Donald Trump has once again delayed implementing sweeping tariffs on China, announcing another 90-day pause just hours before the last agreement between the world’s two largest economies was due to expire.

On Monday, Trump signed an executive order extending the deadline for higher tariffs on China until 9 November, officials confirmed to Reuters.

Chinese officials said earlier in the day they hoped the United States would strive for “positive” trade outcomes on Monday, as the 90-day detente reached between the two countries in May was due to expire.

“We hope that the US will work with China to follow the important consensus reached during the phone call between the two heads of state … and strive for positive outcomes on the basis of equality, respect and mutual benefit,” a foreign ministry spokesman, Lin Jian, said in a statement.

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[–] 12 points 1 year ago (1 child)
  • [–] 5 points 1 year ago
    [–] 5 points 1 year ago

    Ursula von der Leyen's appeasement is sounding more pathetic by the day.

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  • [–] 1 point 1 year ago

    How many bitcoins did they give him?

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  • [–] 1 point 1 year ago

    You're hot then you're cold, you're yes then you're no

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  • [–] 1 point 1 year ago

    always a tease, that guy

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  • 21 comments in c/world@lemmy.world view that post
    [+] 48 points 1 year ago (1 child)
  • [–] 21 points 1 year ago

    Taco taco taco taco

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  • [–] 21 points 1 year ago
    [–] 15 points 1 year ago

    Fucking TACO. Pathetic...

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  • [–] 7 points 1 year ago

    Think I might make a trip to Taco Bell.

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  • [–] 10 points 1 year ago (4 children)

    Sorry, out of the loop with a lot of this US political stuff, but what is this memery around Tacos?

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  • [–] 12 points 1 year ago* (last edited 1 year ago) (5 children)

    All these TACO memes are wearing pretty thin. Trump has instituted a minimum of 10% tariffs on all trading partners, with scant prospect of them ever lowering in the future even after his presidency (once tariffs go up, it's very hard to bring them down because of the special interests that come to depend on them). He has strongarmed the EU, Japan, and other countries into accepting these permanently elevated tariff levels without retaliation. Only 3 countries have shown any sort of backbone against this: China, Canada, and Brazil (maybe India, but it's too soon to say). In all the other cases, Trump ain't the one chickening out, it's the other side that abjectly folded.

    (It doesn't matter, by the way, if the Europeans intend to slow walk the investments and weapon purchases they promised to Trump, or whatever. That's copium. The point is that they bent to Trump's will, and once you cave to a bully, he'll be back for more.)

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  • [–] 3 points 1 year ago (1 child)

    Tariffs have been cut in the past. Nothing Trump does or can do, short of killing or maiming people, is permanent.

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  • [–] 1 point 1 year ago

    Bringing tariffs down in the past literally took decades. Politically it's very hard, because the benefits of trade go to everyone and the benefits of tariffs go to special interests. As a rule, special interests tend to win out.

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  • [–] 3 points 1 year ago

    He bobs his head like a chicken too, and then of course there's the aspirational rooster hairstyle.

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  • [–] 2 points 1 year ago

    What day is it, Swann?

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  • [–] 1 point 1 year ago
    4 comments in c/worldnews@lemmy.ml view that post
    [–] 11 points 1 year ago

    They're gonna pump and dump until the well is dry lmfao

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  • [–] 10 points 1 year ago

    Trump is already a running gag in China.

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  • [–] 8 points 1 year ago
    [–] 7 points 1 year ago

    Someone give the guy a food truck he can’t stops with the tacos

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  • 3 comments in c/usnews@beehaw.org view that post
    [–] 5 points 1 year ago (1 child)

    Guess he chickened 🐔 out again

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  • hideshow 1 child comment
  • [–] 2 points 1 year ago

    TACO Tuesday?...

    (sorry, it's hard to read this with a straight face)

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