The Mother of All Bailouts

11 Replies to “The Mother of All Bailouts”

1. And Trump is panicking so much that he admitted today that the tariffs on China are too high and he’s going to lower them.

   1. Go away, you friggin’ Trump hating idiot. You’ll find no friends here.

   2. Sounds like there are discussions going on that you have no idea about. It’s always amusing when low intellects like you think you have a clue what is really going on.

   3. Either,
      a) your reading comprehension is for shit
      b) your terminal, end-stage, TDS has destroyed your brain

      WASHINGTON ― President Donald Trump said the 145% tariffs he imposed on Chinese imports will eventually “come down substantially” as he expressed optimism about future talks to reach a U.S.-China trade deal.

      “We’re going to be very nice, they’re going to be very nice, and we’ll see what happens,” Trump told reporters when asked whether he planned to play “hardball” with Beijing and bring up the origins of the COVID-19 virus in negotiations.

      “But ultimately,” he added, “they have to make a deal because otherwise they’re not going to be able to deal in the United States.So we want them involved, but they have to ‒ and other countries have to ‒ make a deal, and if they don’t make a deal, we’ll set the deal.”

      The TDS narrative is that “Trump is out of control” … “Trump is lowerering/delaying/backing off his tariffs”. No he’s NOT. Trump is fixing a problem that could-have, would-have been an existential threat to America.

2. sooooo it seems the leading communist nation in the world, is learning lots and lots about the goings on in a free market.
   it was said the russians knew how to play the commodities mkt when buying wheat.
   funny that, just more of ‘do as l say not as l do’ lots of THAT all over the political spectrum.

3. Trump often fails to read the room, and in the case of tariffs he’s misreading it badly. Hence today’s flip flop.

   https://ca.finance.yahoo.com/news/trump-tariffs-live-updates-white-house-considers-slashing-china-tariffs-after-trump-hints-at-deescalation-191201476.html

   “The White House is reportedly considering slashing tariffs on Chinese imports from a baseline rate of 145% to 50%-65%, a senior White House official told the Wall Street Journal.”

   President Trump hinted at a trade-war deescalation with China on Tuesday, saying of the tariff levels: “145% is too high. It will come down substantially.”

   Openly showing your hand prior to negotiations even beginning is an odd tactic. The reality is that he’s doing this because the financial markets don’t like his trade policies.

4. China has returned a couple brand new Boeing jets to the US. More are on the way. They have canceled all orders. This hurts and gets the US attention.

5. This is a good take from Arnaud Bertrand, a French businessman living in China:

   “If this gets confirmed and Trump indeed folds, this will be seen as one of those seminal events that confirm, beyond all the propaganda, a fundamental rebalancing of power between China and the US, and an end to the era of US economic dominance.

   Factually speaking, the US launched an extraordinary attack on China’s economy, as according to Trump and others around him the tariffs were largely about a “grand encirclement” plan of China (Bessent’s characterization: https://bloomberg.com/news/newsletters/2025-04-12/bessent-has-a-grand-encirclement-plan-for-china-bloomberg-new-economy).

   But China didn’t get intimidated and responded in kind, and 21 days after not a single country – not one – made a “deal” with the US against China, or even signaled their intention to do so.

   Quite the contrary, many countries publicly stated their intention to get closer to China as a result and to derisk from the US.

   Furthermore, as we all know, the US lost trillions of dollars in its stock market, saw the cost of its debt soar like rarely before and the value of its currency crash. And I’m not even speaking about the thousands and thousands of companies and individuals in the US complaining about how the tariffs are already affecting them negatively.

   The impact on China’s side was much less pronounced: the CSI 300 Index is virtually unchanged, and so is the cost of China’s debt, standing at 1.67% for their 10Y bonds vs 4.4% for US 10Y bonds.

   Due to the tariffs, the IMF just predicted a reduction of only 0.5% in China’s GDP growth (down to 4%) vs a loss of 0.9% for the US’s GDP (down to 1.8%), meaning that China would keep growing at more than twice the rate of the U.S. despite the tariffs, and would be much less affected by them than the U.S.

   In short, when Trump undoubtedly attempted to showcase America’s might, he’s only achieved a brilliant demonstration of its impotence and, by contrast, highlighted China’s diplomatic and economic adeptness.

   Basically, we’re in a new world where America simply cannot bully its way around anymore: when they do so, they end up hurting themselves first and foremost.”

   https://x.com/RnaudBertrand/status/1915055314325639289

   1. Didn’t Vietnam strike a deal within a few days of the tariffs starting?

      1. Yes they did. Unfortunately for the US the deals they signed were with China:

         “Chinese President Xi Jinping this week signed nearly four dozen deals with Vietnamese leader To Lam in what some believe is a move to skirt soaring U.S. tariffs.

         President Donald Trump condemned their partnership as an attempt by the two Asian leaders to find a way to “screw” the U.S.

         “I don’t blame China, I don’t blame Vietnam,” Trump told reporters on Monday. “That’s a lovely meeting. They’re meeting, like, trying to figure out, ‘How do we screw the United States of America?’”

         https://www.foxbusiness.com/fox-news-world/chinas-xi-inks-vietnam-deals-tariff-war-deepens-trump-says-theyre-trying-screw-us

6. I’m on my side in this.
   Especially when my retirement saving is getting reamed like GYM as an altar boy.

   Both countries have huge impacts on the world economy.
   Trump was trying to play the long game in weeks/months.
   Its expensive to move production facilities.
   He’d have been much better off moving in increments.
   But he has effected some positive changes that will see fruit later.

   I don’t believe the Chicoms have won anything, but they play the long game in everything except when they’re stealing patents and intellectual property.
   Their end game is world rule, the establishment of their “race” as masters, no different than the real NAZI’s.

   In a just world, all Chicom lovers would be double-tapped.