Global stocks soar as Donald Trump backs down from trade war
www.ft.com
Washington pauses most tariffs against countries that have not retaliated but increases levies on China
  • aleq@lemmy.worldEnglish
    2·
    1 month ago

    I think this but it’s just the people seeing his tweet immediately before he lifted the restrictions.

    Market doesn’t know if the tariffs are even coming back, and are taking the chance to buy back low.

    • takeda@lemm.eeEnglish
      3·
      1 month ago

      He suspended it for 90 days and also previously threatened that there will be more, so we don’t even know if next week there won’t be new tariffs.

      • AA5B@lemmy.worldEnglish
        2·
        1 month ago

        It’s still possible that’s the point. Not the tariffs as a goal but as a weapon to hold over everyone’s head, to shake them down until they all bow before mango mussolini