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#tariffs

3K posts1.5K participants88 posts today

It would be one thing if there was some rationale to the administration's tariffs, but there is none, lipservice notwithstanding. They are made up — and based on a wrong formula. They reflect trump's megalomania & grudges. It is useless to try to explain them any other way. There is no trade policy, no manufacturing policy, no sound or proven economic plan behind them.

What now? No one knows — including trump.
apnews.com/article/stocks-mark
h/t @raymondpert
mastodon.cloud/@raymondpert/11 #TradeWar #tariffs

Asia markets index of Japan, South Korea and Australia is seen on a screen as a currency trader works at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, April 9, 2025. (AP Photo/Ahn Young-joon)
AP News · Asian shares deepen losses after another Wall St retreat as tariffs due to take effectBy Elaine Kurtenbach

#DonaldTrump #Tariffs

It's worth noting that #China supplies approximately 95% of all intermediate inputs for American industrial sectors, highlighting the deep integration of the two economies. This level of interdependence presents significant challenges for any efforts aimed at decoupling.

> Globalisation is a far, far bigger deal than you think
edconway.substack.com/p/global #economy #US #TradeWar #globalisation #supplychain #trade
@fenixmaster

#USpol #China #tariffs

"China Just Turned Off U.S. Supplies Of Minerals Critical For Defense & Cleantech"

"The materials China just restricted aren’t random. They’re chosen with the precision of someone who’s read U.S. product spec sheets and defense procurement orders."

cleantechnica.com/2025/04/05/c

If even half of this is true, I wonder if we could get some CEOs but also Pentagon folks on the record to assess the impact of China's move.

CleanTechnica · China Just Turned Off U.S. Supplies Of Minerals Critical For Defense & Cleantech - CleanTechnicaIn response to new Trump tariffs, China cut dysprosium, terbium, and tungsten exports—hitting U.S. EVs, wind, and military systems hard.

Asian shares deepen losses, with Tokyo's Nikkei down 5%, as latest US #tariffs take effect

> Japan’s Nikkei 225 dipped more than 5% and other Asian shares also sank Wednesday as the latest set of #US tariffs, including a massive 104% levy on Chinese imports, took effect.

> Markets have been wobbly for days, with investors flummoxed over what to make of President #DonaldTrump’s #TradeWar
apnews.com/article/stocks-mark

Asia markets index of Japan, South Korea and Australia is seen on a screen as a currency trader works at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, April 9, 2025. (AP Photo/Ahn Young-joon)
AP News · Asian shares deepen losses after another Wall St retreat as tariffs due to take effectBy Elaine Kurtenbach

President Donald Trump's "reciprocal" tariffs on dozens of countries took effect on Wednesday, including massive 104% duties on Chinese goods, deepening his global trade war even as he prepared for negotiations with some nations. Trump's punishing tariffs have shaken a global trading order that has persisted for decades, raised fears of recession and sent stock markets around the world reeling. #us #usa #news #minimarketonlineltd #America #SaveAmerica #trump #donaldtrump #Tariffs #China