As per this, the "90 days" framework is properly seen as a comms strategy rather than economic policy. It's intended to create room to moonwalk away from the original policy. So you never have to say you blinked. Just 90 days and by that time everyone forgets. - ThreadSky

joshtpm.bsky.social • 20 days ago

As per this, the "90 days" framework is properly seen as a comms strategy rather than economic policy. It's intended to create room to moonwalk away from the original policy. So you never have to say you blinked. Just 90 days and by that time everyone forgets.

Reposted from Abe Newman

5/I do not believe that a snap back in 90 days is credible. But the policy framework creates continued uncertainty. What is the US policy on tariffs and China...business doesnt know. And that uncertainty will stifle investment/risk recession.
time.com/7276190/econ...

Comments

farimi77.bsky.social•20 days ago

A major reason for trumps failures to obtain new trade deals is because conservatives can’t negotiate they only know how to dictate terms. And they’re doing it to people over whom they have no leverage.

smyers.bsky.social•20 days ago

Tariffs? What tariffs?? (squirrel!)

billthepony.bsky.social•20 days ago

"TDS libtards in the media keep lying about the tariff hoax"

Coming soon to a fox host near you

nedwilcox.bsky.social•20 days ago

Recession is virtually inevitable, due to massive uncertainty alone. The criminal Trump is literally destroying our country.

daughterofwitches.bsky.social•20 days ago

It also leaves small business holding the short end of the stick.

rbd.bsky.social•20 days ago

Yeah obviously the 90 days are a joke given recent precedent. He gave tiktok 75 days to avoid being banned, and when the 75 days ran out, he just gave them another 75 days

dw54.bsky.social•20 days ago

Same as it ever was: Create a crisis, back down, claim to have solved everyone’s problems.

dctblackwell.bsky.social•20 days ago

Plus enough time to yo-yo the markets and to make a fortune

chade81.bsky.social•20 days ago

You can hope everyone has the attention span of maga nat.
But the market will not be fooled that way.

readyhill.bsky.social•20 days ago

NYT and the Trump administration seem oblivious to the way all this is seen by ordinary Americans. Of course the long term effects of tariffs are huge but the immediate question we have is, "Can I start ordering things directly from China again?". Is the $800 de minimis exemption back?

anylength66.bsky.social•20 days ago

None of it will stop the bleed out of investors fleeing the market for Euro markets. The U.S. dollar is toast!

jwbsalevi.bsky.social•20 days ago

If Trump understands anything, it's the shortness of the American public's attention span.

jwbsalevi.bsky.social•20 days ago

Which is a direct product of the shortness of the American media's attention span.

beihai.bsky.social•19 days ago

yes, but people will notice the price hikes in the market place. and Trump has ruined US reputation abroad, importers will look for other suppliers now. we will still have a recession, you can't gaslight your way out of that.

theelites.bsky.social•19 days ago

Too bad the market won't. We'll get a new high and back down again.

martindev4.bsky.social•20 days ago

Isn’t there also some money to be made by knowing when

djw1974.bsky.social•19 days ago

Wait! The shoe factories aren’t returning to Maine? Somebody please alert Susan Collins!!

runakog.bsky.social•20 days ago

Messaging-wise, this feels like a poor time of year to leave retailers with no idea how much their Christmas holiday inventory will be taxed.

Will taxes be “high” or “we can’t pay to get it off the dock”?

manqueman.bsky.social•20 days ago

Regrettably , tragically, the mass media won’t report this farce with even a scintilla of honesty.
The tariff reporting is overwhelming what Trump & co say without any confirmation/verification from other parties.
And businesses remain screwed.

beethovenssidekick.bsky.social•20 days ago

Sullying of Reputation.

Degradation of Reputation.

Untrustworthiness.

Ruination.

katydidit.bsky.social•20 days ago

🎯

catpushmike.bsky.social•20 days ago

With the 90 day pause, there’s no way this can credibly be called a “deal”.

The only thing locked in about this temporary
agreement is that global uncertainty will remain.

jrobin.bsky.social•20 days ago

Plus, he and his buds with advance knowledge of this deal will make a killing in the market today.

jazzy-rascal.bsky.social•20 days ago

That seems backwards though? By starting out saying it's temporary you need to make another announcement within 3 months that it's actually not, reminding everyone about it. However, they are very dumb.

drgeophysics.bsky.social•20 days ago

United States of Amnesia already forgot.

pabsmo.bsky.social•19 days ago

Same as when Trump says he’ll have something ready “in 2 weeks.” It’s a flat out lie, but instead of saying he didn’t think of it or he doesn’t want to work on it, he gives a time frame that’s short enough to seem urgent but long enough for ppl to forget the ask when the time arrives.

jc1977.bsky.social•20 days ago

I think the better explanation is that he is assured in 90 days of again being the center of attention, of everyone hanging on his every idiotic whim and decision...

eclecticspirit.bsky.social•20 days ago

It still has economic ramifications, though, as it leaves uncertainty in the air. Business strategies (e.g., holding back on investment) will be developed taking that into consideration.

fid13.bsky.social•20 days ago

As a consumer, I am much more uncertain about my financial future! Pay attention Pres Trump!
Please do better!

maga-the-podcast.bsky.social•19 days ago

Trump world depends on an attention span measured in minutes, not months. 90 days is infinity to convince the dumbasses that the sky isn't blue

dreater.bsky.social•20 days ago

Many of us who have reconfigured our portfolios to defend against Trump's unpredictable whims are, I think, going to just sit tight, until it becomes clear that Trump's random changes (or market manipulation?) are over for good. Uncertainty remains too high, risks remain too high.

twobodyproblem.bsky.social•20 days ago

So how many doll factories were built in America in the past month?

henrythedog.bsky.social•20 days ago

too logical, yes a normal President would, but Trump's rotting brain is clinging to tariffs, so in 3 months we'll be right back to where we are now. The moment the pressure lets up Trump will sneak back to the tariffs

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