So I got to thinkin'...

[Javaman]

(which usually gets me in to trouble)

the orange idiot announces a new tariff deal that drops the percentage way down, but still screws us all, but it was substantial enough to certainly goose the markets. Which, in the end, is what all of this was about: market manipulation.

but then I thought, the orange idiot has this bizarre need for approval from strong authoritarians (daddy issues). And I thought, what did the orange asshole really give up to make this deal work.

because as of last week China was having none of it.

now "suddenly" there is a deal

1) much of the info we are getting out of the White House is more than likely bullshit
2) all of this is a desperate need by the orange idiot to get a "win" even though he completely manufactured this crisis
3) he needs to puff himself up before his birthday "victory parade" of vanity
4) he probably gave away the farm to china for this, because, China was already looking elsewhere and cutting deals. it's been long known that china wants to diminish the US dollar as the "world" currency.

as with anything this fucked up administration does, we will find out in short time how truly fucked up the deal was, not just for the nation, but for each and every individual citizen of this country.

[Hugin]

1. To put it politely...

ETTD. (Everything Trump Touches Dies).

Yes, it’s all bullsh*t. At best a delay and diversion from the voluminous criming. The MAGAts will rejoice until the next BOHICA inevitably comes along. By then, it will all be so unfair and someone else’s fault.

[dutch777]

2. What he gave up in the deal, or ignored, is that the Chinese can manipulate their currency value to $ to make this...

...revenue neutral to them. It is just smoke and mirrors and being open to re-discussion or Trump's next bad idea in 90 days gives the market nothing solid, safe or long term and certainly not any business or capital investment firm clear sailing for future investment. Which means, smart money is sitting on its hands because Trump and his Bad Idea Co. could do something new and even more stupid going forward. I do think the initial market reaction will be positive but short lived when they realize this is a nothingburger as a solution to their concerns and desire for sense and stability.

[Diamond_Dog]

3. I was just thinking along these lines yesterday.

It’s infuriating when you keep seeing headlines or chyrons on the news “TRUMP ANNOUNCES MAJOR DEAL WITH CHINA OVER TARIFFS” because all he did was back off from a chaotic mess he himself created! Yet people will now be led to believe he made some brilliant deal.

[eppur_se_muova]

4. Journos need to learn the word 'claims' again -- "TRUMP CLAIMS MAJOR DEAL WITH CHINA OVER TARIFFS" ...

... sets a more skeptical tone, which is the least they can do when skepticism is abundantly justified.