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Re: Trump orders 90-day pause on new tariffs except for China

By: monkeytrots in GRITZ | Recommend this post (0)
Wed, 09 Apr 25 8:51 PM | 12 view(s)
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Msg. 06523 of 06907
(This msg. is a reply to 06521 by De_Composed)

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90 day pause on new - blanket 10 percent on all those that agreed to negotiate still in effect.

China increased their tariffs on US to 84 percent, Trump responded with immediate (ie today) increase to 125 percent on Chinese imports.
Source current news radio - fox feed.

The pause of 90 days is the reason for the spike up in US stock market.

Price of oil is DOWN again by 3.8 percent today to 57.26 for WTI - Saudi's announced 14 new finds for a piddling 8,000 barrel a day increase in production, and a small amount of natural gas.
http://oilprice.com/Latest-Energy-News/World-News/Saudi-Aramco-Makes-14-New-Discoveries-as-Oil-Prices-Bite.html

My favourite oil company stock is UP by a bit today on moderate to heavy trading - CTRA - pays 3.46 percent Annual dividend on a steady (3-4 yr) record.




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The above is a reply to the following message:
Trump orders 90-day pause on new tariffs except for China
By: De_Composed
in GRITZ
Wed, 09 Apr 25 7:48 PM
Msg. 06521 of 06907

I haven't yet found a written story...


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