April 2nd - Tariff & Liberation Day

[flameproof]

The talks in CH sound to me like a setup. China is in a way stronger position. The USA is confused about what they actually want. Can't see why China would negotiate anything.

But start to feel a bit sad about US farmers. They lost their massive soybean export to Brazil - and it's unlikely to ever shift back to the US.

What a clown show.

Luckily the UK has now access the chloride chicken.

https://youtu.be/GNlZi3nJPUI?si=6Z0CtqGcsQ-FF9Zh&t=326

[chobochobo]

The 10% tariff is still largely in place. Meaning that unless exporters eat this, Americans will be paying more for their haggis and Wensleydale. But it's okay because the working class American doesn' t need to pay any extra for their Rolls Royce or Aston Martins.

[chobochobo]

Well, if Tango thought a cut to 80% tariffs was good enough, then...

The news outlets (well, at least BBC and NYT) didn't report an early exit.

[shri]

The news outlets (well, at least BBC and NYT) didn't report an early exit.

https://x.com/chenweihua/status/1921178605553389719

[East_coast]

The 10% tariff is still largely in place. Meaning that unless exporters eat this, Americans will be paying more for their haggis and Wensleydale. But it's okay because the working class American doesn' t need to pay any extra for their Rolls Royce or Aston Martins.

The UK agreed to continue to buy US assembled aircraft and have a unilateral 10% tariff on their products with a few carve outs that US aircraft manufacturing need. The US can export food producst to the UK so long as they meet the 'safer' UK food reguations (they don't). This seems a pointless and worse than before arrangement for both countries.

[newhkpr]

https://x.com/chenweihua/status/1921178605553389719

That is because they "walked out" only to get a succulent Chinese meaaaal...

https://x.com/schwartzbWSJ/status/19...iYIDq1kQuuTbBw

https://www.youtube.com/watch?v=XebF2cgmFmU

[chobochobo]

https://www.bbc.com/news/articles/cn053edex5eo

If it's anything like the US-UK deal, then it's a total bust.

[newhkpr]

https://www.bbc.com/news/articles/cn053edex5eo

If it's anything like the US-UK deal, then it's a total bust.

There won't be any 'better' deals with the fascists. It's an utter f waste of anyone's time anyway as he won't adhere to any deal he agreed to anyway. (see NAFTA/USMCA)

[shri]

Futures are up sharply.. looks like the general in principle tariff suspension has lifted the markets up.

No specifics yet.

[chobochobo]

The markets drop their panties at the first whiff of methanol laced drinks.