Trump just announced all country tariffs will be paused for 90 days except for China whos stuck at 125% now. There will be a minimum 10% tariff applied during this 90 days pause.
And I'm thinking this is just what he planned out in advance. Not only did he get everyone to take his threat seriously, he actually collected tariffs. Now that everyone knows he's crazy enough to do this he graciously gave a pause and lowered all the tariffs except china to 10%, something a lot of these countries are now so happy for. And something they'll want to keep after 90 days
Interesting to see what China does next. Maybe release new covid
The outrages part also makes the other person think they are getting a good deal when they give Trump what he wants. It's quite fascinating to see so many people here in the EU call Trump an idiot and how they are beating him where at every turn they give him what he was aiming for from the start.
People that claim to be very smart in the ways of economics yet can't spot a basic negotiation tactic. No wonder we screw up our economies so much.
And god forbid you try and tell them that this is what is happening, they will screech at you and likely point to the stock value of some American thing and go "see it went down so trump bad"
But hey I'm at the point where I sit back and enjoy the show, and Trump, and the response to him is an amazing show to watch