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🇨🇳🇺🇲 China announces it’s raising its tariffs against the U.S. from 84% to 125% starting tomorrow.
At the same time, Beijing announced that it intends to ignore further tariff increases by the United States, stating that it is simply not beneficial for the Chinese market to purchase American goods at such rates.
At the same time, Beijing announced that it intends to ignore further tariff increases by the United States, stating that it is simply not beneficial for the Chinese market to purchase American goods at such rates.
President Macron announced the possible recognition of the Palestinian state in the coming months.
“I’m doing this… because I believe that at some point it will be the right thing to do, and also because I want to take part in a collective dynamic that should also allow everyone who supports Palestine to, in turn, recognize Israel — which many of them do not,” Macron continued.
By Euronews
“I’m doing this… because I believe that at some point it will be the right thing to do, and also because I want to take part in a collective dynamic that should also allow everyone who supports Palestine to, in turn, recognize Israel — which many of them do not,” Macron continued.
By Euronews
Trump is betting that short-term pain is worth the long-term gain a complete restructuring of global trade in favor of the U.S. But if it fails, the U.S. risks economic weakening, loss of global leadership, and the rise of competitors like China. Let’s see how it turns out.
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Alexander C. Kaufman
@kaufman·14 hours ago
This is the most succinct and balanced explanation of Trump’s chaotic tariff plan I have yet seen.
https://youtu.be/1ts5wJ6OfzA?si=XpyWQVRbwz_LAvuQ
https://youtu.be/1ts5wJ6OfzA?si=XpyWQVRbwz_LAvuQ
An attempt at explaining what countries have tarrifs is indeed a noble endeavor
https://www.theverge.com/politics/646604/trump-tariffs-reciprocal-pause-canada-mexico-china-de-minimis
https://www.theverge.com/politics/646604/trump-tariffs-reciprocal-pause-canada-mexico-china-de-minimis
The shift in global public opinion toward American brands and companies compared to the period before Trump’s return to the White House...
The wealthy who actually find Trump’s tariff game and the resulting drop in stock market prices... quite appealing!
A tweet that the official account of the Trump administration's immigration office has now deleted... contained a very alarming and deeply concerning point.
Hard to overstate how badly Douglas Murray comes off in that Joe Rogan debate.
I don’t particularly agree or disagree with him on Israel/Palestine.
But he’s so bad at arguing, so pompous, arrogant, with constant non-sequiturs, appealing to experts, acting exasperated while in the middle of completely misunderstanding somebody else’s point, I don’t even care what he’s saying.
I will never listen to anything he says again, he absolutely wasted his chance to actually make his argument on its merit
I don’t particularly agree or disagree with him on Israel/Palestine.
But he’s so bad at arguing, so pompous, arrogant, with constant non-sequiturs, appealing to experts, acting exasperated while in the middle of completely misunderstanding somebody else’s point, I don’t even care what he’s saying.
I will never listen to anything he says again, he absolutely wasted his chance to actually make his argument on its merit
Yield Bearing Dollars are dead.
Art of the deal.
495139
Unusual Whales
@unusualwhales·10 hours ago
BREAKING: US 10Y rises to 4.48%, the largest single weekly increase since 2001.
U.S. 30-year treasury yields rise to 4.95%, weekly increase is biggest since 1982.
U.S. 30-year treasury yields rise to 4.95%, weekly increase is biggest since 1982.
Trust is the basis of markets. The enormous privileges the US has enjoyed since the death of the gold standard is officially dead and it ain’t coming back. The interest we will begin paying on the debt will go parabolic. It all backfired.
Art of the deal.
Art of the deal.
The European Union and China are now starting negotiations to abolish EU tariffs on Chinese electric vehicles.
You'll notice there's a deafening silence on the online right since this news came out.. they're still waiting for their marching orders from Trump. Maga has one of the most coordinated online messaging of any political movement.
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Alex
@asenderling.eth·13 hours ago
Supreme Court rules the admin must facilitate the return of Abrego-Garcia, the man they admit they sent to the gulag in El Salvador in error and yet fought to not return. Thank God.
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Mike
@mikeabundo·11 hours ago
Trump delaying tariffs to avoid stressing the bond market suggests his bravado operates within strategic limits.
That’s great news for the world.
That’s great news for the world.
I don’t know who needs to hear this but ~30% of the products for sale in Home Depot are from China
Every one of us has the power to help change the world. Incremental change leads to exponential results.
