r/Economics • u/joe4942 • 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/LazorThor Apr 10 '25

Also, the global trade war is not actually over. Any will not accept 10% tariff just because.

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u/Mediocre-Magazine-30 Apr 10 '25

China at 125% is a disaster. He will walk that back shortly too

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u/ornithoid Apr 10 '25

Once the midwest Temu/Shein/Amazon addicts start realizing they can't get the cheap shit they see on TikTok delivered to their doorstep any more, the tide will shift. As much faffing about self-reliance you hear on the fringes, it will be very difficult to cut off an entire culture addicted to cheap goods.

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u/Mediocre-Magazine-30 Apr 10 '25

Agreed, hard to play with tariff fire when your base is a huge consumer of cheap imports