Trump’s trade blitz produces few deals but lots of uncertainty
DISTRICT OF COLUMBIA, UNITED STATES, JUL 9 – President Trump extended trade deal deadlines to July 31 amid few agreements and ongoing tariff threats, with tariffs on some imports reaching up to 40%, analysts say.
- The tally of trade deals now stands at two, one with the United Kingdom and one with Vietnam.
- Negotiations have been extended to August 1, leaving the global trading system in limbo.
- Businesses are delaying decisions due to uncertainty about trade rules.
- Trump admitted in an interview that negotiating with every country was an impossible task.
61 Articles
61 Articles
Reporter asks how "90 trade deals in 90 days" is going: Trump's answer is complete gibberish
Presidents have a range of rhetorical styles and abilities. Clinton was a master of English. Bush was a master of malapropism. Obama was a pause-and-deliver intellectual. Trump is a gibbering moron. He has the vocabulary of an eight-year-old. The...
'Business hates uncertainty': GOP lawmakers fume as Trump’s promises fall apart
President Donald Trump’s promises of extracting favorable deals from numerous trading partners is collapsing, and Republicans are furious they are again staring down the barrel of ferocious tariffs.“Business hates uncertainty,” said Sen. Thom Tillis (R-N.C.), who the Hill reports warned Republicans would face political headwinds next year if the Trump White House didn’t settle its global trade disputes quickly. “… If you’re going to go into a tr…
At the end of his first 100 days in office at the end of April, President Donald Trump made a shocking statement about his progress in the tariff negotiations: he had closed trade agreements with 200 countries. More than two months later,...
Trump promised 200 deals by now. He’s gotten 3, and 1 more is getting very close
At the conclusion of his first 100 days in office in late April, President Donald Trump made a stunning statement about his progress on tariff negotiations: He had completed trade deals with 200 countries. More than two months later, Trump has announced just three of those agreements – with China, the United Kingdom and Vietnam.
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