Friday, May 09, 2025

Trump Team Seeks Tariff Cuts, Rare Earths Relief in China Talks

The Trump administration is weighing a dramatic tariff reduction during weekend talks with China ...

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Good morning, America. This was our most read story while you were sleeping. asia.nikkei.com/Business/Auto ...

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-- Nikkei Asia (Official) (@asia.nikkei.com) May 6, 2025 at 8:17 AM

Comments

Stinky's blinking again.

#1 | Posted by reinheitsgebot at 2025-05-09 09:54 AM

Krasnov Fats posts all-caps plea to China in early morning hours

www.rawstory.com

#2 | Posted by reinheitsgebot at 2025-05-09 10:14 AM

"The Trump administration is weighing a dramatic tariff reduction"

Flip. Flop.

#3 | Posted by snoofy at 2025-05-09 10:18 AM

The ----- of the Deal rides again.

Xi stood up to the bully and -----nado is backing down.

#4 | Posted by Nixon at 2025-05-09 10:30 AM

Meanwhile, Xi is in Moscow watching the Victory Parade with Putin.

#5 | Posted by REDIAL at 2025-05-09 10:51 AM

"Trump, in a major concession, says the tariff on China should be 80% -- but will leave it up to Bessent"
www.cnn.com

The Bitch President can't even take responsibility for his own tariffs!
He has to have his Stepin Fetchit boy Bessent take the blame.

#6 | Posted by snoofy at 2025-05-09 11:13 AM

"Trump, in a major concession, says the tariff on China should be 80% -- but will leave it up to Bessent"

This is exactly why NO BUSINESSES will move onshore.

One week it is 145%, next week it is 80%, a week later it may be 0%.

No business is going to spend hundreds of millions to move back to the US because he is a petulant toddler that governs by whims and fancies.

#7 | Posted by Nixon at 2025-05-09 12:23 PM

This is exactly why NO BUSINESSES will move onshore.
One week it is 145%, next week it is 80%, a week later it may be 0%.

^
Bingo.

#8 | Posted by snoofy at 2025-05-09 12:25 PM

DID SOMEONE SAY 'RARE EARTH ? "

I debated a flat earther once.

he stormed off saying he'd walk to the edge of the earth

to prove me wrong.

I'm sure he'll come around eventually.

#9 | Posted by shrimptacodan at 2025-05-09 06:24 PM

Can't wait until the righties try to spin this as a win...

#10 | Posted by jpw at 2025-05-09 07:13 PM

Can't wait until the righties try to spin this as a win...

I'm sure Grok has the definitive answer.

#11 | Posted by REDIAL at 2025-05-09 07:16 PM

I'm sure Grok has the definitive answer.

#11 | Posted by REDIAL

Even grok says trump is a russian asset

#12 | Posted by SpeakSoftly at 2025-05-09 07:43 PM

@#7 ... This is exactly why NO BUSINESSES will move onshore. ...

Yup, for all the reasons your comment states.

Plus one more your comment implies but does not overtly state ...

For a business to move a factory back to the US and employ US workers, well, that's a three to five year commitment. In addition to the cost you cite.

So, what company is going to commit to such a long-term commitment when Pres Trump's trade policies seem to change from week to week?

And now, it seems that Pres Trump (looking quite tired in his Oval Office media appearances of late) seems to be retreating from his "I won't back down" position ahead of the talks wih China this weekend?


Tom Petty And The Heartbreakers - I Won't Back Down (1989)
www.youtube.com

Lyrics excerpt ...

genius.com

...
Well, I won't back down
No, I won't back down
You can stand me up at the gates of Hell
But I won't back down
No, I'll stand my ground
Won't be turned around
And I'll keep this world from draggin' me down
Gonna stand my ground
And I won't back down
...

Then there's this from that genius.com link...

... "I Won't Back Down" was inspired by a devastating 1987 incident where an arsonist set fire to Tom Petty's California home on his wife's birthday while his family was eating breakfast:

It really frightened me. They didn't just try to kill me, they tried to wipe out my whole family.
...


But, that aside, Pres Trump did look to back down in his manufactured stand-off with China. Apparently giving in to China's request for him to lower tariffs before talks could begin.


#13 | Posted by LampLighter at 2025-05-09 07:48 PM

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