Krassencast - Protecting Democracy During Trump 2.0

Krassencast - Protecting Democracy During Trump 2.0

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Trump LIED - There is NO China Trade Deal - Just A Roll-back of Liberation Day Tariffs
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Trump LIED - There is NO China Trade Deal - Just A Roll-back of Liberation Day Tariffs

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Krassenstein
May 12, 2025
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Krassencast - Protecting Democracy During Trump 2.0
Krassencast - Protecting Democracy During Trump 2.0
Trump LIED - There is NO China Trade Deal - Just A Roll-back of Liberation Day Tariffs
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BREAKING: Trump Claims Trade “Deal” With China—But It’s Just a Pause Button on His Own Tariff Disaster

Let’s call it what it is: a glorified timeout.

Yesterday, President Trump and the White House triumphantly announced what they labeled a “historic” trade deal with China. The problem? There’s no deal. No signed agreement. No sweeping breakthrough. Just a 90-day rollback of some of the very tariffs Trump himself imposed—and a temporary one at that.

For months, the world has watched a reckless tit-for-tat between the U.S. and China, with tariffs ricocheting back and forth like a ping-pong match between two drunk uncles. It started in April when Trump slapped a 34% tariff on Chinese imports—then dialed that up to a mind-numbing 145% days later. China struck back with 125% tariffs of their own on American goods. Farmers, manufacturers, and consumers alike were left staring at empty spreadsheets and inflated price tags.

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Economists warned us all: hit 50% or higher, and you start breaking things that can’t be fixed. Supply chains unravel. Trade partnerships fracture. And trust? Gone.

Now, after turning the heat up to maximum boil, Trump is patting himself on the back for turning the stove down slightly—but only for 90 days. And let’s be clear: that’s not peace. That’s procrastination.

Chief Asia economist Mark Williams called the move a “substantial de-escalation,” and he’s not wrong. Any pause in this economic cage match is welcome. But let’s not mistake de-escalation for resolution. U.S. tariffs on Chinese products still remain far higher than those on most major trade partners, and the underlying strategy—economic decoupling from China—is still very much in play.

So what happens next? Likely, more uncertainty. More volatility. Maybe another round of tariffs once this temporary pause expires. And meanwhile, American businesses that depend on Chinese manufacturing—or on access to Chinese consumers—remain stuck in limbo, unable to plan beyond the next tweet from the White House.

Even U.S. Treasury Secretary Scott Bessent, Trump’s own guy, admitted that the economic relationship is shifting. But shifting toward what? Isolation? Retaliation? Or just more headlines with no follow-through?

Senator Chris Murphy has already called out the administration’s announcement for what it is: spin. China hasn’t confirmed a deal. There’s no paper trail. Just a promise to chill—for now.

Here’s the bottom line: Trump picked a fight, set the house on fire, and now wants credit for pointing a garden hose at the flames. The next 90 days won’t tell us whether we’ve solved the trade war—they’ll tell us whether this administration is finally ready to lead with strategy instead of stunts.

But if history’s any guide, don’t hold your breath.

Share this if you're tired of watching Trump light economic fires and expecting applause for the smoke break.

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Krassencast - Protecting Democracy During Trump 2.0
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Trump LIED - There is NO China Trade Deal - Just A Roll-back of Liberation Day Tariffs
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Discussion about this post

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Peter Roest's avatar
Peter Roest
7d

Trump lied?!?!?! But that hasn’t happened since the last time he opened his mouth!!

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Louise McDevitt's avatar
Louise McDevitt
7d

Stop letting him manipulate us with his lies. Call him out.

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