The Japan Times
@thejapantimes@mastodon.social  ·  activity timestamp last month

U.S. President Donald Trump’s recent flurry of trade deals have given Asian exporters some clarity on tariffs, but missing are key details on how to avoid punitive rates that target China’s supply chains. https://www.japantimes.co.jp/business/2025/07/26/economy/trump-tariffs-china-asia/?utm_medium=Social&utm_source=mastodon #business #economy #china #globaleconomy #asia #tariffs #trade #us #donaldtrump
jackcole
@jackcole@mstdn.social replied  ·  activity timestamp last month
@thejapantimes #Trump#Tariff strategy doesn't exist. He doesn't live up to agreements, e.g. with Mexico. He claims all sorts of agreements with other countries who quickly dispute them. He continuously sets and changes deadlines. The entire point of this exercise is gratification that he can make the world dance when he pulls the tariff lever. It produces the chaos he loves. This will go on for as long as he is president. think Lucy, Charlie Brown, football.
Nonilex
@Nonilex@masto.ai  ·  activity timestamp last month

Ouch. #Trump #tariffs take a $1 billion bite out of #GM earnings

#GeneralMotors' second-quarter core profit fell 32% to $3 billion on Tuesday, as the automaker continued to confront challenging #tariff policies, which it said sapped $1.1 billion from the results.

#economy #inflation #recession
https://www.reuters.com/business/autos-transportation/trump-tariffs-take-1-billion-bite-out-gm-earnings-2025-07-22/
Nonilex
@Nonilex@masto.ai  ·  activity timestamp last month

Ouch. #Trump #tariffs take a $1 billion bite out of #GM earnings

#GeneralMotors' second-quarter core profit fell 32% to $3 billion on Tuesday, as the automaker continued to confront challenging #tariff policies, which it said sapped $1.1 billion from the results.

#economy #inflation #recession
https://www.reuters.com/business/autos-transportation/trump-tariffs-take-1-billion-bite-out-gm-earnings-2025-07-22/