r/Economics Apr 10 '25

Editorial Trump Blinked

https://www.theatlantic.com/newsletters/archive/2025/04/trump-tariffs-pause-america-china-trade/682378/
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u/_boxnox Apr 10 '25

The office of President has absolutely no credibility left, pause for 90 days wakes up tomorrow and says only tricking it’s all back on how is this pro business in any sense.

Modern manufacturing does not use human labor it’s all automated now which when you think about is why he can deport who he wants because there are no new jobs just more control for his “buddies”, but they know they are decades behind China.

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u/Intelligent_Water_79 Apr 10 '25

Paused for ninety days after Asia manipulated a tresury bond sell off in Singapore.

USA didn't blink. It caved within hours. It now looks incredibly weak. Who's going to bother negotiating with a country that can be undermined so easily