How many deals?

I haven't seen any headlines on this, wasn't there supposed to be 90 trade deals in 90 days? I haven't seen any, tom said something about a UK deal, but that's about it. Odd.

I saw this defense deal between Canada and the European Union.

Two of Biggest U.S. Allies Just Made New Defense Deal—Without Trump | The New Republic

"The agreement opens the door for Canada into Europe’s $173 billion defense procurement plan, according to The New York Times. The deal blocks signatories from spending more than 35 percent of funds dedicated to any one project on products from non-signatory states—meaning there will be limits on purchasing American-made defense systems, artillery, and other materials."

he did another TACO and pushed out the deadline again.     Good.   Maybe he can just keep doing that through the next election and the economy might not collapse.

Trump and MAGA are under the sad delusion that the rest of the world can't get along without us.

WRONG!!

I stand corrected, according to AP News, Trump made two deals in 90 days, still an abysmal failure.

Trump's trade blitz produces few deals but lots of uncertainty | AP News

"“It’s a rerun, basically,’’ said William Reinsch, a former U.S. trade official who’s now an adviser with the Center for Strategic and International Studies think tank. Trump and his team “don’t have the deals they want. So they’re piling on the threats.”

The pattern has repeated itself enough times to earn Trump the label TACO — an acronym coined by The Financial Times’ Robert Armstrong that stands for “Trump Always Chickens Out.”"

The good news is he's helping to bring down prices in Las Vegas.

Economic concerns, tensions with Canada have Las Vegas tourism rates falling

tom was happy about the UK deal, I guess he missed the Vietnam one, but with the flurry of activity, how can you blame him?

"tom

May 8, 2025
7:51am

Block User

Originally posted by: Mark

Tom and David seemed to be sure these were coming any day and that was a week or two ago.  So when can we expect them? Or were you guys, by David's standards, just being lying liars?

Mark should be happy that the US and the UK have a deal and the US and China will be meeting Saturday to start negotiations. "

I don't think you understand the concept of these trade negotiations.  These are attempts to secure more favorable terms in our trading relationships and level the playing field to account for non-tariff barriers, higher tariffs from our trading partners, and significant trade deficits.  You better believe our trading partners are in no hurry to implement anything that reduces their trade surpluses.  So they need to be pressured.

You probably don't realize that normal international trade deals take an average of 18 months to sign and 45 months to implement.  So any favorable trade deal that Trump can negotiate this year is far faster than how these deals have been drawn out in the past.  

The 90-day timeline and the pauses are strategic negotiating ploys to put pressure on our trading partners.  In addition to the deals with the UK, Vietnam, and China, Trump just wrapped up negotiations with 14 countries by sending them a letter that specifies what their new tariffs will be. (lol).  

A look at the countries that received tariff letters from Trump | PBS News

Make no mistake, those letters were also a strategic negotiating ploy.  If you read the link, you'll note that many of the countries that got letters are redoubling their efforts to make a real trade deal.  The letters are also a way to put pressure on the countries that are currently in negotiation and close to deals...because they don't want to get a letter.

If you want to talk about abysmal failures, note that there were exactly zero comprehensive free trade agreements negotiated by the Biden administration, so any new major trade deal the Trump administration negotiates is a plus for America.  Delivering any comprehensive trade deals in 90 days is virtually unheard of.  If we can get several more done this year, it will be a great accomplishment and not a failure. 

And finally, to illustrate the real issue of the massive trade deficits we are running, I have a simple math problem for you.

Just suppose that we remove US international trade (imports and exports) from our GDP calculation and nothing else changes.  What do you think would happen to GDP?

According to Trump, the US has sent "letters" to a bunch of countries and now they are just waiting for the investments to roll in. Man, are they rolling in...... This is from yesterday.

https://www.youtube.com/watch?v=_2IxBrw8yms

  Funny how ignorant liberals bitch and moan because things don't move fast enough for them and then they suddenly become silent as things are resolved - they then move on and find something else to bitch about. These morons have neither the intelligence to comprehend how things work nor the patience to see things being accomplished. Their ignorance is astounding.

Trump promised a whole bigly bunch of "deals." He lied. He thinks that threats and bullying are effective negotiating tactics. Instead, nations around the world are telling him to fuck off.

That's the consequence of the Turd surrounding himself with subservient lackeys and sycophants. They obey his every whim and never question him, so he expects that from world leaders as well.

You have to marvel at a diplomatic fuckup so monumental that he's made an enemy out of Canada.

     Funny how ignorant liberals bitch and moan because things don't move fast enough for them and then they suddenly become silent as things are resolved - they then move on and find something else to bitch about. These morons have neither the intelligence to comprehend how things work nor the patience to see things being accomplished. Their ignorance is astounding.