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Trump's China trade deal is better than
expected. Will his critics admit it?

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Posted By: gaboy, 5/13/2025 3:25:19 PM

Stock markets soared May 12 after President Donald Trump announced a temporary trade deal with China. The move eases concerns at least for now about the softening economy and fears of a fresh round of inflation. It also raises important questions: Will Trump seal a permanent deal? If he does, will his critics recognize that his gamble on tariffs paid off? News of the trade agreement sent stock markets soaring. The S&P 500 climbed more than 3%, the Dow Jones Industrial Average surged more than 1,100 points and the Nasdaq Composite rose more than 4.3%. Stock analysts told USA TODAY that the trade deal means record highs

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Reply 1 - Posted by: crashnburn 5/13/2025 3:58:46 PM (No. 1949311)
I don't feel sorry for the people who panicked and sold when the market tanked because of doomsday propaganda about PDJT 2.0's tariffs. I mostly stayed pat and bought a few shares at fire sale prices. Now those same "investors" will be buying back in at market highs after selling at market lows. If they can't handle volatility, they shouldn't be invested in the first place. The market has always recovered from downturns, and I expected it would rebound from the tariff panic. I was surprised, though, about how fast it recovered.
3 people like this.

Reply 2 - Posted by: BeatleJeff 5/13/2025 4:00:46 PM (No. 1949312)
Will they admit it? Ha ha ha ha ha NO! The libtards are so invested in their hopes and dreams that Trump fails that no matter how successful and beneficial his actions are, they're going to schiff all over him.
6 people like this.

Reply 3 - Posted by: laurenc 5/13/2025 5:36:42 PM (No. 1949348)
I saw a Dem spokesperson today on TV. When confronted on Trump's succesful deals, said "What about all the schools and hospitals that are going to close because of his policies?" You can't fix stupid.
2 people like this.

Reply 4 - Posted by: Kafka2 5/13/2025 9:45:39 PM (No. 1949420)
Let’s recap what happened. President Trump raised tariffs as a bargaining ploy to get fair trade agreements. Economists fell all over each other predicting this would result in a recession, if not a depression. What happened? The economy is soaring. I believe all those economists don’t know what they are talking about. So much for these superior “experts.”
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