The U.S.-China trade saga is more dramatic than a reality TV show, complete with tariffs, truces, and enough economic jargon to make your head spin. President Trump’s recent “not sustainable” remarks have left markets clutching their pearls, because nothing says “calm” like a 145% tariff that could hypothetically cause altitude sickness. 🏔️
“Tariffs Not Sustainable” (Because Nothing Ever Is, Obviously)
In a Fox Business interview that felt less like a policy discussion and more like a therapy session, Trump declared the tariffs “not sustainable.” Spoiler: They’re still in place. But hey, he blames China for “ripping off our country for years,” which is a compelling narrative if you ignore the fact that he once said they were “very unfair” and then immediately threatened them with more tariffs. Classic.
“It’s not sustainable,” he said, as if he invented the concept of sustainability. “But that’s what the number is, it’s probably not, you know, it could stand, but they forced me to do that. I’ve always had a great relationship with them but they’re always looking for an edge. They ripped off our country for years.” 🤷♂️
The 90-day truces between these two economic titans are like dating someone who keeps breaking up and getting back together. The latest one expired on November 10, unless extended-because nothing says “commitment” like last-minute extensions. Meanwhile, China responded to U.S. tech restrictions with their own measures, proving that trade wars are just grown-ups playing “I’ll do better next time” on a loop.
“They’re always looking for an edge. They ripped off our country for years.”
“China – boy, they did a number on our country. They took money out. Now, it’s reversed.”
“We have a very strong adversary and they only respect strength.”
EXCLUSIVE: President Trump talks trade…
– Fox News (@FoxNews) October 17, 2025
While the truce was supposed to be a “cooling-off period,” the talks stalled faster than a TikTok trend in 2019. New U.S. tech restrictions? Check. Chinese retaliation? Check. Global markets: panicking like they’re in a rom-com finale. 💔
Trump Confirms Meeting with Xi-Because Drama Needs a Sequel
Trump confirmed a meeting with Xi Jinping in two weeks, after previously hinting at canceling it. Because nothing says “diplomacy” like a last-minute plot twist. He claims they get along “well,” but let’s be real-this is a meeting where everyone will smile through clenched teeth and no one will mention the tariffs. Still, he insists any deal must be “fair,” which is code for “I want what I want and I’ll take it slowly this time.”
Investors are watching like hawks, because nothing says “stability” like geopolitical brinkmanship and a crypto market that’s basically a rollercoaster with a PhD. 🎢
Crypto Markets: Volatile as a Teenage Emotion
The crypto market, which thrives on chaos and caffeine, dropped to $103,500 before bouncing back to $106,000 post-Trump comments. Meanwhile, S&P 500 futures staged a comeback that would make a rom-com lead blush. Because of course they did-why settle for consistency when you can have emotional whiplash? 😅
BREAKING: S&P 500 futures erase losses as President Trump says high tariffs on China will NOT remain.
Futures are now +75 points from their overnight low.
– The Kobeissi Letter (@KobeissiLetter) October 17, 2025
Markets are currently experiencing more volatility than a teenager on a sugar high, but don’t worry-trade talks could stabilize things. Or not. Either way, it’s all just one big, expensive game of Jenga. 🎲
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2025-10-17 18:35