Earlier today, President Trump paused the tariffs for almost every nation except China. A reporter asked him about it this afternoon.
During a White House event with auto racing champs, President Trump told reporters he decided to pause some of his tariffs because he “thought that people were jumping a little bit out of line.”
“Well, I thought people were jumping a little bit out of line; they were getting yippy,” Trump explained. “A little bit afraid, unlike these champions.”
“We have a big job to do. No other president would have done what I did,” Trump added.
“What was happening to us on trade…not only China but others also…Somebody had to do it because it was not acceptable.”
Trump said the US is making $2 billion a day from tariffs.
He believes the Chinese Communists want to make a deal. They are proud people, but they want to make a deal.
The market ended back up to over 40,000.
During White House event with auto racing champs, Pres. Trump tells reporters he decided to pause some of his tariffs because he “thought that people were jumping a little bit out of line.”
“They were getting yippy … a little bit afraid.” https://t.co/syx6lGlU1c pic.twitter.com/9YIGoMlyJB
— ABC News (@ABC) April 9, 2025
And just like that, China is the bad guy.
Trump is hiking tariffs on China to 125%, authorizes a 90 day tariff pause on everyone else pic.twitter.com/BzqhbKvXi5
— zerohedge (@zerohedge) April 9, 2025
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I wouldn’t have paused anything just because of a few chicken $hits. Everyone except China was coming to the table. Now they are all gonna think Trump is gonna cave if they contribute to these jacka$$es PACs, book deal, or some Cayman Island or Vatican secret account? Well I hope everyone was paying attention on who the crybabies were and see how the problem is much wider than congress. You can just smell the smoke from the cigars in the seedy backrooms and private clubs.
Well at least we found three more possible sources of corruption on how members of congress can become multi-millionaires on a 200K public servant salary. Corporate America, Wall Street, Foreign Governments. Nicely done. Now that’s what I call 4D chess. How’s that for speculation?
Some simpletons are incapable of understanding the bigger picture. Rand Paul apparently is one.
https://matzav.com/rand-paul-absolutely-a-fallacy-u-s-getting-ripped-off-because-of-trade-deficits/
His comparison to employment is a non-sequitur. So too is the “trade deficit with the grocer”. This is someone who is attempting to use simple terms in order to have people believe the premise for the argument. When he speaks of Walmart and says the public buys from them and not China, he doesn’t follow that to its conclusion. One has to examine the scale in macro economic terms. Walmart buys from the very cheapest supplier and will force suppliers to lower prices. This policy forces the cheapest labor on products, even if it means virtual slave labor. This is possibly the reason Walmart no longer promotes their “American made” agenda. No country with a functioning middle class can ever compete in such a world. It will eventually devastate the middle class and thus the country as a whole.
After WWII the US was an economic powerhouse. Jobs were plentiful. It was in the 70’s that the decline began and progressed to a point where the best paying jobs for the unskilled maintained a downward course. Other factors, such as foreign visas, have taken their toll on the skilled and professional classes.
I don’t know that much about Rand Paul, but it seems to me the man isn’t too bright. Either that, or he has another unknown agenda.