Post AsvJcIBgoTItj1kpMW by Steve@ferral.cat
(DIR) More posts by Steve@ferral.cat
(DIR) Post #AsvClxoKjErrkEUhUW by AlexanderVI@stranger.social
2025-04-09T17:32:55Z
0 likes, 1 repeats
@robcinos "I have authorized a 90 day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%, also effective immediately," Trump posted on Truth Social just before the market lifted off. Trump also announced in the post that the US would be raising its tariffs on China to 125%."(from Yahoo Finance)
(DIR) Post #AsvCm2t7qqfjUXm69g by AlexanderVI@stranger.social
2025-04-09T17:37:36Z
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@robcinos Wall St is also just a basket case right now - all this whiplash is not the sign of a well-functioning market. If he keeps up these China tariffs, the Walmart zones of the US are going to get clobbered (along with many others).
(DIR) Post #AsvJcIBgoTItj1kpMW by Steve@ferral.cat
2025-04-09T17:48:49.233902Z
0 likes, 1 repeats
@robcinos Imagine being a customs official: tariffs are in - no tariffs are out. Or trying to buy anything for a future project. This kind of erratic behavior is ultimately destabilizing
(DIR) Post #AsvJdvTEFILVqfjlDs by AlexanderVI@stranger.social
2025-04-09T17:49:49Z
0 likes, 1 repeats
@Steve @robcinos or a customs broker. Or an importer trying to cost new builds. It's all batshit.