Trump Tariff Plan IMPLODES In Humiliating Surrender After China Catastrophe

Donald Trump announces agreement to pause tariffs between US and biggest trading partner, China, while accidentally revealing how much the consumers and companies would actually be suffering financially, despite his history of claiming only countries other than the US would feel the pain of the tariffs. John Iadarola and Jayar Jackson break it down on The Damage Report. Leave a comment with your thoughts below!

Read more here:

U.S. and China Agree to Temporarily Slash Tariffs in Bid to Defuse Trade War

"The United States and China took a step on Monday to defuse the trade war between the world’s two largest economies, agreeing to temporarily reduce the punishing tariffs they have imposed on each other.

The move by the United States, after President Trump had repeatedly declared that he would not lower tariffs without concessions from China, represented an acknowledgment of the costs of an all-out trade war with China. Despite the White House’s bluster, the Trump administration backed off, for now, from its steepest tariffs, and agreed to hold more formal talks with Beijing after companies and consumers started showing signs of economic strain.

Explaining that many of the tariffs that he imposed remain in place, Mr. Trump said at the White House on Monday that talks would be focused in part on “opening up” China to American businesses. He said that he expected to talk to President Xi Jinping of China this week, but that putting a full deal on paper would take a while."

**

Become a TDR YouTube Member

Follow The Damage Report on Facebook

Help build the Home of the Progressives

Subscribe to The Damage Report YouTube channel

Follow The Damage Report on TikTok

Follow The Damage Report on Instagram

Follow The Damage Report on Twitter

#TheDamageReport #JohnIadarola #TheYoungTurks

250512__DR01ChineseTariffs