Trump "pauses tariffs"

[BADecker]

When the tariffs are properly in place, and the dust dies down, there will be no more Federal income tax. Then all the people living on Social Security will be really envious of those who are working for a living. They might even go out and get a job just to feel good about not having to pay income tax any longer.

[paxmao]

I still consider Trump did all of this with the tariffs and the market do all went down so he and his billionaire buddies could buy stocks at discount and then cash out when a recovery took place. Of course, the recovery has to do with Trump pedalling back to not applying those sanctions and tariffs, so investors can get a little bit more comfortable, but not as comfortable as they used to be before Trump madness with tariffs.

It is very easy to profit from the stock market if you are the president of the United States and you are pretty much able to control the sentiment of investors at your will with whatever announcement you decide to make on macroeconomics...
In the end,.those who end up losing are the small investors and those whose retirement funds are directly dependant on the performance of the USA market..

Yeo, just too good of an opportunity to let it pass uh? People selling desperately their pension funds while anyone with a minimal insider information could be making 15% in two days (add any leverage of course to make it 150% in two days).

I am sure that somehow even Trump has made a fortune in some hidden accounts in the Caymans or wherever - it is just too easy, to juicy... who could resist to making risk free money.

[Kavelj22]

I still consider Trump did all of this with the tariffs and the market do all went down so he and his billionaire buddies could buy stocks at discount and then cash out when a recovery took place. Of course, the recovery has to do with Trump pedalling back to not applying those sanctions and tariffs, so investors can get a little bit more comfortable, but not as comfortable as they used to be before Trump madness with tariffs.

It is very easy to profit from the stock market if you are the president of the United States and you are pretty much able to control the sentiment of investors at your will with whatever announcement you decide to make on macroeconomics...
In the end,.those who end up losing are the small investors and those whose retirement funds are directly dependant on the performance of the USA market..

It's a disaster that politicians are so corrupt. Your analysis is logical and clear, but I still can't understand why investors think about profit in a way that makes the ship we are all on sink. No matter how much profit Trump's friends make, the damage to the local economy and the global economy, of which America is a part, cannot be denied. What I find most surprising is the silence of the political opposition. We have not heard them take positions that critics the gravity of the situation, or they are being kept in the media dark for the scheme to succeed.

[o48o]

-cut-
i did try to tell paxmao to try to do more research, gave him every opportunity. but he remains stuck in the circle he wishes to lay in

Maybe do little research yourself about the existing trade deals that trump is tearing up.

Now they are happy that South-Korea came to the negotiating table. Like it would be a win to get them back?

They had free trade agreement with USA that Trump broke, and now, after he calmed down from his tantrum, he is probably making a temu version of that same trade agreement that already existed in the first place.

And btw, that former trade agreement was backed up by congress, and this time president hasn't even mentioned going trough them, so they would be valid only trough trump term, meaning that next administrations aren't bound by these deals at all.

And this is going to be the case with everyone of them, to get that same deal back. Only because trump wants to take a credit of something, or because he wanted insider trading via market manipulation.
Only thing that's changing, is that rest of the world sees relationship with USA as abusive and unstable, and they are seeking other stable alternative partners.

[franky1]

-cut-
i did try to tell paxmao to try to do more research, gave him every opportunity. but he remains stuck in the circle he wishes to lay in

Maybe do little research yourself about the existing trade deals that trump is tearing up.

Now they are happy that South-Korea came to the negotiating table. Like it would be a win to get them back?

..

Only thing that's changing, is that rest of the world sees relationship with USA as abusive and unstable, and they are seeking other stable alternative partners.

maybe you should do some research
USA had the lowest tariff's for years on its imports from many countries, but other countries had higher tariff on goods from america being imported to them

so he is getting them to lower their numbers. AND more importantly get them to inspect their exports before sending them to america to ensure stuff is not just relabelled stuff from china

china have many factories everywhere to take advantage of both the hosting country and america. now he wants each country to make their own and not just be a sucker to china

..
good luck, but i feel you just think its a numbers game and nothing else is changing.. so yea time you check on a few things and why trump is pushing countries to come up with deals about things they can offer, not just a new agreed %

[paxmao]

-cut-
i did try to tell paxmao to try to do more research, gave him every opportunity. but he remains stuck in the circle he wishes to lay in

Maybe do little research yourself about the existing trade deals that trump is tearing up.

Now they are happy that South-Korea came to the negotiating table. Like it would be a win to get them back?

