Donald Trump has continually insisted that deals over his tariffs are coming.

Donald Trump claimed Tuesday that the U.S. doesn’t “have to sign” any trade deals, inadvertently admitting that his administration hasn’t made any progress during the 90-day pause on his disastrous tariffs.

During a tense meeting to discuss tariffs with Canadian Prime Minister Mark Carney, the president attempted to move the goal posts on actually completing any agreements with foreign countries.

“Everyone says, ‘When, when, when, are you going to sign deals?’ We don’t have to sign deals!” Trump said.

  • henfredemars@infosec.pubEnglish
    21·
    1 day ago

    Unfortunately, the global economic system is tightly integrated. I think this will provide only a minor hedging effect.

      • Dozzi92@lemmy.world
        22·
        1 day ago

        The US consumers base is bigger than the next like six or seven countries combined, China included. If a country exports literally anything, you can bet the US is one of their larger trade partners, if not the largest. We just love buying shit here and had the money to do it. So I’m just saying, this shit is gonna hurt everybody. If you build something, odds are someone in America will buy it. The US imported $3.2T worth of goods in 2022, and if that shit dries up, all those places need to find someone else to sell that shit to.

        I say this thinking this is all dumb, and if the issue was China, as it’s purported to be, and which is something I can totally get on board with, why not just go to trade war with China? China is heavily reliant on American consumerism. The US sent 150b in goods to China, but bought 536b back. With no other of America’s trade partners is the gulf so big. Mexico and Canada combined, the next largest two, were less.

        I dunno, I’m just an idiot. I think things are much more complicated than folks on here and Reddit make them out to be. And that’s excluding the plethora of other obvious negatives from this administration. I think we all need to buckle up, and it doesn’t matter where you’re from.