Trump: Relationship is Excellent. China Trade Deal is Done
- Thread starter Chase
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Trump says US tariffs will be set at 55%, China's at 10%
https://www.reuters.com/world/china/us-china-trade-talks-resume-second-day-2025-06-10/
https://www.reuters.com/world/china/us-china-trade-talks-resume-second-day-2025-06-10/
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It is a myth that prices in the USA skyrocket from the tariffs on China.
Anyway, it won't matter eventually as the manufacturing shifts out of China. Those jobseeking Tiong fresh grads can all go eat shit and die.
The China-U.S. London talks ended, the U.S. failed to make a deal, the U.S. Treasury Secretary left the meeting in anger, and Trump was also hurt.
Treasury Secretary Scott Bessent departed from London ahead of schedule to participate in congressional hearings. His early departure was met with varying interpretations, with some outlets suggesting it was done in a gesture of displeasure, while others viewed it as a routine return to Washington, albeit one that sparked curiosity among the media.
Treasury Secretary Scott Bessent departed from London ahead of schedule to participate in congressional hearings. His early departure was met with varying interpretations, with some outlets suggesting it was done in a gesture of displeasure, while others viewed it as a routine return to Washington, albeit one that sparked curiosity among the media.
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CCP lose. Trump wins. Yeah!
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This is a bad deal bcos the Chicons will just renege on the deal n the yanks have not pryed open chicons markets. For example.
Yank tech companies are still barred from Chinese markets. No google, FB etc but tik tok got access to yank markets.
FDI to chicons land still have to be JVs etc
Foreign Banks etc..no entry to chicons land...
Emission standards...chicons no need to comply
Etc....so basically Trump achieved nothing
Yank tech companies are still barred from Chinese markets. No google, FB etc but tik tok got access to yank markets.
FDI to chicons land still have to be JVs etc
Foreign Banks etc..no entry to chicons land...
Emission standards...chicons no need to comply
Etc....so basically Trump achieved nothing
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The truth is yet to be revealed. Just like Mexico is paying for the wall. LOL.
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Many many roti prata…
US President Donald Trump had initially suggested he would engage in talks with each partner but has moved away from that idea.PHOTO: DOUG MILLS/NYTIMES
UPDATED JUN 12, 2025, 10:04 AM
WASHINGTON – US President Donald Trump said he intended to send letters to trading partners in the next one to two weeks setting unilateral tariff rates, ahead of a July 9 deadline to reimpose higher duties on dozens of economies.
“We’re going to be sending letters out in about a week and a half, two weeks, to countries, telling them what the deal is,” Mr Trump told reporters on June 11 at the John F. Kennedy Centre for the Performing Arts in Washington where he was attending a performance.
“At a certain point, we’re just going to send letters out. And I think you understand that, saying this is the deal, you can take it or leave it,” he added.
It is unclear if Mr Trump will follow through with his pledge.
The President has often set two-week deadlines for actions, only for them to come later or not at all.
On May 16, Mr Trump said he would be setting tariff rates for US trading partners “over the next two to three weeks”.
In April, he announced higher tariffs on dozens of trading partners only to pause them for 90 days as markets swooned and investors feared the levies would spark a global downturn.
Yet despite the ongoing negotiations, the only trade framework the US has reached is with Britain, along with a tariff truce with China.
But even the truce with China was threatened after Washington and Beijing accused each other or reneging on the terms, leading to marathon talks earlier this week in London on how to implement their agreement.
Trump says again he will set unilateral tariffs in two weeks
US President Donald Trump had initially suggested he would engage in talks with each partner but has moved away from that idea.PHOTO: DOUG MILLS/NYTIMES
UPDATED JUN 12, 2025, 10:04 AM
WASHINGTON – US President Donald Trump said he intended to send letters to trading partners in the next one to two weeks setting unilateral tariff rates, ahead of a July 9 deadline to reimpose higher duties on dozens of economies.
“We’re going to be sending letters out in about a week and a half, two weeks, to countries, telling them what the deal is,” Mr Trump told reporters on June 11 at the John F. Kennedy Centre for the Performing Arts in Washington where he was attending a performance.
“At a certain point, we’re just going to send letters out. And I think you understand that, saying this is the deal, you can take it or leave it,” he added.
It is unclear if Mr Trump will follow through with his pledge.
The President has often set two-week deadlines for actions, only for them to come later or not at all.
On May 16, Mr Trump said he would be setting tariff rates for US trading partners “over the next two to three weeks”.
In April, he announced higher tariffs on dozens of trading partners only to pause them for 90 days as markets swooned and investors feared the levies would spark a global downturn.
Yet despite the ongoing negotiations, the only trade framework the US has reached is with Britain, along with a tariff truce with China.
But even the truce with China was threatened after Washington and Beijing accused each other or reneging on the terms, leading to marathon talks earlier this week in London on how to implement their agreement.
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Art of Making Roti PrataIt's the art of the diu. Hope the Tiongs enjoy the net 45% tariff. Even more so since they export so much crap to the USA.
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