Trump announces 90-day pause on 'reciprocal' tariffs with exception of China

https://www.cnn.com/2025/04/09/business/reciprocal-tariff-pause-trump/index.html

by vinnyglennon • 1 year ago

39 22 1 year ago

The uncertainty is the real problem. Not the tariffs. Tariffs this week. None next week.

Not to mention the cronyism - we all can’t fly to Mar A Lago to get exceptions for our businesses in exchange for favors.

JohnFen• 1 year ago

The tariffs are a really huge problem. That said, you're right that the uncertainty is an even larger problem. I don't think that the administration could do a better job of harming the US, US interests, and the world if it tried.

thiht• 1 year ago

The tariffs are as big a problem as the uncertainty. Not sure why you would think the tariffs are not.

IdealeZahlen• 1 year ago

So the 90-day tariff pause "fake news" wasn't fake after all...?

pera• 1 year ago

Dump and pump... Trump friends must be making a fortune

alabastervlog• 1 year ago

I truly wondered last Tuesday if he was only getting more "serious" because the market had stopped responding to his announce-a-planned-tariff-one-day-then-reverse-it-the-next strategy, so it was no longer useful, and he'd need to string them along far longer to make it work at least one more time.

wraaath2• 1 year ago

All of this ONLY after

https://www.reuters.com/world/us/us-sec-see-exodus-hundreds-...

Eyes wide shut as they loot.

wraaath2• 1 year ago

Some potential insider antics:

https://x.com/unusual_whales/status/1910167321878163815

legitster• 1 year ago

Oh man we get to look forward to these shenanigans for a long time to come, huh?

kioku• 1 year ago

Geopolitical reality TV at its finest.

leosanchez• 1 year ago

Kids these days call it "Absolute Cinema".

tenwz1• 1 year ago

If the U.S. suspends tariffs on other countries, China can engage in re-export trade, which would effectively equate to suspending tariffs on China. It's only a matter of time before this loophole is exposed.Trump has backed down.

ceejayoz• 1 year ago

This was also possible with the existing 10% baseline.

It'd probably be a good way to get the middleman country punished, if attempted in any significant volume.

mytailorisrich• 1 year ago

Apparently re-export of Chinese goods accounts for 10-15% of Vietnamese exports to the US. Let's see if that surges or if Vietnamese authorities are cautious (re-export was one of the justifications to "punish" Vietnam with high tariffs).

ty6853• 1 year ago

That doesn't matter. The loophole is known, possibly even desirable, the point is to save face.

ironyman• 1 year ago

Again, this is Navarro's doing. All other tariffs are negotiable (behind close doors and hand-kissing Trump), except China's. Tariffing only China doesn’t work because people bypass the tariffs through an intermediary country otherwise. At least that's what he thinks.

busyant• 1 year ago

What a shame. And I was just about to start building my cutting edge 0.5 nm chip factory in Omaha tomorrow. I guess I can wait another 90 days ...

WorldPeas• 1 year ago

let's hope this time someone told him that Taiwan is not part of China..

kowabungalow• 1 year ago

The President of the US believing it wasn't was never sufficient to make it independent, but what is the opposing force if the President of the US believes it is part of China?

Whether he is an actual idiot or a selfish asshat (if those are even independent properties), China's calculus is influenced by the benefit of the US treating Taiwan as part of it.

ytpete• 1 year ago

Larger discussion here: https://news.ycombinator.com/item?id=43634806

ChrisArchitect• 1 year ago

More discussion: https://news.ycombinator.com/item?id=43634806

Trump announces 90-day pause on 'reciprocal' tariffs with exception of China

Related Stories