The clock is ticking down to zero, and Trump needs a trade deal -- badly

[C_Clayton_Jones]

“Trump, the dealmaker-in-chief, has said for weeks that at least one trade deal is imminent with one of the dozens of countries in active negotiations with the United States to avoid punishing tariffs. So where is it?
[…]
But as the weeks roll on with no deal in sight, the Trump administration risks inflicting serious economic damage that could quickly turn into a US and global recession. America’s aggressive trade war has already sent the US economy into reverse. Last week’s quarterly report on gross domestic product, the broadest measure of the US economy, showed America’s first contraction since early 2022, as an otherwise-healthy economy was dragged down by companies stockpiling goods to get ahead of tariffs.
[…]
Despite the administration’s rhetoric that it is in advanced trade negotiations with more than a dozen countries, actual trade deals take significant time — often years — to hash out. They typically involve incredibly complex agreements, delving into the minutiae of various goods and non-tariff barriers. They often involve significant political considerations, as various parties seek to protect voters with special interests.”

https://www.cnn.com/2025/05/05/business/trade-war-deal-trump

If Trump were smart, he’d let July 8 come and go without reinstating any tariffs.

But Trump isn’t smart.

 

[jbrownson0831]

“Trump, the dealmaker-in-chief, has said for weeks that at least one trade deal is imminent with one of the dozens of countries in active negotiations with the United States to avoid punishing tariffs. So where is it?
[…]
But as the weeks roll on with no deal in sight, the Trump administration risks inflicting serious economic damage that could quickly turn into a US and global recession. America’s aggressive trade war has already sent the US economy into reverse. Last week’s quarterly report on gross domestic product, the broadest measure of the US economy, showed America’s first contraction since early 2022, as an otherwise-healthy economy was dragged down by companies stockpiling goods to get ahead of tariffs.
[…]
Despite the administration’s rhetoric that it is in advanced trade negotiations with more than a dozen countries, actual trade deals take significant time — often years — to hash out. They typically involve incredibly complex agreements, delving into the minutiae of various goods and non-tariff barriers. They often involve significant political considerations, as various parties seek to protect voters with special interests.”

https://www.cnn.com/2025/05/05/business/trade-war-deal-trump

If Trump were smart, he’d let July 8 come and go without reinstating any tariffs.

But Trump isn’t smart.

More backwards, fake news from facediaper.....
Do you ever get anything right?

 

[SassyIrishLass]

If CNN says so.

Jones... you're annoying

 

[jbrownson0831]

If CNN says so.

Jones... you're annoying

He shouldn't be awake during the day, the sunlight hurts his basement eyes.

 

[1srelluc]

“Trump, the dealmaker-in-chief, has said for weeks that at least one trade deal is imminent with one of the dozens of countries in active negotiations with the United States to avoid punishing tariffs. So where is it?
[…]
But as the weeks roll on with no deal in sight, the Trump administration risks inflicting serious economic damage that could quickly turn into a US and global recession. America’s aggressive trade war has already sent the US economy into reverse. Last week’s quarterly report on gross domestic product, the broadest measure of the US economy, showed America’s first contraction since early 2022, as an otherwise-healthy economy was dragged down by companies stockpiling goods to get ahead of tariffs.
[…]
Despite the administration’s rhetoric that it is in advanced trade negotiations with more than a dozen countries, actual trade deals take significant time — often years — to hash out. They typically involve incredibly complex agreements, delving into the minutiae of various goods and non-tariff barriers. They often involve significant political considerations, as various parties seek to protect voters with special interests.”

https://www.cnn.com/2025/05/05/business/trade-war-deal-trump

If Trump were smart, he’d let July 8 come and go without reinstating any tariffs.

But Trump isn’t smart.

It will interest you to know that other countries have put the chi-coms on notice that if they try dumping the rubber dog puke formally destined to the US on them, they will also put tariffs on Chi-com products......India and Australia also told them to pound sand.

China stands alone on world trade and the rest of the world is taking advantage of the situation by pointing out China's many years of unfair trade practices.

 

[justoffal]

“Trump, the dealmaker-in-chief, has said for weeks that at least one trade deal is imminent with one of the dozens of countries in active negotiations with the United States to avoid punishing tariffs. So where is it?
[…]
But as the weeks roll on with no deal in sight, the Trump administration risks inflicting serious economic damage that could quickly turn into a US and global recession. America’s aggressive trade war has already sent the US economy into reverse. Last week’s quarterly report on gross domestic product, the broadest measure of the US economy, showed America’s first contraction since early 2022, as an otherwise-healthy economy was dragged down by companies stockpiling goods to get ahead of tariffs.
[…]
Despite the administration’s rhetoric that it is in advanced trade negotiations with more than a dozen countries, actual trade deals take significant time — often years — to hash out. They typically involve incredibly complex agreements, delving into the minutiae of various goods and non-tariff barriers. They often involve significant political considerations, as various parties seek to protect voters with special interests.”

https://www.cnn.com/2025/05/05/business/trade-war-deal-trump

If Trump were smart, he’d let July 8 come and go without reinstating any tariffs.

