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Drudge Retort: The Other Side of the News
Thursday, May 08, 2025

Commerce Secretary Howard Lutnick said 10% tariffs would remain under the trade deal, but that the United Kingdom was opening its markets for an estimated $5 billion in U.S. beef, ethanol and machinery.

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That's the trade "deal". That's it.

10% tariffs stay in place.

Markets are opened for products they were already open for.

A reduction of the Trump tariffs on UK exported autos.

And UK buying some Boeing planes that it was already buying.

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Added:

US gives up all tariffs on UK steel and aluminum for some reason.

We only import about $250 million in Steel from the UK and $7 million in aluminum.

#1 | Posted by Sycophant at 2025-05-08 11:39 AM | Reply

If this is considered a "Major" trade deal, I'm guessing Trump buying a pack of gum is considered a Minor Trade Deal.

#2 | Posted by Sycophant at 2025-05-08 11:39 AM | Reply | Funny: 2 | Newsworthy 1

"Lutnick also said the a British airline would announce later May 8 that it would buy $10 billion of Boeing planes."

Nice to see Boeing is able to unload a few of the fifty 737s that China is refusing delivery on, thanks to Republicans.

#3 | Posted by snoofy at 2025-05-08 11:56 AM | Reply

#3: Hi Snoofy: This Boeing announcement from Commerce Secretary Slutnick smacks of more insider trading from the goniffs in the White House:

"Shares of Boeing (NYSE: NYSE:BA) climbed 3% following news that the United Kingdom is set to announce a $10 billion purchase of Boeing planes."

Source:

www.investing.com

#4 | Posted by C0RI0LANUS at 2025-05-08 12:04 PM | Reply

"Shares of Boeing (NYSE: NYSE:BA) climbed 3% following news that the United Kingdom is set to announce a $10 billion purchase of Boeing planes."
Source:
www.investing.com

#4 | Posted by C0RI0LANUS

3%? That's it?

Shows how utterly underwhelming this is.

#5 | Posted by Sycophant at 2025-05-08 12:23 PM | Reply

It's the first of many. In the past Pelosi said this was needed, Schumer said it was needed, Obama said it was needed but none of them had the nuts to get it done. But of course for the TDS crowd since Trump is getting it done it is all of a sudden a bad thing.

Just think, if Biden didn't suck so bad and Harris didn't sucked even worse you wouldn't need those crying towels every day.

#6 | Posted by fishpaw at 2025-05-08 02:09 PM | Reply

If Trump hadn't imposed tariffs we could afford towels!

#7 | Posted by snoofy at 2025-05-08 02:14 PM | Reply

LOL ~ It took then 45 days to get right back where they started ~ LOL

I suspect the EU deciding to stick with England had something to do with another one of Trump's infamous lost caused.

#8 | Posted by Twinpac at 2025-05-08 03:12 PM | Reply

Trump's UK Trade Deal Leaves Key Issues Unresolved
finance.yahoo.com

... President Donald Trump pitched his trade framework with the UK as a historic achievement, and the first step in his revolutionary effort to overhaul the global economy.

But as the president began revealing specifics of the deal, it became clear it fell short of the "full and comprehensive" agreement he had promised, or the US-UK free-trade pact he pursued during his first term.

Trump had hoped the announcement " pegged to the 80th anniversary of the Allies' World War II victory in Europe " would reignite confidence in his economic agenda. He carefully stage managed the ceremony, posting hints to social media and having UK Prime Minister Keir Starmer dial in to the phone sitting on the Resolute Desk to herald the agreement.

The framework gives the US increased market access and a faster customs process for exports to the UK, while the UK will see limited relief on autos, steel and aluminum duties. Many other details were left to be negotiated later.

"From the point of view of markets generally, as well as those who are concerned about the US economy, this is a nothingburger," said Tim Meyer, an international trade law professor at Duke University School of Law. "There's nothing really to see here. Obviously this is a framework, this is not actually an agreement."

Starmer conceded the pair needed to "finish ironing out some of the details," but hailed the understanding as "fantastic." Trump brushed aside questions about whether he had over hyped the agreement, instead framing it as "a great deal for both parties." ...


#9 | Posted by LampLighter at 2025-05-08 03:58 PM | Reply

How anyone can watch that oval office meeting about this without vomiting is beyond me.

Do none of these people have a shred of self-respect?

#10 | Posted by truthhurts at 2025-05-08 04:19 PM | Reply

0% tariff on rolls royce

10% tariff on medicine for middle and lower classes

Thanks magat scum

You suck

#11 | Posted by truthhurts at 2025-05-08 04:24 PM | Reply

When asked about the empty ports, dockworkers and truckers worried about their jobs, shitler's response was that it was a good thing.

Empty ports, is a good thing

Defend that magat scum

Defend that economic policy.

Starting at 7:55

www.youtube.com

Like what the actual fuck????

#12 | Posted by truthhurts at 2025-05-08 04:32 PM | Reply | Newsworthy 1

"US removes tariffs on UK steel and aluminium, and cuts car rate to 10%, as Trump and Starmer unveil deal"

How much does eliminating those tariffs cost the Untied States in lost revenue.
Revenue that Trump promised us would eliminate the need for Federal Income Tax?
I'm sure a Republican will be along soon with Actual Numbers!

#13 | Posted by snoofy at 2025-05-08 04:57 PM | Reply

0% tariff on rolls royce

10% tariff on medicine for middle and lower classes

Thanks magat scum

You suck

#11 | Posted by truthhurts

Yet another example of where GOP/MAGA priorities lie; with the wealthy, not the other 95% of Americans.

#14 | Posted by AMERICANUNITY at 2025-05-08 05:05 PM | Reply

Goniffs. nice.

#15 | Posted by South_American at 2025-05-08 09:52 PM | Reply

Trump is the biggest failure ever.

#16 | Posted by ClownShack at 2025-05-08 10:02 PM | Reply

Fat Donnie Failure, what a fucking LOSER.

#17 | Posted by LegallyYourDead at 2025-05-09 05:31 AM | Reply

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