Tariffs

So the new Trump/China deal... Educate me please. How was this a win? Resetting the tariffs back the way they were for 90 days. So far China hasn't had to budge a bit
Chyna. 30% on US imports.
US. 10% on Chyna imports.
 
So the new Trump/China deal... Educate me please. How was this a win? Resetting the tariffs back the way they were for 90 days. So far China hasn't had to budge a bit

Just buying time to see if the two sides can make an actual deal. In the meantime, the manufacturing will ramp up and shipping will resume to keeping the ports busy for probably 60 of those 90 days. I would not be surprised if the pause gets extended beyond the 90 days.
 
All I know is my 401k is back to pre-tariff numbers. Thank you baby Jesus.
 
There are two trillion dollars back in the stock market today. I'd say the first hundred days have been pretty good for investors. I feel like Trump threw everyone a bone.

It's totally dependent on how they reacted, of course. I should say the smart people made some money anyway.
 
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