US tarrifs. 10% U.K., 20% EU.

I expect Trump is going to be very busy sorting out deals over the next few weeks that are in Americas favour.
Or, 'backing down' as some on here would call it.

Trade deals take years. The last Trump trade deal (the one he called a win for the USA and now says was bad for the USA) was the USMCA, it took him 3.5 years to get that up and running
 
Trade deals take years. The last Trump trade deal (the one he called a win for the USA and now says was bad for the USA) was the USMCA, it took him 3.5 years to get that up and running

Wasn't that just a rollover of the previous trade deal?
 
Wasn't that just a rollover of the previous trade deal?

It was very similar. But it took three and a half years just to negotiate and implement relatively small changes. IIRC.
 
Latest update: The formula Trump chose was miscalculated. They used the wrong value for the elasticity of prices and inflated all the tarrifs by at least 4x.
 
I expect Trump is going to be very busy sorting out deals over the next few weeks that are in Americas favour.
He'll busy himself golfing, whilst his flunkies run around like headless chickens, cleaning up after the orange idiot.
 
Looks like Vietnam will be the first country to do a deal with Trump.
 
Looks like Vietnam will be the first country to do a deal with Trump.
Trump imposed blanket tariffs so countries and businesses have to go and beg for him to lift them….because he is a cruel vindictive man.

And you are applauding such behaviour.


Trump won’t win against China or EU, or indeed against Canada or Mexico.
 
Trade deals take years. The last Trump trade deal (the one he called a win for the USA and now says was bad for the USA) was the USMCA, it took him 3.5 years to get that up and running
Although not a trade deal, Trump has implemented these de-facto trade deals with the whole world almost overnight.
Now the bargaining begins.
 
Although not a trade deal, Trump has implemented these de-facto trade deals with the whole world almost overnight.
Now the bargaining begins.
Your retrospective insight is stunning.
Please let us know what the lottery winning numbers are tomorrow, would you old chap.

:rolleyes:
 
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