CNBC's "Fast Money" Trump Floats China Tariff Cut… And Cargo Theft Threatens The Supply Chain 5/9/25
May 9, 2025
President Trump hints at cutting tariffs on China, sparking discussions on trade negotiations and market effects. The podcast explores NVIDIA's strategic chip development amid new regulations and the semiconductor market's resilience despite tariffs. Additionally, it highlights the rising threat of organized cargo theft impacting supply chains. Listeners also gain insights into investment strategies as major earnings reports loom and the potential resurgence of nuclear energy in shaping the future.
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Trump’s Tariff Cut Suggestion
- President Trump suggested a tariff cut on China to 80%, but the White House clarified this was not a committed position.
- The trade talks are viewed more as "de-escalation" rather than full negotiations, indicating cautious progress.
China-U.S. Trade Talks Outlook
- Both the U.S. and China want a deal but expect lengthy negotiations starting with understanding each other's negotiators and goals.
- The trade discussions are more about setting process and issues rather than expecting a quick deal.
Who Can Last Longer?
- China may have an advantage in enduring economic pain longer than the U.S. due to experiences like zero COVID policies.
- The ultimate outcome depends on who can withstand the pain of the trade war longer, not just economic metrics.