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Trump delays tariffs as the rest of the world plays hardball (www.bbc.com)

submitted 3 months ago by babysandpiper@sopuli.xyz to c/economics@lemmy.world

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Donald Trump's White House had grandly promised "90 deals in 90 days" after partially pausing the process of levying what the US president called "reciprocal" tariffs.

In reality, there won't even be nine deals done by the time we reach Trump's first cut-off date on 9 July.

The revealing thing here, the poker "tell" if you like, is the extension of the deadline from Wednesday until 1 August, with a possibility of further extensions - or delays - to come.

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[–] ThanksObama@sh.itjust.works 14 points 3 months ago (1 children)

[–] catty@lemmy.world 12 points 3 months ago

this meme has always irked me. It should be "off and then back on again"