TRUMP, BESSENT FORCED TO DRASTICALLY CUT THEIR TARIFFS AGAINST CHINA TO AVOID A US STOCK MARKET MELTDOWN AS CHINA CALLS THEIR BLUFF

What Trump and his Soros crony Scott Bessent have achieved by their crazy trade warfare is to show that 

1) they do not have any intention of making Americans prosperous again especially by printing free money. On the contrary

2) the USA s economy is extremely weak and the Chinese and globe knows it

3) the US has lost its status as a hegemon economically (and militarily)

4) Trump, Bessent and Lutnik are delusional and encouraged in their delusion by a circle of propaganfists including Alex Jones, Steve Bannon and Zerohedge becuase it was clear from examining the true facts that China was going to win any trade war hands down

Americans who still think it is to dangerous to remove this crime gang using the rule of law, should ask themselves if the real danger is leaving them in power any longer.

From media

The US and China have agreed to halt “reciprocal” tariffs against each other for 90 days as part of ongoing trade talks.

Stock markets surged after US treasury secretary Scott Bessent said neither Washington or Beijing wanted to see a “decoupling” of relations following negotiations in Geneva over the weekend.

The deal means the US will lower its 145pc tariffs on China to 30pc, while China will lower its 125pc tariffs on American imports to 10pc.

The FTSE 100 jumped as much as 1pc at the start of trading, although its pulled back gains after pharmaceutical companies like AstraZeneca were hit by Donald Trump’s promise to sign an executive order to cut drug prices.

In Europe, the Cac 40 in Paris and the Dax in Frankfurt were up more than 1pc, while Hang Seng in Hong Kong jumped 3pc and the CSI 300 index of Chinese blue-chip companies in Shanghai gained 1.1pc. 

https://www.telegraph.co.uk/business/2025/05/12/us-china-trade-deal-trump-tariffs-ftse-100-markets-latest/

90-day truce": Analysts give cautious welcome to US-China agreement

From CNN’s Olesya Dmitracova

Analysts welcomed the announcement that the United States and China will slash tariffs on each other’s goods for a 90-day period on Monday, but warned against overoptimism on the trade spat between the world’s two largest economies.

“This is a substantial de-escalation,” said Mark Williams, chief Asia economist at consultancy Capital Economics, chiming with others. But he noted that US tariffs on China remain much higher than on most other major economies and that America “still appears” to be trying to rally other countries to introduce restrictions of their own on trade with China.

“In these circumstances, there is no guarantee that the 90-day truce will give way to a lasting ceasefire,” he wrote in a note.

....

The US and China have agreed to massively roll back tariffs on each other’s goods for an initial 90-day period, de-escalating a global trade war.

The announcement comes after a weekend of marathon trade negotiations in Geneva, Switzerland by officials from the world’s two largest economies.

Major breakthrough: The substantial, if temporary, agreement was unexpected. Just last week, Bessent sought to manage expectations by suggesting that his goal for the talks was “de-escalation” of tension and not “a big trade deal,” as the US and China had been at a virtual stalemate since President Donald Trump imposed his tariff policy.