Only 179 more to go. He's counting the billions HE is going to make off of them. Scratch that, 180 still to go. "Deal" is even now ... not finalized. UK was what most understand it to be .... low hanging fruit. Gee only took 4 months to get them to a "deal"
That is because the others so shocked they are dragging their feet hoping it will go away. It ain't. China is finally realizing it is not going to just go away. They are going to have to deal. And deal they will. USA will win AGAIN. Another good deal for us. Yes, Trump will negotiate, he will agree to lower tariffs but on OUR terms and we will come out with a win over China. Trade Win: China Quietly Caves On Many Of Trump's Key Tariffs - TFPP Wire
You bunch of negative posters and Trump detractors simply don't understand tariffs and how they work. Here you go get yourself educated: Jim Rickards All In On Tariffs & Trump On Triggernometry With Kisin and Foster PS: watch the video in the article too.
And then there is this: See CEO’s blunt reaction after Trump’s remark about the steep drop in US trade
Trump's tariffs are causing the U.S. economy to spin down the flusher. More Fed officials warn Trump tariffs could produce higher inflation and slower growth https://finance.yahoo.com/news/more...er-inflation-and-slower-growth-144324381.html Federal Reserve governor Michael Barr and New York Fed president John Williams warned Friday that President Trump's tariffs are expected to lead to higher inflation, elevated unemployment, and slower economic growth this year. The comments from the two policymakers highlight the dilemma for the central bank as it tries to weigh both sides of its mandate — stable prices and maximum employment — at a time when the true effects of White House trade policies on the economy are still unknown. Their warnings echo observations recently expressed by Fed Chair Jerome Powell, who on Wednesday reiterated that he would wait for greater clarity on the impact of Trump's tariffs before deciding on a path for monetary policy going forward. All Fed officials on Wednesday voted unanimously to maintain the Fed's benchmark interest rate in the range of 4.25% to 4.5%, a mark reached at the end of 2024 after cutting rates by a full percentage point last fall. Fed officials noted in their statement that uncertainty about the economic outlook has "increased further," and that "risks of higher unemployment and inflation have risen" even as the economy continues to expand at a "solid pace" despite swings in net exports that dragged down GDP during the first quarter of 2025. The White House is intensifying its pressure on the Fed to consider lowering rates to cushion any future economic slowdown. Trump himself has repeatedly called for the Fed to ease its policy stance and did so again in the Oval Office on Thursday, saying Powell didn't want to lower rates because "he's not in love with me." He also resurfaced his contention that Powell has a history of moving too late on monetary policy. "'Too Late' Jerome Powell is a FOOL, who doesn’t have a clue," Trump said in a separate social media post on Thursday. In a speech in Iceland on Friday, Barr said the Fed could be in a difficult position if inflation rises while unemployment worsens. He noted, however, that it's too soon to know how tariffs will impact the economy because the final levels are not known yet. Like his peers, he believes interest rates are at a good level right now to pivot as things unfold. Barr sees higher tariffs leading to disrupting global supply chains and creating long-lasting inflation. He anticipates businesses will have to change where they source parts for their products, which will take time for them to reinvest and reroute. He warns that big changes in global trade networks could lead to the failure of some small businesses, as he says they have less access to credit and do not have multiple sources for supplies. Speaking at that same conference in Iceland, Williams said the US is experiencing a great moment of uncertainty and change, and that uncertainty will be a defining characteristic of the economic landscape for the foreseeable future. He stressed the importance of maintaining inflation expectations amid the uncertainty. Williams said he personally expects considerably slower growth this year. And while the general view is for higher unemployment and inflation, he noted that the Fed doesn't know the exact mix of those and the time horizon that might play out, so it's hard to set policy preemptively. "When we get more information, which we will, we will be able to do a better assessment," Williams said, "but we are still right on this very edge between the soft data and the hard data."
And current CME FEDWatch tool says 82.8% chance rates stay unchanged at next meeting June 18. Doesn't mean it won't change, and even dramatically so, but that is the path it is on and has been since end last year. No matter how much Dotard bloviates.
More Art of the Steal details of the still as yet unsigned UK/USA trade "deal":- Backstabbed US auto companies blast Trump’s trade deal with Britain Backstabbed US auto companies blast Trump’s trade deal with Britain “Under this deal, it will now be cheaper to import a U.K. vehicle with very little U.S. content than a ... vehicle from Mexico or Canada that is half American parts,” said the American Automotive Policy Council, which represents the Detroit Three automakers. “This hurts American automakers, suppliers, and auto workers.”
No need to worry....I can guarantee trump will reverse the tariffs on US auto makers and give them a free pass ..
And no deal as of Saturday....but Sunday is coming and they will try and negotiate once again. Trump should have waited until Monday to off the 80% instead of 145% tariffs on china to at least give the markets a little hope of negotiating this weekend went south US treasury secretary Scott Bessent and trade representative Jamieson Greer met with Chinese vice premier He Lifeng in a closed-door session at Villa Saladin, an 18th-century mansion owned by the Swiss government. Officials from both sides confirmed that talks lasted more than ten hours. No breakthroughs were reported after Saturday's discussions.
Trump: A very good meeting today with China, in Switzerland. Many things discussed, much agreed to. A total reset negotiated in a friendly, but constructive, manner. We want to see, for the good of both China and the U.S., an opening up of China to American business. GREAT PROGRESS MADE! - Truth Social