They had free trade agreement with USA that Trump broke, and now, after he calmed down from his tantrum, he is probably making a temu version of that same trade agreement that already existed in the first place.

And btw, that former trade agreement was backed up by congress, and this time president hasn't even mentioned going trough them, so they would be valid only trough trump term, meaning that next administrations aren't bound by these deals at all.

And this is going to be the case with everyone of them, to get that same deal back. Only because trump wants to take a credit of something, or because he wanted insider trading via market manipulation.
Only thing that's changing, is that rest of the world sees relationship with USA as abusive and unstable, and they are seeking other stable alternative partners.

And all that AFTER causing irreparable damage to many people's retirement, the reputation of the US, the livelihoods of millions...

This is what happens when a country get hypnotised for a Xtweeter snake oil seller. All the deals could have been negotiated or tariffs put in exactly the same way in a calm, measured and 100 times more effective maner. But that requires hard work and does not give you as much attention - Trump being a text-book narcissist just can't resist getting attetion - is like a zombie seeking brains to eat.

[BADecker]

-cut-
i did try to tell paxmao to try to do more research, gave him every opportunity. but he remains stuck in the circle he wishes to lay in

Maybe do little research yourself about the existing trade deals that trump is tearing up.

Now they are happy that South-Korea came to the negotiating table. Like it would be a win to get them back?

They had free trade agreement with USA that Trump broke, and now, after he calmed down from his tantrum, he is probably making a temu version of that same trade agreement that already existed in the first place.

And btw, that former trade agreement was backed up by congress, and this time president hasn't even mentioned going trough them, so they would be valid only trough trump term, meaning that next administrations aren't bound by these deals at all.

And this is going to be the case with everyone of them, to get that same deal back. Only because trump wants to take a credit of something, or because he wanted insider trading via market manipulation.
Only thing that's changing, is that rest of the world sees relationship with USA as abusive and unstable, and they are seeking other stable alternative partners.

And all that AFTER causing irreparable damage to many people's retirement, the reputation of the US, the livelihoods of millions...

This is what happens when a country get hypnotised for a Xtweeter snake oil seller. All the deals could have been negotiated or tariffs put in exactly the same way in a calm, measured and 100 times more effective maner. But that requires hard work and does not give you as much attention - Trump being a text-book narcissist just can't resist getting attetion - is like a zombie seeking brains to eat.

It took over 100 years for the corrupt Deep State to bring the US down to the levels of corruption that it has become. Trump taking the country back up to prosperity isn't going to happen overnight. But MAGA IS going to happen... is happening now... even if it upsets a bunch of European countries that have been getting a half-free ride from the US for decades.

[franky1]

And all that AFTER causing irreparable damage to many people's retirement, the reputation of the US, the livelihoods of millions...

you might want to check your numbers
the stock market(which pensions trade on) pumped at trumps election and dumped at trumps tariff announcement.. but overall the level is back to mid 2024.. it has not shrunk to pre millenium stock prices
so your "irreparable" exaggeration is just that.. major exaggeration.. as the correction is back to 2024 numbers
its not like the ftse100 went from ~8000 to 2000..
it went from 8000 to 8800 to 7600 to 8400

its not like the s&p500 from ~5700 to 1200..
it went from 5700 to 6100 to 5000 to 5500

what you will learn is on the international level of employers vs pension portfolio managers, many businesses didnt fully fund their employees contributions over many years
so when the pensions bubble finally bursts and true numbers are revealed of value held by pension managers missing.. it wont be due to stuff that happened in the last 6 months on the markets

[o48o]

-cut-
so he is getting them to lower their numbers. AND more importantly get them to inspect their exports before sending them to america to ensure stuff is not just relabelled stuff from china

china have many factories everywhere to take advantage of both the hosting country and america. now he wants each country to make their own and not just be a sucker to china
-cut-

I find this hilarious coming from a president who orders all his maga swag from china and similar cheap producers. Why do you think that is?

Thing is, everyone gets your point because it's not a difficult point to get. Here's a simplified example of what's happening (using pizzeria as a metaphor):



Also Trump doesn't seem to get that rest of the world is also buying ton of services from U.S. Not every buy needs to be a car or something.

And if you think that rest of the world have no bargaining power over U.S., then think twice.

China owns 6,9% of US treasury bonds. Count in Japan and EU, and think what would happen if all of them start to dump them in the market with strategic timing.
Who do you think is buying their new bonds in the future when Trump messes up everything.

