you have to hurt your own economy first, through higher taxes.

But one way out of the standoff is for Trump to lose. His hand is now weaker, though that might be good for the U.S. economy. If he called off more tariffs, it would be better still.


[link to finance.yahoo.com (secure)]
 Quoting: Anonymous Coward 72251204


but the left don't want him to continue tariffs.. so they should be happy right?
Anonymous Coward
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08/14/2019 11:57 PM
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Re: Trump caves on tariffs after Chins calls his bluff
Trump is such a loser.
 Quoting: Anonymous Coward 32792608


Hes a fucking retard if you ask me. His whole persona is self fabricated and is falling apart, hes a broke dick con man, grifter, tax evader, draft dodge, and traitor. If Donald Trump doesn't go to prison then the rule of law is totally meaningless
Anonymous Coward
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08/15/2019 12:00 AM
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Re: Trump caves on tariffs after Chins calls his bluff
He can’t pull the trigger.

President Trump delayed the new tariffs on a large batch of Chinese imports that were supposed to go into effect Sept. 1, and exempted some other Chinese imports altogether. The move deescalates Trump’s trade war with China, and amounts to a tacit acknowledgement by Trump that his tariffs might hurt American consumers too much.

Laptops, cellphones, gaming consoles, and other products imported from China won’t face a 10% tariff on Sept. 1, as expected. The Trump administration says the 10% tariffs on those products will go into effect on Dec. 15, instead. But the delay reveals an unwillingness by Trump to raise the cost of products many Americans find essential, suggesting he’s bluffing about ever imposing such a tariff.

Trump has now partially reversed himself on the 10% tariff, without any corresponding concession from China. In fact, China has toughened its stance recently, essentially calling Trump’s bluff. China has refused to fulfill its pledge to start buying more U.S. farm products, for instance. And it has allowed its currency to fall in value more than usual, which makes Chinese exports to other countries cheaper and boosts domestic sales. It’s possible China has decided to bear the pain of Trump’s trade war for the next 15 months and hope Trump loses the 2020 election.

That has left Trump, who fancies himself a master dealmaker, negotiating with himself.

Trump has now revealed his pain point: He’s unwilling to tax American consumers beyond a nominal level, or stomach the stock-market turmoil steep tariffs cause. This is the fundamental problem with tariffs as a tool to gain leverage in trade negotiations: To inflict pain on a trade partner, you have to hurt your own economy first, through higher taxes.

But one way out of the standoff is for Trump to lose. His hand is now weaker, though that might be good for the U.S. economy. If he called off more tariffs, it would be better still.


[link to finance.yahoo.com (secure)]
 Quoting: Anonymous Coward 72251204


but the left don't want him to continue tariffs.. so they should be happy right?
 Quoting: Rosicrucian1 77892559


Oh so that's a good excuse. Trump caved on China tariffs to please the left?

1rof1
Anonymous Coward
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08/15/2019 12:03 AM
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Re: Trump caves on tariffs after Chins calls his bluff
Yahoo is very fake news.
 Quoting: Icey


bumpbumpbumpbump
Anonymous Coward
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08/15/2019 12:14 AM
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Re: Trump caves on tariffs after Chins calls his bluff
You don't win unless you let the other guy win, think about that.
Anonymous Coward
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08/15/2019 12:16 AM
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Re: Trump caves on tariffs after Chins calls his bluff
You don't win unless you let the other guy win, think about that.
 Quoting: Anonymous Coward 75539787


So by your logic, one must choke and cave in order to win?

If that's the case, we are enjoying constant winning.
Anonymous Coward
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08/15/2019 12:20 AM
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Re: Trump caves on tariffs after Chins calls his bluff
Yahoo is very fake news.
 Quoting: Icey


bumpbumpbumpbump
 Quoting: Anonymous Coward 49838646


I think we can all agree that Donald Trump did indeed cave and postpone all China tariffs. That's not "fake news".
Anonymous Coward
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08/15/2019 12:24 AM
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Re: Trump caves on tariffs after Chins calls his bluff
You don't win unless you let the other guy win, think about that.
 Quoting: Anonymous Coward 75539787


So by your logic, one must choke and cave in order to win?

If that's the case, we are enjoying constant winning.
 Quoting: Anonymous Coward 77921568


I hear the border wall is being built as we speak. But.........you will never see it cause Trump is building it out of super secret military stealth technology.
DeplorableOldMan

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08/15/2019 12:32 AM
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Re: Trump caves on tariffs after Chins calls his bluff
Share Blue talking points...

Yahoo? Really? You actually believe this propaganda bullshit is still working?
epiclol

Last Edited by DeplorableOldMan on 08/15/2019 12:33 AM
DeplorableOldMan
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08/15/2019 12:34 AM
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Re: Trump caves on tariffs after Chins calls his bluff
Share Blue talking points...

Yahoo? Really? You actually believe this propaganda bullshit is still working?
:epiclol
 Quoting: DeplorableOldMan


Nice try but Trump did in fact blink and postponed his next round of tariffs.





GLP