Trump 10% Tariff on Antigua and Barbuda on hold for 90 days

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TRUMP

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CABINET NOTES: The Cabinet held discussions on the policies announced by the US President on “Liberation Day” last Monday, with great fanfare. On Wednesday, however, the Cabinet learned that an agreement to suspend the implementation of the US Tariffs has been agreed for a period of ninety days.

Meanwhile, finance markets all over the world in response to the increase in tariffs have begun shedding stocks and losing trillions of dollars.

Antigua and Barbuda and other Caribbean countries were to have a ten percent tariff placed on the minuscule quantum of exports to the US; that too has been put on hold for ninety days.

There is great chaos and confusion as a result of the uncertainty generated by the announcement on Monday, although many nations began planning defensive actions in order to limit the harm to their industries that export to the United States.

No new word yet on the further tightening of sanctions against Venezuela and Cuba.

But several programmes utilizing credit from Venezuela on the purchase of petroleum are likely to be adversely affected by the new US trade embargo against Venezuela.

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10 COMMENTS

  1. Trump: Tariffs work!!!! It’s gonna work it’s gonna be great we’re gonna bring back jobs to America. Bring back the factories to America and stop being cheated by China….We are gonna Make America Great Again you sons of b****es…MAGA!!!!!

  2. My understanding is there will be 10% baseline still active it’s not 0% anything above 10% will be paused and defaulted to 10% for 90 days. who know it could change since EU hits USA with 25%

  3. Some say the chaos, calamity and tumult are all a part of the “art of the deal.” One thing I know. The world wishes that the end of the four years was next week.

  4. @The world is a messed up place: Yeah, Trump’s tariffs working so well that his MAGAts are all turning against him. They’re losing their farms and crying on TikTok. They’ve lost their jobs and some have already committed suicide In the meantime, Trump enriches himself and the billionaire robber barons by deliberately playing with the stock market. If you think Trump gives a rats ass about you, think again.

    https://youtu.be/9NKPccIBAQo?si=v1OUl67BEuSm6kuj

    https://www.tiktok.com/t/ZP8jhoXkv/

  5. @ FAFO MAGAts! sigh……….lemme break it to you because I don’t think you are aware of the fact that Trump nor the president before or the one coming after him gives a rats ass about us….Let it sink in..Obama was given a chance to shut black people up about all presidents being white didn’t really do much for back people as expected….Biden just wanted to end his career as president and he did. He was a frail aged man and his VP was there as a mascot to get black votes…Trump is there to rock the foundation and pave the way for more radical US presidents….Sit back and enjoy the show my friend we will all face nuclear destruction together..

  6. I’m aware that Trump is playing with the stock market to enriching himself and the billionaire class — while socking it to the MAGAts and the rest of the world.
    The nuclear destruction will come because of Trump. But in the meantime, Trump is not going to anything to improve the lives of his fans (like you), the MAGAs nor any poor schlob.

    Btw, the only president that a civilian was able to get into an elevator with without secret service was Obama — Barack knew that was warning shot.
    Black people’s expectations of Obama was too high. If they had listened to his rhetoric when he ran instead of focusing on his completion, they would have realized he wasn’t going to do what they expected or wanted. I’m aware of the hidden hand that controls all these puppets. But some are given more leverage than others.

  7. Hey wait a min FAFO MAGATS I aint no damn Trump supporter…I just find he is very entertaining and unintentionally funny majority of the time…I do not believe in the democratic nor republican party. The democrats try to distract while fulfilling their agenda…The previous democratic regime obviously faced all the topics Trump admin has been faced with. Certain topics like border crisis and illegal aliens are topics that have been on the table for decades and the democrats say shut up about it because we don’t wanna look bad and seem like racist. Every problem that Donald Trump has addressed believe it or not has been there long before 2016. In terms of this tariff trade war situation I believe Trump was not advised or as per normal he did not take advice on how to go about imposing these Tariffs.

  8. @ this world is a messed up place. I never said you were a supporter of Trump; Ibdaid a FAN.
    Obama deported the most immigrants in the history of Presidents. Biden also deported more than Trump did in his first term. People aren’t aware of these facts because no hoopla were made about them. Trump isn’t the only President to impose tariffs but, no other President did it in a way to piss off the other countries, particularly the US allies and neighbors. At and the end of the day, none of what he’s doing is going to MAGA. America is going to be isolated and have lost the trust that other countries had in it. What Trump just did with his declaration of more tariffs was to wipe out the working class 401Ks, 403Bs, pension funds of the working class while simultaneously made the multi-millionaires and billionaires even richer. Charles Schwab made $2 billion on that insider pump and dump tariff scheme yesterday.
    He had no choice other than to halt his BS scheme because China and Japan were quietly DUMPING THEIR US BONDS.

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