Trump announces 90-day pause on ‘reciprocal’ tariffs with exception of China \ stacker news ~econ

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Trump announces 90-day pause on ‘reciprocal’ tariffs with exception of China edition.cnn.com/2025/04/09/business/reciprocal-tariff-pause-trump/index.html

534 sats \ 42 comments \ @Coinsreporter 9 Apr econ

President Donald Trump announced a complete pause on all the “reciprocal” tariffs that went into effect at midnight, with the exception of China.

Tariffs on China will be increased to 125% from 104%, he said.

Trump has really taken the retaliation so seriously but I've come to hear from our neighbour that they will "capitulate on tariffs"

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30 sats \ 7 replies \ @grayruby 9 Apr

That was quick

40 sats \ 3 replies \ @Coinsreporter OP 9 Apr

I suspected it. The world media will pose Trump as a scared man now. I think the decision came on account of EU and other friend nations also went in retaliation mode.

170 sats \ 1 reply \ @grayruby 9 Apr

Doubt it. I think they got scared when 10yr treasury yields started to spike up. Clearly nation states (probably China) were dumping their treasury holdings. They can't afford a big spike in yields. Which is probably why they are still going hard at China in retaliation.

140 sats \ 0 replies \ @Coinsreporter OP 9 Apr

Yupp. That the bigger cause, right. It just went outta my mind.

40 sats \ 0 replies \ @028559d218 9 Apr

So... where did the "90 days" thing come from? My guess?

https://www.foxbusiness.com/markets/bill-ackman-calls-90-day-time-out-tariffs-risk-self-induced-economic-nuclear-winter

20 sats \ 2 replies \ @justin_shocknet 9 Apr

Right on schedule, the effective date.

Plan deniers in disbelief.

20 sats \ 1 reply \ @028559d218 10 Apr

Mar-a-Lago Accords?

40 sats \ 0 replies \ @justin_shocknet 10 Apr

Possible, might need a catalyzing event for that to bring parties together... A blockade in the Pacific to freeze shipping lanes might be part of the plan.

Long 🍿

20 sats \ 2 replies \ @nikotsla 9 Apr

1 sat \ 1 reply \ @Coinsreporter OP 9 Apr

Noone except Trump has ever April fooled the world.

0 sats \ 0 replies \ @nikotsla 9 Apr

Let's wait to tomorrow... this is way we call it a clown world.

20 sats \ 5 replies \ @BitcoinIsTheFuture 9 Apr

I bought the dip! Cheap sats it was!

0 sats \ 4 replies \ @028559d218 9 Apr

everyone did dude

33 sats \ 3 replies \ @BitcoinIsTheFuture 9 Apr

So who was selling? Your mom?

11 sats \ 2 replies \ @028559d218 9 Apr

Nope. My guess is probably wall street people or speculators on exchanges

0 sats \ 1 reply \ @BitcoinIsTheFuture 9 Apr

lol the shorts!

0 sats \ 0 replies \ @028559d218 9 Apr

The market's takeaway... when trump says 'it's a good time to buy' he's not kidding!!!

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20 sats \ 1 reply \ @carter 9 Apr

Trump wants interest rate down so he can refinance... China is selling off their treasuries to keep US interest rates high in order to fuck over his plan https://www.marketplace.org/story/2023/11/07/why-is-china-selling-off-its-us-debt-treasurys

0 sats \ 0 replies \ @Coinsreporter OP 9 Apr

Yupp. It's like an MMA bout on where both try to take each other down.

20 sats \ 16 replies \ @028559d218 9 Apr

If the plan was just to pause them for 90 days... why have them at all?

117 sats \ 13 replies \ @grayruby 9 Apr

Force them to the table.

20 sats \ 12 replies \ @justin_shocknet 9 Apr

Bitcoin Bretton Woods imminent

20 sats \ 11 replies \ @028559d218 10 Apr

I don't think it's about Bitcoin dude.... It's about trade negotiations, which is really currency negotiations to bring back manufacturing jobs and sell 100-year bonds

40 sats \ 10 replies \ @justin_shocknet 10 Apr

They've spoken openly about the Triffin Dilemma and Dollar Dutch Disease

Bessent has said a new Bretton Woods is due

The admin is full of bitcoiners

"Golden Age" is comms

The currency problem cannot be solved without a free float neutral reserve

Just because you can't think strategically more than 5 minutes out doesn't mean the people in charge of the largest economy aren't executing an O-Plan. Details of course unknown, but the directional signaling is obvious.

40 sats \ 9 replies \ @028559d218 10 Apr

I mean maybe they are planning on making Bitcoin the global, neutral reserve.

But I thought Trump wanted the dollar to remain the global reserve currency? He said he would tariff any country 100% that tried to get off the Dollar...

So he's just going to allow an alternative even if it's neutral to take over? If countries can just 'buy Bitcoin' why buy Treasuries? How does the US finance its debt?

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