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Trump Tariff Fiasco Worsens as Brutal New Reports Reveal a Fresh Scam - The DSR Network

  • Following expedited talks in Geneva in 2025, the U.S. And China agreed to a 90-day suspension of tariffs.
  • The truce results from mounting economic pressure, including first-quarter U.S. Economic contraction and Chinese manufacturing slowdown.
  • The agreement suspends 24% of pending tariffs, rolling back U.S. Tariffs from 145% to 30% and Chinese tariffs from 125% to 10%, though tariffs remain elevated.
  • Markets rallied with S&P 500 and Dow Jones futures rising over 2%, while executives cautioned that deep structural issues remain unresolved and uncertainty persists.
  • If no permanent deal emerges after 90 days, tariffs may revert, potentially reigniting the trade war and increasing volatility for businesses and investors.
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FreightWaves broke the news in on Monday, May 12, 2025.
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