But Trump isn’t smart.

No he doesn't .... Go back to China and check out the riots in the streets. Xi needs a trade deal badly.

The only economic damage I see so far is cheap Chinese shit on Walmart shelves going up in price which is a good thing.

Say....you know I'm getting curious about you. How's your Mandarin these days?

 

[sealybobo]

More backwards, fake news from facediaper.....
Do you ever get anything right?

Last year when we had the greatest economy in the world you said it didn't "feel" like it. Well now you guys say what you are doing will pay off in 2 years but it doesn't "feel" like it.

I’m just giving you the facts. The S&P 500, down 7% since Trump took office. The value of the dollar is off 10%. The economy has shrunk for the first time in three years. Consumer confidence is down for the first time in five years.

 

[justoffal]

It will interest you to know that other countries have put the chi-coms on notice that if they try dumping the rubber dog puke formally destined to the US on them, they will also put tariffs on Chi-com products......India and Australia also told them to pound sand.

China stands alone on world trade and the rest of the world is taking advantage of the situation by pointing out China's many years of unfair trade practices.

You know it finally dawned on me Pee Frayton Stones hasl never once criticized China on this board. Just hit me today. You're probably talking directly to the CCP.

 

[sealybobo]

No he doesn't .... Go back to China and check out the riots in the streets. Xi needs a trade deal badly.

The only economic damage I see so far is cheap Chinese shit on Walmart shelves going up in price which is a good thing.

Say....you know I'm getting curious about you. How's your Mandarin these days?

My Chinese buddy said that's the difference between them and us. We will protest/riot/vote Trump out. The Chinese people won't.

Remember how many years the obediently sat indoor and quaranteened.

 

[SassyIrishLass]

Last year when we had the greatest economy in the world you said it didn't "feel" like it. Well now you guys say what you are doing will pay off in 2 years but it doesn't "feel" like it.

I’m just giving you the facts. The S&P 500, down 7% since Trump took office. The value of the dollar is off 10%. The economy has shrunk for the first time in three years. Consumer confidence is down for the first time in five years.

Roflmao @ greatest economy in the world.... what a dope

 

[sealybobo]

You know it finally dawned on me Pee Drayton Stones there's never once criticized China on this board. Just hit me today. You're probably talking directly to the CCP.

We aren't rooting for China anymore than you seemed to root for Russia.

And don't blame us. Yes we will be complaining too but Trump's approval rating is at 38%. That means 21% of the complainers voted for Trump.

 

[justoffal]

My Chinese buddy said that's the difference between them and us. We will protest/riot/vote Trump out. The Chinese people won't.

Remember how many years the obediently sat indoor and quaranteened.

Well there's no doubt that the average Chinese citizen certainly has an uphill battle in their culture.

It will be interesting to see if the CCP can remain in charge of the iron Rice bowl as they always have.

With a population growing in knowledge it's going to be difficult.

 

[1srelluc]

You know it finally dawned on me Pee Frayton Stones hasl never once criticized China on this board. Just hit me today. You're probably talking directly to the CCP.

Well, they better listen-up and change their ways then.

 

[justoffal]

We aren't rooting for China anymore than you seemed to root for Russia.

And don't blame us. Yes we will be complaining too but Trump's approval rating is at 38%. That means 21% of the complainers voted for Trump.

So far I don't see anything to complain about.
Eggs have come down to three fifty this week.
The dollar has gained strength against the euro.
Not particularly good for my investment choices but good for the country in general.
Grocery prices remain stubbornly high though.
That's what Trump has to worry about or should I say that's what the Republicans have to worry about. They're dropping the ball with the groceries. The grocery crafts voted Biden out they will vote the Republicans out in the midterms if there isn't some action on grocery prices soon.

 

[ElmerMudd]

“Trump, the dealmaker-in-chief, has said for weeks that at least one trade deal is imminent with one of the dozens of countries in active negotiations with the United States to avoid punishing tariffs. So where is it?
[…]
But as the weeks roll on with no deal in sight, the Trump administration risks inflicting serious economic damage that could quickly turn into a US and global recession. America’s aggressive trade war has already sent the US economy into reverse. Last week’s quarterly report on gross domestic product, the broadest measure of the US economy, showed America’s first contraction since early 2022, as an otherwise-healthy economy was dragged down by companies stockpiling goods to get ahead of tariffs.
[…]
Despite the administration’s rhetoric that it is in advanced trade negotiations with more than a dozen countries, actual trade deals take significant time — often years — to hash out. They typically involve incredibly complex agreements, delving into the minutiae of various goods and non-tariff barriers. They often involve significant political considerations, as various parties seek to protect voters with special interests.”

https://www.cnn.com/2025/05/05/business/trade-war-deal-trump

If Trump were smart, he’d let July 8 come and go without reinstating any tariffs.

