Oh another "framework" with European leaders saying that they don't really know or specifically plan on honoring any of the promises? LOL Trump said he'd get deals done months ago. He announces deals like, "Deal done, USA got everything we wanted... just waiting for Xi to approve..." Then we never hear about it again LOL. The Euros dragging it on, aiming to wear Trump out and talk to a sane person in 2028.
The lack of retaliation by any trading partner(e for massive US tariffs that have been imposed is a true - world always chickens out - where policymakers across the world end up showing by their (non)actions the unreplicability and importance of U.S. aggregate demand to their economies, since it was as recent as 2018 where the entire world did retaliatory tariffs for U.S. steel/aluminum tariffs. The world writ large is so in need of aggregate U.S. demand to drive their economies that they will sign into perpetuity - permanent tariff inequality and simply accept unequal treatment, even in a way there weren’t a decade ago.
LOLOL You're so cute! You want to make WACO a thing? LOL It's not a thing. It's TACO all day long. Trump always pulls back and he has good reason; it's because the entire US economy is a house of cards built on nothing other than trust in the US dollar. If he pushes too hard and countries realize they don't need this paper because they can all print their own, the US is finished. The world needs US consumption like the stores in my neighborhood need me to clean all their inventory out with a truck everyday paying them with uncashable IOUs written on Burger King napkins. Literally everyone is just dragging his ass out and waiting till he leaves.
Check out the trade deficit. All his mouth-running didn't do jack shit. Pull up the 3 year and 5 year trend. No improvement over Brandon. Pull up the 10 year trend. It's higher than it was during his first term. All mouth, no results.
Trump's deals go nowhere because everything he says he wants isn't what he actually wants. Nobody can give him nor do they have what he wants, which is the economic defeat of China. That's why he keeps lashing out even after some small weak countries "give in" by raising his demands until they also decide to just outlast him. He's putting his frustration of being constantly outdone by China on these little poor suckers that used to be America's "friends."
China’s retaliation was much less than the U.S. tariffs (China’s 10% hike vs. the U.S.’ 30% hike) and Canada WACOed in all but name
China's trade surplus and volume rose to an all time high. Its GDP grows by at least 5% per quarter while Trump put the US GDP into the negative last quarter with jobs data being revised down 90% and inflation basically no longer calculated but just guesstimated to be what they want it to be. US put the semiconductor ban on China and China made our own leaving US chips begging to get back into our market. "America's" biggest chip maker looks like this; just give up LMFAO:
China put the rare earths ban on the US and they're trying to negotiate it down to restrictions and controls. Country of engineers vs country of loudmouth lawyers, and you, being of the latter, judge based on words rather than results, or rather, you cope with words because the results won't allow it.
There's talks about tariffs against the Canadians in the US and there's actual boycotts against the US in Canada. Trump talks; Canada punches. TACO
