As President Donald Trump's administration announced a cooling in the tariff trade war with China, critics were quick to pile on.
Stocks surged around the world after U.S. and Chinese officials said they agreed to temporarily suspend most of the tariffs they have imposed on each other.[image or embed]
" The New York Times (@nytimes.com) May 12, 2025 at 5:50 AM
according to President Donald Trump.
#53 | Posted by boaz
You'll eat anything that comes out of him.
The perception of the U.S.-China trade deal as a "win" for Trump or a concession to China depends on the perspective and source:
- U.S. Government and Trump's Framing: The White House and President Trump are portraying the agreement as a historic win for the United States. The administration highlights the reduction of Chinese tariffs, the elimination of retaliatory measures, and a path toward increased market access for American exports as evidence of a successful negotiation that benefits U.S. businesses and workers[5].
- Chinese Perspective: In China, state media and the public see the deal as a victory for Beijing. Chinese commentators emphasize that their firm stance resulted in the U.S. rolling back steep tariffs (from 145% to 30%) while China made minimal concessions, mostly retracting retaliatory tariffs. Chinese social media is celebrating the outcome as evidence that China did not yield to U.S. pressure[1].
- Independent and Market Analysis: U.S. and international analysts note that the Trump administration retreated from its highest tariffs, which were causing economic strain domestically. The deal is viewed as a pragmatic pause to avoid further economic pain rather than a clear-cut win for either side. Some experts argue this is more of a tactical retreat by the U.S., as the administration had previously insisted tariffs would not be reduced without substantial Chinese concessions, which have not fully materialized[2][3].
- Wall Street Reaction: Markets responded positively, with stocks rallying on the news, as the agreement reduces the risk of a recession and restores trade flows, at least temporarily. However, the underlying issues in the U.S.-China trade relationship remain unresolved, and the deal is seen as a temporary measure rather than a definitive victory[4].
While the Trump administration claims a win, Chinese officials and much of the independent analysis suggest the U.S. made significant concessions to de-escalate the trade war. The agreement is best described as a mutual de-escalation that both sides are spinning as a victory, but with China widely seen as having secured favorable terms with minimal concessions[1][2][3][5].
Citations:
[1] www.cnbc.com
[2] www.nytimes.com
[3] www.reuters.com
[4] www.investors.com
[5] www.whitehouse.gov
[6] www.foxbusiness.com
[7] www.usatoday.com
[8] www.bbc.com
[9] www.youtube.com
[10] www.barrons.com
The end of the de minimis exemption strengthens the argument that Trump is taking a hard line on China, not caving. However, the economic pain will be felt by American consumers, not Chinese exporters, which complicates claims of a clear "win." The trade deal's failure to restore the exemption means the U.S. is not backing down on this front, even as it negotiates on others. This move is being spun as a victory by the Trump administration, but it comes with significant costs for U.S. shoppers and small businesses.
Citations:
[1] www.reuters.com
[2] www.avalara.com
[3] www.reuters.com
[4] www.cnbc.com
[5] www.whitehouse.gov
[6] www.reuters.com
[7] www.cbsnews.com
[8] www.pbs.org
[9] www.vatcalc.com
[10] www.strtrade.com
"The companies in China were moving to India. Not America."
You only know that because I told you. However, this is mainly just low end electronics assembly. The US is reshoring whole industries.
You can check this link to see how wrong you are: www.industryselect.com
"You're a propagandist.
#168 | Posted by ClownShack"
Seems you are upset that Globo-Homo is getting rejected by the USA as the country turns sane again.
Lastly, Chinese manufacturers shuttered their factories BECAUSE THERE IS NO REAL DEMAND OUTSIDE OF THE USA.
#180 | Posted by ScottS
Chinese exports to countries other than the US are up 27%.
www.cnbc.com
But do tell us more, you genius econ expert!
"Chinese exports to countries other than the US are up 27%.
www.cnbc.com
#184 | Posted by Sycophant"
As they attempt to do transshipments to avoid tariffs - meanwhile, the economy is crashing. Factory activity the lowest since covid lockdown (www.cnbc.com)
Meanwhile - as a gauge of economic health - exports to the EU were up 8% but imports from the EU fell 16% - in effect, the one getting crushed in the trade is Europe along with China.
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