Good to know when he sold the put options so as to have a gauge on the time horizon. also good to know what was the price of apple at the time when the put options are sold.
prata again. At most china also cut 50% which is not tradable, which business have 50% profit margin to sacrifice? in the end, maybe no empty shelves in US but prices still going up e.g. toilet paper hahhahaa. might as well use the green back to wipe backside, cheaper? hahaha
US Weighs Plan to Slash China Tariffs to as Low as 50% — Down from 145% — as Soon as Next Week: Sources
The Trump administration is weighing a plan to slash the 145% tariff on Chinese imports by more than half — effective as soon as next week — as top US and China officials head to Switzerland for high-
Macam, the British got the short end of the deal with the blanket 10% tariffs. So much for being a staunch ally. Cannot expect anything from Saturday deal talk with China, unless Trump treats British as bullyable. Tsk tsk.
I wonder how do u make a deal with another party without meeting or having negotiation with the other party? Talking to air? Might as well just say that US will unilaterally lower the tariffs. Say so much just for saving face. Or maybe US will just say a deal made with China without ever meeting with China? Usual tactics from T. I would wonder would China remove the restrictions on rare earth which is more damaging to US than the tariffs...hmmmm Also more manufacturing in US, how about lower labour cost and are Americans willing to slog in factories? Since the illegal and legal immigrants are deported indiscriminately?
Bessent Sees De-Escalation In US-China Trade Tensions, Talks To Be "A Slog"
UPDATE 1-Bessent sees de-escalation in US-China trade tensions, talks to be 'a slog'Adds details from sources hearing Bessent's presentation, from fourth paragraphBy David Lawder and Nupur Anand. WASHINGTON, April 22 - U.S. Treasury Secretary Scott Bessent said on Tuesday that he believes there will be a de-escalation in U.S.-China trade tensions, but negotiations with Beijing have not yet started and would be a "slog," according to a person who heard his closed-door presentation to investors at a JP Morgan conference.Bessent described the current bilateral trade situation as a two-way embargo, and neither side sees the status quo as sustainable, the person said. Bessent added that the Trump administration's goal was not to decouple the world's two largest economies.Instead, Bessent said that he was hoping for a "big, beautiful rebalancing" of China's economy towards more consumption and the U.S. economy towards more manufacturing, but it was unclear whether Beijing was ready to do th
I wonder how do u make a deal with another party without meeting or having negotiation with the other party? Talking to air? Might as well just say that US will unilaterally lower the tariffs. Say so much just for saving face. Or maybe US will just say a deal made with China without ever meeting with China? Usual tactics from T. I would wonder would China remove the restrictions on rare earth which is more damaging to US than the tariffs...hmmmm
Bessent Sees De-Escalation With China, Situation Unsustainable
US Treasury Secretary Scott Bessent told a closed-door investor summit Tuesday that the tariff standoff with China is unsustainable and that he expects the situation to de-escalate.Bessent added that negotiations haven’t started but that a deal is possible, according to people who attended his session at an event hosted by JPMorgan Chase & Co. in Washington, which wasn’t open to the public or media.The Treasury Department didn’t immediately respond to a request for comment.The US Treasury chief
By Nick Timiraos, Jack Pitcher and Chelsey Dulaney. Financial markets have flashed an ominous message this month about President Trump's ambitious and improvisational bid to reshape global trade: Be careful what you wish for.Volatility in Treasury markets and unexpected weakness in the dollar suggest that what began as a trade conflict could morph into a more dangerous "capital war." The clash threatens to raise U.S. borrowing costs by undermining Washington's long-standing financial primacy, which for years has drawn trillions of dollars of foreign funds into the country."This idea that you can break trade, and not break the capital flow side, is a fantasy," said Steven Blitz, chief U.S. economist at GlobalData TS Lombard.The dollar began the year looking potentially as overvalued as it had been since the 1980s, and Treasury yields remain in the middle of their trading range over the past two years, said Clarida, who is now a senior adviser at bond giant Pimco
Never think through and acted without consultation, now siah sway got to back down, making life difficult for the ground staff collecting the tariffs. Good riddance to these type of bosses.
United States Eases Port Fees On China-Built Ships After Industry Backlash
LOS ANGELES, April 17 - The Trump administration shielded on Thursday domestic exporters and vessel owners servicing the Great Lakes, the Caribbean and U.S. territories from port fees to be levied on China-built vessels, aiming to revive U.S. shipbuilding.The Federal Register notice posted by the U.S. Trade Representative was watered down from a February proposal for fees on China-built ships of up to $1.5 million per port call that sent a chill through the global shipping industry.Foreign roll-on/roll-off auto carriers, known as ro-ros, are eligible for refunds of fees if they order or take delivery of a U.S.-built vessel of equivalent capacity in the next three years.