The deals are happening it seems, as fast a possible, without China. China will also come around. Tonight's (for us) defense of the Yuan will be interesting. I won't stay up as late as I did last night though.
I actually find it fascinating!
Butt hurt memes.
Maybe, you did explain the reasoning for these moves (from your perspective) on the other thread. Thanks for that.
Bessent, who I consider to be something of a genius, recently said the he is a glorified bonds salesman. I think he has it handled.
To be fair, under the normal diplomatic system, trump would have been lucky if eu or China had defined their negotiating position, and team, by year 3. In other words, they would try to time him out, whilst being as polite as possible. Such is international business.
Exactly right. Basically nothing would have happened.
No one wants anyone hurt.
I don't mind if they hurt, but I really don't want China to collapse, which is a very real possibility. Too much chaos. But the economy needs to rebalance.
That's the thing, wasnt the reason why Thialand and specially Vietnam hammered, because they are another route for China to circumvent trade with the US? And now they paused it for everyone, so all that means nothing. So basically, the Chinese goods will go as normal while American exports to China gets hit.
That only works if hopefully that was the lesson learned, instead of, the American admin right now cant make a decision that last more than a week.
Well, I dunno. But the transhipping/De Minimis changes have been coming for like a year?
Yeah, this is the only way this could happen. Trump isn't Emperor for life. He has maybe 2 years to reorder global trade. So far, it's worked out great. Think about it. Trump/Bessent/et. al, got the stock market to not only accept 10% across the board tariffs with 125% on China, (so far), but accept them as a saving grace.