[Kavelj22]

The tariff war is not new. It only came to light during the Trump administration because he exaggerated the implementation of these policies, influenced by populism. The United States has long used tariffs as a weapon, and analysts are well aware that since the financial crisis in 2008, there has been an American tendency to adopt new pressure strategies as an alternative to military blackmail through force of arms.

All reports indicate that the policy of raising tariffs began with Barack Obama and continued with both Trump and Biden, and continues with Trump. There is only a difference in the method of implementation. However, the general direction of American foreign policy is clear.

[Kelward]

The tariff war is not new. It only came to light during the Trump administration because he exaggerated the implementation of these policies, influenced by populism. The United States has long used tariffs as a weapon, and analysts are well aware that since the financial crisis in 2008, there has been an American tendency to adopt new pressure strategies as an alternative to military blackmail through force of arms.

All reports indicate that the policy of raising tariffs began with Barack Obama and continued with both Trump and Biden, and continues with Trump. There is only a difference in the method of implementation. However, the general direction of American foreign policy is clear.

I'm sure that Trump, thought that the global economy revolves around the influence of America, but clearly it is backfiring. I can understand if previous administrations were discreetly implementing tariffs to have a balance of what comes into their country. But Trump's full blown tariff war has shown that the the American economy cannot be self sufficient for them. Trump, has been vocal about tariffs before his second term and he wanted to do his talks but it didn't quite work out the way he planned. This is the reason why he had to pause the tariff, surely to restrategize his plans, we'll wait and see what happens after the expiration of the 90 days.

[fuguebtc]

I'm sure that Trump, thought that the global economy revolves around the influence of America, but clearly it is backfiring. I can understand if previous administrations were discreetly implementing tariffs to have a balance of what comes into their country. But Trump's full blown tariff war has shown that the the American economy cannot be self sufficient for them. Trump, has been vocal about tariffs before his second term and he wanted to do his talks but it didn't quite work out the way he planned. This is the reason why he had to pause the tariff, surely to restrategize his plans, we'll wait and see what happens after the expiration of the 90 days.

Along with China and Russia, the United States is also a self-sufficient country. Compared to China, the country considered the world's factory, the US cannot compare in terms of domestic production, but don't underestimate them. They have abundant resources such as energy, high-quality labor and especially technology...so they can be self-sufficient. But because they are the world's largest consumer economy at $17 trillion a year, they need to import more goods to ease the burden on domestic production. They have some domestic manufacturing industries and can be self-sufficient without imports, especially agriculture and food.

Moreover, the world economy still really revolves around them, we have not yet escaped the control and dependence of the US. The global dominance of the USD is still high, the Fed is still the deciding body of the world economy...how can we say that the world has stopped depending on them when looking at these things?




https://x.com/worldranking_/status/1912388654552568024

[Kavelj22]

The tariff war is not new. It only came to light during the Trump administration because he exaggerated the implementation of these policies, influenced by populism. The United States has long used tariffs as a weapon, and analysts are well aware that since the financial crisis in 2008, there has been an American tendency to adopt new pressure strategies as an alternative to military blackmail through force of arms.

All reports indicate that the policy of raising tariffs began with Barack Obama and continued with both Trump and Biden, and continues with Trump. There is only a difference in the method of implementation. However, the general direction of American foreign policy is clear.

I'm sure that Trump, thought that the global economy revolves around the influence of America, but clearly it is backfiring. I can understand if previous administrations were discreetly implementing tariffs to have a balance of what comes into their country. But Trump's full blown tariff war has shown that the the American economy cannot be self sufficient for them. Trump, has been vocal about tariffs before his second term and he wanted to do his talks but it didn't quite work out the way he planned. This is the reason why he had to pause the tariff, surely to restrategize his plans, we'll wait and see what happens after the expiration of the 90 days.

Everyone is expected to sit down at the negotiating table (including China), and countries economically harmed by the tariff increase will seek some concessions to avoid further economic hardship. Let's not forget that American imports are very important to all countries affected by the tariffs, and Trump will continue to exploit the tariffs for further political blackmail.

[paxmao]

[...]



https://x.com/worldranking_/status/1912388654552568024

Interesting caption. This is not how much countries depends on US - or else we could argue that this is how much the US depends on other countries to get the goods they need at the price they can pay.

There are millions of US citizens that will struggle to pay the price of anything produced in the US, so they depend on Mexico, China, Vietnam... to make ends meet.

Trade is not dependency, it is interdependency. It is true that the world tends to be a buyer's market in most items, but usually stuff is produced elsewhere because of many good reasons.