But Trump isn’t smart.

I hope those who voted for him are starting to realize what a disaster he is. There is no hope for the MAGA idiots.

 

[sealybobo]

Well there's no doubt that the average Chinese citizen certainly has an uphill battle in their culture.

It will be interesting to see if the CCP can remain in charge of the iron Rice bowl as they always have.

With a population growing in knowledge it's going to be difficult.

I am seeing confirming stories that rough times are ahead for the Chinese people. I don't get it. It seems China has dominated the global trade market. They seem to be the key trading partner to EVERYONE. We may be the worlds largest consumer but they seem to be the worlds largest producer.

But then we can turn to India I guess. Or start making it at home. Which we should have done in the first place.

The funny thing about what Trump/MAGA Republicans are saying today is what us liberals were saying in the 2000's. So I don't completely hate the supposed goal. If I thought Trump was sincere. Like, I'm hoping uneducated blue collar wages go up now that illegals are gone and I hope manufacturing comes home. Even if we have to pay more.

But is this going to help uneducated blue collar workers? I doubt it. Most of the jobs will come back automated. And most of the companies will be given tax breaks. And any jobs that do come back won't pay what they once paid. So while I like bringing jobs back home and kicking illegal workers out, I don't see MAGA. Or it seems like the long way around to get there.

I thought Trump was going to bring prices down on day one. So you can see why I'm skeptical when his first moves are raising prices.

 

[justoffal]

I am seeing confirming stories that rough times are ahead for the Chinese people. I don't get it. It seems China has dominated the global trade market. They seem to be the key trading partner to EVERYONE. We may be the worlds largest consumer but they seem to be the worlds largest producer.

But then we can turn to India I guess. Or start making it at home. Which we should have done in the first place.

The funny thing about what Trump/MAGA Republicans are saying today is what us liberals were saying in the 2000's. So I don't completely hate the supposed goal. If I thought Trump was sincere. Like, I'm hoping uneducated blue collar wages go up now that illegals are gone and I hope manufacturing comes home. Even if we have to pay more.

But is this going to help uneducated blue collar workers? I doubt it. Most of the jobs will come back automated. And most of the companies will be given tax breaks. And any jobs that do come back won't pay what they once paid. So while I like bringing jobs back home and kicking illegal workers out, I don't see MAGA. Or it seems like the long way around to get there.

I thought Trump was going to bring prices down on day one. So you can see why I'm skeptical when his first moves are raising prices.

China has built a false economy based on the sale of cheap crap. It's not a good foundation.

 

[Harry Dresden]

“Trump, the dealmaker-in-chief, has said for weeks that at least one trade deal is imminent with one of the dozens of countries in active negotiations with the United States to avoid punishing tariffs. So where is it?
[…]
But as the weeks roll on with no deal in sight, the Trump administration risks inflicting serious economic damage that could quickly turn into a US and global recession. America’s aggressive trade war has already sent the US economy into reverse. Last week’s quarterly report on gross domestic product, the broadest measure of the US economy, showed America’s first contraction since early 2022, as an otherwise-healthy economy was dragged down by companies stockpiling goods to get ahead of tariffs.
[…]
Despite the administration’s rhetoric that it is in advanced trade negotiations with more than a dozen countries, actual trade deals take significant time — often years — to hash out. They typically involve incredibly complex agreements, delving into the minutiae of various goods and non-tariff barriers. They often involve significant political considerations, as various parties seek to protect voters with special interests.”

https://www.cnn.com/2025/05/05/business/trade-war-deal-trump

If Trump were smart, he’d let July 8 come and go without reinstating any tariffs.

But Trump isn’t smart.

hey jones how come smart people like you could not beat that dumb cheap impersonator of hitler?...

 

[sealybobo]

China has built a false economy based on the sale of cheap crap. It's not a good foundation.

Like Toyota and Honda?

 

[ElmerMudd]

I am seeing confirming stories that rough times are ahead for the Chinese people. I don't get it. It seems China has dominated the global trade market. They seem to be the key trading partner to EVERYONE. We may be the worlds largest consumer but they seem to be the worlds largest producer.

But then we can turn to India I guess. Or start making it at home. Which we should have done in the first place.

The funny thing about what Trump/MAGA Republicans are saying today is what us liberals were saying in the 2000's. So I don't completely hate the supposed goal. If I thought Trump was sincere. Like, I'm hoping uneducated blue collar wages go up now that illegals are gone and I hope manufacturing comes home. Even if we have to pay more.

But is this going to help uneducated blue collar workers? I doubt it. Most of the jobs will come back automated. And most of the companies will be given tax breaks. And any jobs that do come back won't pay what they once paid. So while I like bringing jobs back home and kicking illegal workers out, I don't see MAGA. Or it seems like the long way around to get there.

I thought Trump was going to bring prices down on day one. So you can see why I'm skeptical when his first moves are raising prices.

The MAGA followers are bing conned and they will not realize it until it is too late.