People who hate Trump, who will never get Trump, naturally don't understand today. Trump forces the rest of the free world to basically choose - China or us. 75+ countries are choosing us. They are now agreeing to renegotiate trade. Inevitably, we'll be better off in every one of these deals - some marginally, some a lot. The only reason these negotiations are now in line to happen are because of the tariffs. Now that they're committed to deal, and we're down to haggling over price, the tariffs can be suspended in good faith.
Second, by 75+ nations basically choosing us over China, CCP is now more isolated. Trump is now going to squeeze them hard. Markets know China decoupling has to happen. They've known it for a while. The transition is well underway. This accelerates it.
As for the baseline 10% tariff, consider that a global insurance premium. When disaster happens, the world comes to the U.S. for help. 10% for the big guy (U.S.)
If China truly are the ones who play the long game, they'll have to cave soon in order to be a player later. Their economy will not be able to tolerate tariffs ratcheting up higher.
This whole tariff thing was always a move to deal with China before having to deal with China later anyway, but with a worse hand to play.
Bill Walton lived a life that the rest of us could only hope to achieve on our second (or third) go-round. He had an eye toward the truly important stuff, the stuff we already know better than to lose sight of, but often do. One of Bill’s great talents was to reorient you so as to stand bedside him and see the light in life that he refused to break eye contact with.
The climb to acceptance is steep in the Grateful Dead universe, and Bill gave me a huge lift up those stairs with his kindness, his encouragement, and his friendship. He will be so deeply missed, but his approach to life will never be forgotten. I think it’s pretty good advice that when times get tough, everything will be okay if you just pretend to be Bill Walton. Thank you Bill. ♥️
The @PopTartsBowl postgame was amazing. They called out the @DukesMayoBowl by name, killed a human pop-tart and had the entire crowd chanting "toast that mas-cot!"
Padraig Harrington suggests a stress-free environment is the best way for young players to learn to love golf and improve their skills. ⛳ @padraig_h
📺: @PNCchampionship Round 1 live on @peacock Saturday at 8:15 AM ET