Trump caves on his Chinese tariffs, but it’s too little too late!

The Trump administration announced on Monday that for the next 90 days, Dear Leader is lowering the insane tariff he placed on all Chinese imports from 145% to 30%—enough to appease the stock market but not enough to stave off a spike in inflation and pain for American consumers.

The Trump administration, for its part, painted the agreement between the U.S. and China as a “historic trade win.” However, Americans gained nothingfrom this stupid endeavor, as the agreement is merely a pause in the destructive tariffs so the two countries can talk—something that could have happened without having to have had a trade war that will have lingering impacts on the supply chain and prices for American consumers. 

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