[uchegod-21]

What is the best thing about the tariff policy of the US? That it is as inconsistent as anything else produced by the current administration.

Trump paused the policies except against China just a few hours ago. But the damage to the credibility is done and the companies and people do no longer percieve a predictable environment for their purchases and investments. Damage done, gain =0

https://www.independent.co.uk/news/business/tariffs-trump-china-ftse-uk-eu-stock-markets-latest-news-b2729924.html

ariffs live: Trump says he issued 90-day pause because people were ‘yippy’ and ‘afraid

I like leaders that dare;
I like leaders that try;
Assuming Trump succeeded in cowarding China, it would have been a win situation for US. For the fact that he tried made him understand that he will not succeed. He could go again next time by then he must have understood so many things and how to succeed.

I knew there will be backblow because Trump was too radical about it. His body language towards cryptocurrency was very good but his radical approach towards taxation didn't allow it to be sustainable. I wish the tariff was could just end entirely.

[franky1]

though the $$ amounts china spends towards the US are low 'dependency' of the US($$ measured). the mineral/resource type is more important, weight measured

did you know china is reliant on the US for butane and propane(by-products of US fuel industry so sold as 'waste' prices) (underlying ingredients that make plastics and rubber) and other unrefined minerals, which the US sends to china to be refined and made into materials

even rare minerals which china refine into magnets and metals

yep america send unrefined base ingredients to china literally "dirt"/"waste" cheap. knowing china can refine and make it into useful stuff cheap, which china then sell back to america at profit. but still cheaper than america refining it into a useful material to then manufacture into a retail ready product

separately

though cost per product are low. china is reliant on america for "western products" sales EG china does not culturally do much western christmas stuff.. and with china's population lacking children. chinese industries making things like christmas tree's, decorations, and western toys end up being useless to resell domestically within china or other asian or non christian based cultures. so when making western christmas stuff and western toys, china is reliant on the west to sell it too


big picture stuff yet again

america doesnt actually want to do full: rare mineral->retail product (full production end to end domestically..)
they still want other countries low labour to do the early stages and america finish off the assembly end stage of production..
(hint if america wanted everything domestic they would just shut off all imports and not need negotiations that will last decades)

what america really want is to rip up the old trade deals that made US reliant on china, rip up the deals that china drew, which out competed other asian countries
because china is not the cheapest, yet they are locked in..
so america are re-writing the trade deals, decentralising the supply chain reliance on china. allowing other countries to bid for the space as "factory of the world"

EG vietnam and india are cheaper than china so america can make deals to directly use those countries without chinese involvement, which would also be better for vietnam and india's economy to grow and prosper and benefit america

alot of people think the "trade deals" are the tariffs.. or the "tariffs" are the trade deals.. wrong on both parts. the tariffs are just the side tool to get those involved to renegotiate the actual trade deals

lets take a short history lesson of how china won the trade deals and become the factory of the world using a demo scenario(numbers not accurate its just a demo)

imagine sports brands, politicians and fashion establishments wanted baseball caps
production costs 1990's (US:$1 vietnam&india:$0.50 china:$0.70)

what china done was, their government subsidised the baseball cap industry to produce caps for $0.35 and flooded the markets of vietnam and india to kill the asian competition. sometimes taking over strategic companies in vietnam&india to be chinese owned but vietnamese worked..
then when china majority control the ASEAN baseball cap industry
would then flood the US market with $0.80 caps. making the US decide to rely on asian made caps. killing off US cap manufacturing.
then getting the US fashion industry to sign into supply contracts to get caps cheaper than US cost if they agree to non-compete contracts where asian industry(chinese controlled) become the official brand suppliers for next XX years
once signed.. and over the years china raise their prices

production costs 2020's (US:$4 vietnam&india:$1 china:$2.80)
america 1990-2020's wasnt starting a new manufacturing facility as a US owned factory in vietnam to get prices down to $1 because of trade deals of giving chinese owned factories the contracts of official supplier for XX years

so america are now trying to break/renegotiate the contracts. stranglehold china and get caps direct from vietnam and indian owned factories in partnership with america cheaper than US/china made caps by allowing vietnam and india to bid for new trade deal of being suppliers of caps, with conditions that they are not just chinese puppets doing shipment laundering of goods

the tariffs are just the carrot and stick to get countries to the negotiation table, whereby countries can come to the table with their best offers of becoming suppliers of certain goods as a long term contract

emphasis
countries ar not coming to negotiation tables just to barter a %tariff number.. they are coming to the negotiation table to get trade deals of offering their country as new supply chains as long as they border control the influence of china. to stop china from doing their re-shipping/re-labelling/laundering tricks again

trade deals are also partnerhips/agreements to border control against migrants and illicit drugs and their ingredients, peace deals of anti-war stuff, non compete stuff, acess to mining area's, etc etc
in short the trade deals are more involved then the simple minds think. its not bartering tariffs. its about becoming trade/supplier partners and border control partners at the international level

