Trump Open to Tariff Negotiations, Will Hit Drug Imports 'Soon'

[BumRushDaShow]

Source: msn/Bloomberg

3h


(Bloomberg) -- President Donald Trump said he was open to negotiations that would reduce the tariffs he’s planning to implement on countries next week, but that he didn’t expect deals ahead of his April 2 announcement. “I’m certainly open to that, if we can do something, we can get something for it,” Trump told reporters aboard Air Force One.

But Trump cautioned that any deal would happen “probably after” he imposed tariffs, and said that although he was receptive to dealmaking, he believed the US had “been taken advantage of for 40 years, maybe more.”

The president is expected to unveil his reciprocal tariff program, which he’s said will include aggressive levies intended to equalize trade barriers and push manufacturing back to the US, on Wednesday. But significant mystery surrounds how the government will determine the tariff rates, with the president offering changing guidance for how severe the levies will be.

Officials have also given conflicting information about whether they will incorporate or be in addition to taxes on specific priorities, though Trump this week announced 25% tariffs just on automobiles that he said would be added on top of country-specific levies.


Read more: https://www.msn.com/en-us/money/other/trump-open-to-tariff-negotiations-will-hit-drug-imports-soon/ar-AA1BRL5w

[Yavin4]

1. Now that the markets have sold off. He'll pull back the tariffs which will make the markets rise next week.

He's using the tariffs to pump and dump the markets.

[BumRushDaShow]

3. Yup.

Wash. Rinse. Repeat.

Stay tuned next week!

[chicoescuela]

5. I believe this to be true

[Klarkashton]

2. To his wall st buddies "watch what I do next week!

[modrepub]

4. What Is Trump Actually Negotiating For?

You constantly hear the M$M and corporate types say Trump will walk back tariffs when he "gets what he wants". Trump has been very clear that he wants more manufacturing to occur in the US. Tariffs, in his mind, will force companies to restore state-site manufacturing and bring high paying jobs back to Americans. This only works if he applies tariffs that are large enough to get companies to build new plants in the US and the tariffs become permanent so that foreign goods are always more expensive than US ones.

Beside the BS about walking these tariffs back, I'd add the following follow up questions that our M$M have failed to bring up:

Which US states will be getting all of these wonderful new manufacturing plants? Red ones?

Given US healthcare is so expensive, won't this be a drag on any job creation?

Sure manufacturing may come back in some form but do we have the raw material resources and infrastructure to actually do this?

How much automation with there be in these new factories and won't that limit the number of jobs actually created?

Who do they think will want to work in these new jobs? Manufacturing jobs can be mind numbingly boring and sometimes dangerous. And who's to say most of these jobs won't pay poorly and/or have no company paid benefits (see high health care costs question).

Well that's what we get for handing over the keys to a convicted felon bankrupting con man. Who'd of thought this would happen?

[sakabatou]

6. So... how long until Dump backs down from this BS?

[Journeyman]

7. T.S. Eliot gives some guidance . . .

"In a minute there is time for decisions and revisions which a minute shall reverse."

That seems to adequately explain Trump's tariff M.O.