Post #45727 by albaby1 on the US Policy board

Halls of Shrewd'm / US Policy

Unthreaded | Threaded | Whole Thread (74)

Post New | Post Reply | Report Post | Recommend It!

No. of Recommendations: 10

China is down to 10% and the US is down to 30%. They also made progress on fentanyl.

Both tariff levels are higher than before the trade war started, and almost every other aspect of prior trade policy remains intact. No changes have been made to anything that existed before the trade war, for the most part (I haven't seen what substantive changes on fentanyl may have occurred over the weekend discussions. Basically both sides called a major ceasefire in the current hostilities, but no material changes have been made to the prior status quo.

Bessent also pretty much says the opposite of what you wrote.

“The consensus from both delegations is that neither side wanted a decoupling,” Treasury Secretary Scott Bessent, who was a point person in the U.S.-China talks in Geneva over the weekend, said on Monday.

https://archive.ph/90uIf#selection-755.0-757.126

That's a major repudiation of the Navarro/Lutnick view of the China strategy.

Post New | Post Reply | Report Post | Recommend It!

Print the post

Unthreaded | Threaded | Whole Thread (74)

Prev | Next

Announcements

US Policy FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for Shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website, The Motley Fool (TMF), in any way. The Shrewd commmunity here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.