Live updates: S&P 500 soars 7% after Trump announces 90-day pause on tariffs, raises taxes on China
apnews.comFacing a global market meltdown, President Donald Trump on Wednesday abruptly backed down on his tariffs on most nations for 90 days, but raised his tax rate on Chinese imports to 125%.
At that point the 4% are really just in there to annoy people who like round numbers.
Me. It’s there to annoy me, and it is succeeding. Now there are two of them? I’m screaming.
Fine. We’ll set the tariff to 104+(π)√(3e) percent.
An irrational percentage for an irrational tarrif… Its fitting
And you know it’s only whole numbers because it would have been silly to have 104.3% tariffs. Unless they’re just rounding it down for appearances.