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Strategies & Market Trends : World Outlook -- Ignore unavailable to you. Want to Upgrade?

To: Les H who wrote (45846)	5/11/2025 3:10:11 PM
From: John Carragher	Respond to of 48817

he said the % is up to the negotiating team a few days on national tv.

To: Les H who wrote (45846)	5/11/2025 3:16:37 PM
From: Les H	1 Recommendation Recommended By SpedeReder Read Replies (1) \| Respond to of 48817

The president’s allies acknowledge that Trump’s suggestion that he might lower tariffs is largely symbolic but they argued it’s still an important first step toward a larger detente in the trade war between the world’s two largest economies. “It’s not the practical effect. It is about demonstrating progress,” said one person familiar with the discussions, granted anonymity to discuss details of private conversations. “Markets may react to the scent of progress with China trade.” But business owners, lawmakers and economists are already warning that even if some progress is made this weekend, it won’t be fast enough to avoid serious economic pain. “A 65 percent tariff cut sounds generous until you realize it’s still a wall, not a gateway,” said one former Trump administration official, granted anonymity to candidly discuss expectations. https://www.politico.com/news/2025/05/10/us-china-trade-talks-00340127 Tariff cut was telegraphed beforehand just like the tariff pause.