Also today is a day I don’t hate the supreme court
would anyone have an issue with that? proof of citizenship required to vote but government gives all citizens an ID free of charge for that purpose
suspend disbelief of the logistics for a moment
suspend disbelief of the logistics for a moment
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Bitfloorsghost
@bitfloorsghost.eth·12 hours ago
def and so i guess that means we cant have drivers licenses as these
really its simple tho
government hands everyone a voter ID card when this law takes effect, done
really its simple tho
government hands everyone a voter ID card when this law takes effect, done
Supreme Court rules the admin must facilitate the return of Abrego-Garcia, the man they admit they sent to the gulag in El Salvador in error and yet fought to not return. Thank God.
1015455
Alexander C. Kaufman
@kaufman·14 hours ago
This is the most succinct and balanced explanation of Trump’s chaotic tariff plan I have yet seen.
https://youtu.be/1ts5wJ6OfzA?si=XpyWQVRbwz_LAvuQ
https://youtu.be/1ts5wJ6OfzA?si=XpyWQVRbwz_LAvuQ
They're just upset they were left out of the intel and couldn't do insider trading themselves.
https://www.huffpost.com/entry/democrats-trump-tariffs-market-manipulation_n_67f6f18ce4b0212bce86822e?hdv
https://www.huffpost.com/entry/democrats-trump-tariffs-market-manipulation_n_67f6f18ce4b0212bce86822e?hdv
President Donald Trump this week upended not just his tariff strategy but his trade team
Former hedge fund manager and Treasury Secretary Scott Bessent — the White House’s main conduit to beleaguered financial markets — is now at the helm, with populist Peter Navarro relegated to the sidelines and Wall Street punching bag Howard Lutnick recast into the role of “bad cop,” according to three people close to the White House, granted anonymity to speak frankly about internal dynamics.
https://www.politico.com/news/2025/04/10/bessent-trade-lutnick-navarro-shakeup-00284597
Former hedge fund manager and Treasury Secretary Scott Bessent — the White House’s main conduit to beleaguered financial markets — is now at the helm, with populist Peter Navarro relegated to the sidelines and Wall Street punching bag Howard Lutnick recast into the role of “bad cop,” according to three people close to the White House, granted anonymity to speak frankly about internal dynamics.
https://www.politico.com/news/2025/04/10/bessent-trade-lutnick-navarro-shakeup-00284597
smart because now they will be knowingly breaking other laws if they don’t
https://x.com/breaking911/status/1910441065355661431?s=46&t=cvL_H_NZ56jlMb21pzo2hQ
https://x.com/breaking911/status/1910441065355661431?s=46&t=cvL_H_NZ56jlMb21pzo2hQ
When King Trump orders something done he doesn't want any comments
https://newrepublic.com/post/193852/donald-trump-dangerous-rule-change-executive-order
https://newrepublic.com/post/193852/donald-trump-dangerous-rule-change-executive-order
"It reflects evaporating US growth exceptionalism and the reduced attraction at the margin of dollar assets for reserve purposes amid erratic US decision-making"
a lot of fancy words to say "crashout"
even the tradfi ppl with pencil-drawing PFPs see it
a lot of fancy words to say "crashout"
even the tradfi ppl with pencil-drawing PFPs see it
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kenny 🎩
@kenny·14:51 03/04/2025
the US dollar dev team is crashing out and you're bearish crypto?
It's too bad that Trump 2.0 appointees that recognize how ridiculous January 6 was are NGMI in the current administration.
https://wapo.st/3G55Z4i
https://wapo.st/3G55Z4i
Okay, I’m a bit confused. Are tariffs good and necessary for American workers or just a negotiation tactic to achieve free trade?
“Federalist No. 47”: “The accumulation of all powers, legislative, executive, and judiciary in the same hands … may justly be pronounced the very definition of tyranny.”
This is an interesting article from the Atlantic. https://www.theatlantic.com/politics/archive/2025/04/dictatorships-trump-republicans/682387/?utm_source=copy-link&utm_medium=social&utm_campaign=share
This is an interesting article from the Atlantic. https://www.theatlantic.com/politics/archive/2025/04/dictatorships-trump-republicans/682387/?utm_source=copy-link&utm_medium=social&utm_campaign=share
Trump said that if China invades Taiwan, it will face a 100% tariff. But the U.S. has already imposed a 104% tariff on China, so taking over Taiwan would effectively result in a 4% discount.