[paxmao]

though the $$ amounts china spends towards the US are low 'dependency' of the US($$ measured). the mineral/resource type is more important, weight measured

did you know china is reliant on the US for butane and propane(by-products of US fuel industry so sold as 'waste' prices) (underlying ingredients that make plastics and rubber) and other unrefined minerals, which the US sends to china to be refined and made into materials

even rare minerals which china refine into magnets and metals

yep america send unrefined base ingredients to china literally "dirt"/"waste" cheap. knowing china can refine and make it into useful stuff cheap, which china then sell back to america at profit. but still cheaper than america refining it into a useful material to then manufacture into a retail ready product

separately

though cost per product are low.
[...]


big picture stuff yet again

america doesnt actually want to do full: rare mineral->retail product (full production end to end domestically..)
they still want other countries low labour to do the early stages and america finish off the assembly end stage of production..
(hint if america wanted everything domestic they would just shut off all imports and not need negotiations that will last decades)

what america really want is to rip up the old trade deals that made US reliant on china, rip up the deals that china drew, which out competed other asian countries
because china is not the cheapest, yet they are locked in..
[...]
emphasis
countries ar not coming to negotiation tables just to barter a %tariff number.. they are coming to the negotiation table to get trade deals of offering their country as new supply chains as long as they border control the influence of china. to stop china from doing their re-shipping/re-labelling/laundering tricks again

[...]

This is a common conception - "China produces cheap and at a low quality". Let me show you a video that I found clarifying on that regard, this is Apple's CEO, so again I tend to believe him more than I believe "Franky".

https://www.youtube.com/watch?v=L9f5SQQKr5o

There is a common misconception about why companies come to China....[...] the tooling skill is very deep here [...] the vocational expertise (speaking of tooling engineers) is very deep here.

Yes Franky, as I said many times, there is a good reason why things are being built where they are built. You cannot replicate the skills, the abundance of labour and the ecosystem to produce the high-value added.

You want to "rip the deals", sure... you will mostly find that the deals where there for a reason and they were right for the US. Trump is not going to make new deals that are better for the US, he will make the deals that are good for him and a certain number of people in the US - of his choice.

On regards of using a metric of import based on "weight" instead of value added... again wrong thing to do.

[fuguebtc]

Trade is not dependency, it is interdependency. It is true that the world tends to be a buyer's market in most items, but usually stuff is produced elsewhere because of many good reasons.

I agree with this , our world is a closely linked chain and each country is a link , no country can exist in isolation .  But we also need to acknowledge the power and influence of the US in the world economy.

They have a GDP of up to 28 trillion dollars and account for 27% of global GDP, they have the largest consumer market in the world of up to 17 trillion dollars and account for more than 28% of the total consumption of the world market each year .  That is also the reason for the trade deficit between the US and the world.

Frankly, I am sick of the prospect of a unipolar world largely dependent on the US or its dominance . But I cannot deny that they are still the center of the world in every field and it will take a long time for us to get rid of our dependence on them .

[franky1]

paxmao
i really wishyou would take the time to think inbetween posts
im trying my best not to spoon feed you walls of text explanations and hoping you learn to feed yourself from more sources with proper research rather than just asking a new mommy(lame media) to be spoonfed by
im not even trying to get you to just beleive me. i prefer you look for your own real sources and think for yourself without being spoonfed

but it seems you prefer spoonfeeding and want wall of texts. so heres one for you

Yes Franky, as I said many times, there is a good reason why things are being built where they are built. You cannot replicate the skills, the abundance of labour and the ecosystem to produce the high-value added.

