Friday, July 11, 2025

Trump's Trade Blitz Produces Few Deals, Lots of Uncertainty

President Donald Trump and his advisers promised a lightning round of global trade negotiations with dozens of countries back in April.

Posted by LampLighter at 07:32 PM | 8 COMMENTS | permalink

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So what happened?

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-- CNN (@cnn.com) Jul 9, 2025 at 8:44 AM

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More from the article ...

... But the 90 days have come and gone. And the tally of trade deals stands at two -- one with the United Kingdom and one with Vietnam. Trump has also announced the framework for a deal with China, the details of which remain fuzzy.

Trump has now extended the deadline for negotiations to Aug. 1 and tinkered with his threatened tariffs, leaving the global trading system pretty much where it stood three months ago " in a state of limbo as businesses delay decisions on investments, contracts and hiring because they don't know what the rules will be. ...



#1 | Posted by LampLighter at 2025-07-09 06:21 PM

Related ...

'Working very well:' Peter Navarro says Trump's tariffs are benefiting the American consumer
www.scrippsnews.com

... Tariff revenues "are being used essentially to give you things like tax cuts and it's just going to get better and better as these deals get unfolding," Navarro said. ...

#2 | Posted by LampLighter at 2025-07-09 06:24 PM

@#2

So, Mr Navarro lied about the 90- deals in 90 days?

And now he is trying to make us believe that the tax-cuts for billionaires, and the huge deficit increase they will cause, are beneficial to the American consumer?


Fool me once, shame on you ...


#3 | Posted by LampLighter at 2025-07-09 06:26 PM

... and if I may repeat a comment I posted a couple three days ago ...

A letter to a country on social media, stating unilaterally that a tariff will be applied, is not a "trade deal."

It is a dictum.

Nothing more, nothing less.


#4 | Posted by LampLighter at 2025-07-09 07:34 PM

Because the point is the uncertainty and all the opportunities for profit that come with it.

Trump and his inner circle have made a killing on their destruction and turmoil.

#5 | Posted by jpw at 2025-07-11 11:47 AM

@#5 ... Trump and his inner circle have made a killing on their destruction and turmoil. ...

Aside from a short-term transactional benefit that Pres Trump can crow about from the Oval Office, what are the longer-term ramifications of what Pres Trump is doing to America's position in world trade and trust?


#6 | Posted by LampLighter at 2025-07-11 08:13 PM

The Art of the Deal

#7 | Posted by chuffy at 2025-07-12 12:50 PM

The next thing you know, El Rey Dotardo II will declare that the US is keeping all of those shipping containers sent to these shores with foreign goods inside. They will be used to house all those criminal field workers rounded up by ICE. In 30 days or so, the containers, each with a couple dozen undocumented immigrants inside, will be sent back to the Asian countries from which they came. Ha! Two problems solved at once. Stable genius at work, doing the weave ...

#8 | Posted by catdog at 2025-07-12 01:58 PM

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