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nitpicked

(1,318 posts)

15. Per CNBC, this is the level that existed before all the tariff changes

Wed Jun 11, 2025, 11:55 AM

Jun 11

https://www.cnbc.com/2025/06/11/us-china-trade-tariffs-lutnick.html

Commerce Secretary Howard Lutnick said Wednesday that U.S. tariff levels on Chinese imports will not change from their current levels, even as a trade deal between Washington and Beijing has yet to be finalized.

Asked on CNBC’s “Money Movers” if the current U.S. tariffs on China are not going to change again, Lutnick replied, “You can definitely say that.”

President Donald Trump said in a Truth Social post Wednesday morning that U.S. duties on China will total 55% — but a White House official told CNBC soon after that that figure is not new.

Rather, it comprises the existing 30% blanket U.S. tariffs on China, plus the 25% tariffs on specific products that also were already in place, the official said.
(snip)

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Highlight:

Trump: Tariffs on Chinese goods set at 55 percent, US to get rare earth minerals in deal [View all] BumRushDaShow Jun 11 OP

Why would Xi agree to this? Sounds like more bs. travelingthrulife Jun 11 #1

More gaslighting.............. Lovie777 Jun 11 #3

He didn't. Trump is lying. Wiz Imp Jun 11 #12

Ditto! I see no reason for China to agree to anything Trump wants! ananda Jun 11 #16

This is supposed to be a deal? C_U_L8R Jun 11 #2

The worst 😡 benfranklin1776 Jun 11 #8

55% is huge JBTaurus83 Jun 11 #4

There is no way that this is the actual deal Diraven Jun 11 #5

And pretending he wanted Chinese students to stay...lol travelingthrulife Jun 11 #6

Taco has done it again. 55% is way too high. Inflation will fly. OLDMDDEM Jun 11 #7

what is that smell? stillcool Jun 11 #9

Well isn't that nice prior to the 34 count fraud supposedly getting back into office and being granted immunity to turbinetree Jun 11 #10

De Minimus? OC375 Jun 11 #11

If Mr. trump said it, then I remain skeptical on its veracity Torchlight Jun 11 #13

CNN: Trump's China 'truce' is nothing of the sort SunSeeker Jun 11 #14

Per CNBC, this is the level that existed before all the tariff changes nitpicked Jun 11 #15

Meaning he raised our taxes Yo_Mama_Been_Loggin Jun 11 #17