You want to "rip the deals", sure... you will mostly find that the deals where there for a reason and they were right for the US.

i dont want to rip anything. kinda weird you are playing this game as if im american and invovled in the deals. im just trying to teach readers how things work in the real world. by getting people think for themselves beyond lame media

when people actually do research, what they learn is deals with china are not due to china having the best skill/labour/cost. its due to shell games of bait and hook tricks and how china dupe countries into offering licence deals to lock us-trade into relations. relations locked for decades.

lets take the history of trade deals
decades ago when america did produce in america more often. china would produce similar products, and then subsidise it at a under cost price. and then flood the US market, this caused US domestic produced demand to drop in exchange for foreign import demand. the chinese government subsidised its exports to be way cheaper than even other asian markets to kill off the other naturally cheaper asian competition. yep even if america decided to take foreign goods and found vietnam cheaper than china naturally. china just offer it even cheaper to kill off vietnam prices.

this lead to the US becoming dependant on china and then china drew up some contracts of being the US main supply of certain goods. EG the official IP licence supplier of well branded shoes, where the contracts are not bi-monthly ordering. but multiple decade long trade partnerships, locking US shoe manufacturer into dependancy on china after making them their main trade partner.
china then slowly put the prices back to profitable status for china, meaning higher than vietnam.. but then its too late china is their trade partner supplier licenced to produce their goods. china could and have then bought up vietnam manufacturers to do the work cheaper. but then re-ship it via the chinese name to america so china take bigger profits but the US business is stuck buying from the chinese rather than direct deals with vietnam

america want to rip up the deals and find better and more honest and real value suppliers, and not be dominated by one supplier. but have buffer of several suppliers in different area's. its not just about cost reassessment its also decentralising risk should any one supplier have issues which could halt all supply in one go

there is more then one reason why businesses dont want to be locked to single suppliers and now want to decentralise and make efficient supply decisions
as it adds to market competition rather then forced to pay what ever an official single supplier demands

Trump is not going to make new deals that are better for the US, he will make the deals that are good for him and a certain number of people in the US - of his choice.

On regards of using a metric of import based on "weight" instead of value added... again wrong thing to do.

what you will actually find, once you turn off your lame media stream. is that trump is just the media face. its his cabinet team that are working out the deals and those deals also include the big names of industry
EG if bestbuy wants good deals on refrigerators and TV's then the cabinet is speaking with the big box retailers aswell as the asian countries that can offer goods cheaper, more reliably and decide if the deals should be to get retail ready goods from cheaper countries. or do long term deals for just parts and then have US assembly

as for using a metric of weight.
im not suggesting change the markets to cost things by weight.. im saying inside your head imagine the difference of how trade volume looks when you look at things through a different lens
EG 2 shipping containers. one contains ONE imported car at $60k the other contains 20,000 iphone cases at $1 each ($20k)
though the second container has less $$ value.. the second container supports the demands of 20,000 peoples needs as oppose to one consumers need

now lets take minerals/resources
though america dont sell much goods in $$ to china. what america does is sell its oil refining byproduct to china cheap/at cost..
historically america seen it as just by-product waste of the oil industry. and the costs of more refining to then do plastics was not cost effective, but they still needed to get rid of the toxins from its land.

but that byproduct actually becomes the dependant ingredient of most of china's plastic production
without US exporting its byproduct waste of oil refining to china. china's plastics industry take a hit. especially making many factories in china shut down

so when you stop looking at the 'deficit' in $$. and instead actually look at the goods involved and the weights/unit count(other metrics)the actual details are different, you start to see the dependencies china has on america

so when looking at the $$ people think china is not dependant on US exports to china (chinese imports from US) when you look at what is being transfered to china you start to see WHAT is important to china. not how much $$ is not important to china.

china got very good deals on ingredients of the plastics industry from the US because the US was selling it at cost/loss just to get rid of the waste and avoid US landfill/pumping it into the atmosphere. but measured as a weight you see how dependant china is/was on these US resources of propane and ethane

and now the us want better deals of making a profit from those ingredients.. which this last few weeks has seen china break down and accept lower tariffs for propane and ethane.
EG US can raise the price of propane exports and then china lower their tariff on receiving propane to a point both sides find an agreeable amount that benefits both sides

[Muba20]

Trump could not do what he wanted, but what he did certainly made the people and other countries of the world lose faith in him. Such an initiative will never bring anything good. But I am concerned about why he did not review the positive and negative aspects of it before taking such an initiative. Did those who are with him and who are advising him not also review this issue or does he implement whatever he thinks? Undoubtedly, Trump's behavior is not benefiting them but harming them. Other countries are already guessing a lot about his intentions and what he wants. In the future, countries will definitely be on alert to deal with such situations. Although small countries may not be able to do anything, countries like China will definitely be alert in advance regarding this issue.