LOL a framework was agreed on, It is a beautiful framework, the most beautiful framework anyone has ever seen.
American and Chinese negotiators agreed “in principle” to a framework
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All of it is a negotiation. Including LA. It is driving the opposition nuts. But the public wants leverage to get things done.
We will still see a market slide for more than 1 year if not 3 years. Tariffs with China were fixed at 55% yesterday.
The corporate taxes are not being lowered in the beautiful bill. Later I’d bet corporate taxes go up.
If you say blue I will say red. We will end up with a go green. While we rip down trees and fueling ICE cars. We still can’t simply make a line from A to B.
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They received magnets from all the negotiations with China, the same magnets we had before the tariffs were put on. So be happy, you have exactly what you had before this all started. What a great negotiation.
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It’s called TACO for a reason. 
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Let’s see he got the magnets and upped the tariffs.
Not sure about this TACO. Is the beef rancid?
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It is TACO Wednesday. Accomplish nothing and declare victory.
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You’re kidding, he is doing damage.
TACOs for everyone!
On a serious note, Trump is surrounding China. We are after the steel and aluminum industries.
What were you expecting? A full fledged trade deal? That will take months, probably a year to 18 months. This framework will be marketed as a deal so that the markets don’t freak out… and give some ramp for Trump to cut tariffs further.
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I thought that was what they did in Geneva. You mean they have to do the same thing over and over again? They have a name for that.
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Yes. Typically, when a trade deal is negotiated until you have the new deal, there is an existing deal. Now, trump in his profound wisdom slapped 145% tariff. So, until they have a new full fledged deal, there are going to be many “deals”… in reality, these are just a series of conversations towards the final deal.
No one wants to call trump on that, because they are worried that Trump might wake up in the middle of the night and slap 145% tariff, just to spike the ball…
So you are married to the devil, you dance to its tunes…
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LOL you are not understanding what I am saying. They just negotiated the same Deal again that they had in Geneva. They agreed to honor the trade truce already agreed to. So I agree to agree to the same thing I agreed to in Geneva.
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Trump is not interested in cutting tariffs on Chinese goods and services ever again.
We can not risk the enrichment of China economically or militarily. Won’t happen.
It is not the same deal. Tariffs were increased.
We have seen enough to know… He earned TACO.
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No they weren’t. He increased them to 145% after Geneva, that is why China refused us magnets. Now they took them back to 55%. I know it’s confusing but we now have the same treaty that was done in Geneva.
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Everything is negotiating except for China getting a deal.
Inventory is going to wind down.
Don’t rely on the wsj
I hope everyone wakes up to the fact, that Trump actually massively screwed up with China. Right now, media is so scared to talk. When Trump decided to come down from his nonsense mountain of 145% tariff, was it because China was totally defeated and they begged for reduction or retail CEO’s went to WH and told Donald, we are going to have empty shelves in 4 to 6 weeks, you need to step back…
which one was it?
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Or the interests that those retail CEOs owe money to made a phone call.
Steve
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Neither
Our economy is dependent on raising corporate taxes
Cutting off china is just a war delay.
Leap, that is your mantra, and you do repeat it faithfully, but I doubt anyone near the brains (!?) of POTUS nor COTUS has any comprehension of your meaning, let alone has any intention of doing anything.
If you are saying that this MUST happen and so it will, well, that is what I thought about a long list of stuff from stopping Brexit to drowning half of Congress like cancerous kittens….
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