NY Post: Trump will reduce the China tariffs from 145% to 50%. Commerce Secretary Lutnick: Tariffs will likely settle at 34%. All that drama for nothing.

5 comments

1. This mean chinese currency will appreciate 34% against the dollar, meaning our debt is cut by 34% with china as more petrodollar will return, when us currency devalue.

   Its been done before and its effective. China and singapore will come closer and closer to parity to the us, while uk and europe will have more buffer

2. so the whole point was market manipulation like always?

3. They are all about drama! Diversion from what’s really going on in DC and FLA behind the scenes…

4. I don’t believe the NY post.

5. I don’t know, I won’t feel liberated with a meager 34%. Trump, you lied to me (shocker).

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