Trump will make lots of meaningless trade deals. You're being played you goofy ass mother fucker.
I told you so:
The U.S. and the United Kingdom proceeded to announce
a bilateral trade deal. The deal, however, wasn’t a formal trade deal and didn’t change much about the U.S.’s economic relationship with a relatively small trading partner. As the BBC put it, the informal agreement with America’s eighth-largest trading partner “did not appear to meaningfully alter the terms of trade between the countries, as they stood before the changes introduced by Trump this year.”
Meanwhile, the U.S.’s third largest trading partner, China, effectively negotiated with the Trump administration by refusing to do anything and getting pretty much everything they wanted from the U.S. After the Trump administration ratcheted up to a 145% tariff on most Chinese imports,
the U.S.-China deal pauses almost all of the recent, punitive tariffs the two countries placed on one another for 90 days. To get back to that status quo, Chinese negotiators only had to roll back the tariffs they had put in place in response to U.S. tariffs.
“The Trump Administration has blinked, big time.”
No wonder
The Wall Street Journal reported that Chinese President Xi Jinping feels vindicated and triumphant.
Bloomberg summed up the outcome with the headline: “Xi Defiance Pays Off As Trump Meets Most Chinese Trade Demands.”
Not surprisingly, neither
the European Union nor
Japan is in a hurry to strike a deal with the U.S: Why do that when you can get a great deal by just waiting and letting the Trump administration negotiate with itself?
I would give you the link but you won't like the source. I don't want you to make it about the source. This is what you're not going to hear on Fox or Newsmax. This is the truth about what's going on. I see lots of MAGA idiots every day and I know you are still drinking the coolaid bro. Sorry to tell you the truth that these tariff deals are hurting us and Trump's not winning them, you queer ass mother fucker.
The plan had been to wait for other countries to think the U.S. was serious in order to kickstart negotiations. But then, before any of those negotiations had actually been conducted, Trump got spooked to some extent by sliding stocks but particularly by cratering demand for U.S. government debt, and paused the tariffs he had imposed.
“The Trump Administration has blinked, big time.”