Trump Orders China to "Open Up" to Wall Street Looting

Stalin

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If you view everything that the actively senile frump does as a shakedown for him and his slimy tribe, then you have a pretty good grip on reality...

what do you call a man who stays up half the night texting rubbish...

On Friday, President Donald Trump delivered a blistering attack on China accusing Beijing of breaking the terms of an agreement that was consummated just weeks earlier in Switzerland. Here’s what Trump posted on his Truth Social site on May 30, 2025:

Two weeks ago China was in grave economic danger! The very high Tariffs I set made it virtually impossible for China to TRADE into the United States marketplace which is, by far, number one in the World. We went, in effect, COLD TURKEY with China, and it was devastating for them. Many factories closed and there was, to put it mildly, “civil unrest.” I saw what was happening and didn’t like it, for them, not for us. I made a FAST DEAL with China in order to save them from what I thought was going to be a very bad situation, and I didn’t want to see that happen. Because of this deal, everything quickly stabilized and China got back to business as usual. Everybody was happy! That is the good news!!! The bad news is that China, perhaps not surprisingly to some, HAS TOTALLY VIOLATED ITS AGREEMENT WITH US. So much for being Mr. NICE GUY! Donald J. Trump@realDonaldTrump

Ignoring the fact that China is in no economic trouble at all (Note: China’s GDP grew by 5.4% in the first quarter of 2025 while Chinese exports soared by more than 12% in March 2025), there are a number of things wrong with Trump’s statement, the most obvious of which is that there is no formal treaty or binding contract between the Trump administration and China on the Tariffs issue. None. Trump even admitted as much on Truth Social on May 10 and 11, when he said, “much agreed to,” though he highlighted the need to “paper it” or formalize it in writing.

What happened is this: China generously offered to sign a joint statement following the confab in Geneva where Treasury Secretary Scott Bessent barged-in on a pre-scheduled meeting between Chinese and Swiss officials (that had nothing to do with US trade policy) and offered to slash Trump’s gigantic tariffs (to 30%) in exchange for nothing. (Bessent was obviously panicking over extreme market volatility on Wall Street and capitulated on the spot.) China made no concessions. Bessent basically put on sackcloth and ashes and publicly debased himself in front of the world for nothing. The only thing that was mutually agreed upon was “to establish a US-China trade consultation mechanism”. In other words, they agree to talk to each other in the future. Big deal.

And now Trump is saying China “has totally violated its agreement with us”?

What agreement, and what ‘violation’ is Trump talking about? No one even knows what he means??

more frumpian derangement at https://www.unz.com/mwhitney/trump-orders-china-to-open-up-to-wall-street-looting/

comrade stalin
moscow
 
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If you view everything that the actively senile frump does as a shakedown for him and his slimy tribe, then you have a pretty good grip on reality...

what do you call a man who stays up half the night texting rubbish...

On Friday, President Donald Trump delivered a blistering attack on China accusing Beijing of breaking the terms of an agreement that was consummated just weeks earlier in Switzerland. Here’s what Trump posted on his Truth Social site on May 30, 2025:



Ignoring the fact that China is in no economic trouble at all (Note: China’s GDP grew by 5.4% in the first quarter of 2025 while Chinese exports soared by more than 12% in March 2025), there are a number of things wrong with Trump’s statement, the most obvious of which is that there is no formal treaty or binding contract between the Trump administration and China on the Tariffs issue. None. Trump even admitted as much on Truth Social on May 10 and 11, when he said, “much agreed to,” though he highlighted the need to “paper it” or formalize it in writing.

What happened is this: China generously offered to sign a joint statement following the confab in Geneva where Treasury Secretary Scott Bessent barged-in on a pre-scheduled meeting between Chinese and Swiss officials (that had nothing to do with US trade policy) and offered to slash Trump’s gigantic tariffs (to 30%) in exchange for nothing. (Bessent was obviously panicking over extreme market volatility on Wall Street and capitulated on the spot.) China made no concessions. Bessent basically put on sackcloth and ashes and publicly debased himself in front of the world for nothing. The only thing that was mutually agreed upon was “to establish a US-China trade consultation mechanism”. In other words, they agree to talk to each other in the future. Big deal.

And now Trump is saying China “has totally violated its agreement with us”?

What agreement, and what ‘violation’ is Trump talking about? No one even knows what he means??

more frumpian derangement at https://www.unz.com/mwhitney/trump-orders-china-to-open-up-to-wall-street-looting/

comrade stalin
moscow

Basically china refused to engage with Trump or rush to lick his arse. When that didn't work Trump said they crawled back to him, but they didn't. They have still not negotiated one tariff.

The shelves are now starting to empty of Chinese junk and price gouging will start along with inflation. All predicted by economic masters far outside trumps orbit.
The point is he is realising its not working with China so he blames them.
He just increased tariffs on Australian iron and aluminium because they wouldn't suck his arse either. It hasn't finished yet. Europe will soon join ranks to cut USA off.
 
Basically china refused to engage with Trump or rush to lick his arse. When that didn't work Trump said they crawled back to him, but they didn't. They have still not negotiated one tariff.

The shelves are now starting to empty of Chinese junk and price gouging will start along with inflation. All predicted by economic masters far outside trumps orbit.
The point is he is realising its not working with China so he blames them.
He just increased tariffs on Australian iron and aluminium because they wouldn't suck his arse either. It hasn't finished yet. Europe will soon join ranks to cut USA off.
China no doubt chafes at not being able to dictate to Trump like they dictated to their boy Biden.
 
China no doubt chafes at not being able to dictate to Trump like they dictated to their boy Biden.
China refused to crawl up trumps arse. The reciprocated with tariffs.

China has now made alternative arrangements regarding imported producers. The farming sector in. USA is in a free fall. Grain and beef and pork etc are piling up with no homes to go to. Bankruptcies are mounting.
All because of trumps tariffs.
Like a lot of Americans you have no idea if what you've done by electing Trump.
 
China no doubt chafes at not being able to dictate to Trump like they dictated to their boy Biden.
Absolute BS. In fact the Chinese never licked trumps ass over the tariffs. As for the Biden comment, you're a lying old fool. Hate filled brain dead godbotherer.
 
China refused to crawl up trumps arse. The reciprocated with tariffs.

China has now made alternative arrangements regarding imported producers. The farming sector in. USA is in a free fall. Grain and beef and pork etc are piling up with no homes to go to. Bankruptcies are mounting.
All because of trumps tariffs.
Like a lot of Americans you have no idea if what you've done by electing Trump.
Democrats blame the effects of high taxation and inflation on Trump, which is stupid and blind.
 
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