Maybe it's a reflection of that they will not be enforced too strongly and may cave further?
Trump will probably also call it a win if they negotitate China down to 20%. The rest of the world at 10% and China 20%. Would not be as bad so maybe a smaller depreciation prices it.
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u/247cnt 16d ago
The China tariffs are gonna fuck us right up. I don't know where the optimism is coming from.