tradewar England Agrees To New Trade Deal

[herbie]

Wotta deal!

They can now ship hormone free beef to the UK just like they could've 30 years ago if they'd bothered to. The tariff is reduced to what it was the day before Trumo arrived.
If they can now sell chlorine washed chicken to Britain now, does that mean the Brits can build small pickups and ship them to the USA duty free now? I sure hope so.

[Hodad]

6 hours ago, Nationalist said:

LOL...LOSER!

Do you every wake up in the morning and wonder, "What's the point? Why do I exist?" 

Because if you haven't, I'd recommend it. Maybe we'd get fewer posts like ^^this, which wouldn't pass muster in a third-grade schoolyard debate. 

[CdnFox]

On 5/8/2025 at 8:40 AM, gatomontes99 said:

*GASP*

The UK signed a new trade deal that benefits America? But I was told the tariffs wouldn't work! How can this be??!!

Well, they haven't actually signed the final deal just the principles of a deal. So things may change slightly with the details, but honestly I look at this and I don't see exactly how this is a good deal. I would be more inclined to classify it as less bad for both parties than what we have right this second.

We'll have to see what it looks like when the dust settles but I'm not sure this is anything to get particularly excited about

[Nationalist]

19 hours ago, Hodad said:

Do you every wake up in the morning and wonder, "What's the point? Why do I exist?" 

Because if you haven't, I'd recommend it. Maybe we'd get fewer posts like ^^this, which wouldn't pass muster in a third-grade schoolyard debate. 

No. Do you?

When you deserve curt and abrasive...ya gits curt and abrasive. 

[robosmith]

47 minutes ago, Nationalist said:

No. Do you?

When you deserve curt and abrasive...ya gits curt and abrasive. 

You mean when that's all YOU got..... LMAO

[Aristides]

Not the UK but.

 

https://www.reuters.com/world/japan/japan-says-no-plan-threaten-treasuries-sale-us-trade-talks-2025-05-04/

 

We have no plans to sell US T Bills but if we did we could really screw you. Implied threat while denying the threat.

Japanese diplomacy.

[gatomontes99]

Blah blah blah

Left: "He will never get any trade deals."

--Trade deals start happening--

Left: "Well, they aren't very good."

Yall can't admit when anything works.

[gatomontes99]

18 hours ago, CdnFox said:

Well, they haven't actually signed the final deal just the principles of a deal. So things may change slightly with the details, but honestly I look at this and I don't see exactly how this is a good deal. I would be more inclined to classify it as less bad for both parties than what we have right this second.

We'll have to see what it looks like when the dust settles but I'm not sure this is anything to get particularly excited about

Half a loaf of bread is better than no bread.

However, in this case, the deal appears to be a primer. Britain agrees to set the standard terms so that Trump's team has leverage with other deals. In this case, the UK gave up some trade barriers and agreed to purchase certain items for a lower tariff.

You will see all the other countries fall in line with this. Will it be total capitulation by them and total market domination by the US? He'll no. But, that wasn't the goal. The goal was to move the ball in our direction. This does that.

We can argue about whether it is enough. But we have to agree it was a positive step.

[Hodad]

4 hours ago, Nationalist said:

No. Do you?

When you deserve curt and abrasive...ya gits curt and abrasive. 

Absolutely. I regular ask myself whether I have something to say on a topic. 

Clearly, you do not. 

I didn't really mind curt and abrasive. It's vapid and boring that  I find so depressing. You will reply endlessly, even when you clearly have nothing to add. It seems that in your mind the simple act of clicking the reply button constitutes debate. You're allegedly an adult, so this is concerning behavior. 

[CdnFox]

1 hour ago, gatomontes99 said:

Half a loaf of bread is better than no bread.

Oh for sure, and while it theoretically could possibly go off the rails with the agreement to move forward based on these principles it's likely that there won't be any big surprises. Which is why they released it early so that the markets would have some good news and even if they don't see the situation as 100% stable they see stability around the corner.

Quote

However, in this case, the deal appears to be a primer. Britain agrees to set the standard terms so that Trump's team has leverage with other deals. In this case, the UK gave up some trade barriers and agreed to purchase certain items for a lower tariff.

There were also agreements to remove trades for things like automobiles entering the united states, steel and aluminum, and a bunch of other things. When you look at it the US is not going to come out further ahead, other than this is going to be a bit of a tax for the consumers but it's one that will not likely cause people to move their business from the UK to America. It's just going to make life more expensive for people in America. I remember people are questioning it and wondering if some details will shed light on this issue

 

 

Quote

You will see all the other countries fall in line with this.

Probably not with this but it is their intention according to Macklin that they come up with a number of deals that they can use in templates to speed things along.

Quote

Will it be total capitulation by them and total market domination by the US? He'll no. But, that wasn't the goal. The goal was to move the ball in our direction. This does that.

How? As near as I can tell from all of the analysis of what we know so far, it's just putting a small tax on American consumers. It will potentially theoretically allow for a small increase in beef sales, but I just don't see how this is a particularly net benefit to the USA. Other than it will produce a small amount of tax revenue. But that will weigh down the economy. And I don't think people are going to like the idea of the republicans being the new tax and spend party

Quote

We can argue about whether it is enough. But we have to agree it was a positive step.

You would have to show me a significant benefit and I'm just not seeing it. It's just appears to be a tax. It's not enough to cause a company to justify moving its operations. It will benefit farmers a small amount but not much.  It mostly just imposes a 10 percent sales tax on usa consumers for next to no benefit 

 

Here's ben shapiro explaining:

 

29 minutes ago, Hodad said:

Absolutely. I regular ask myself whether I have something to say on a topic. 

It's a shame you never ask if it's relevant or honest   

Mind you we'd never hear from you then. 

[gatomontes99]

17 minutes ago, CdnFox said:

It's just going to make life more expensive for people in America.

That is not a certainty. The price to consumers depends solely on the Supply and Demand Curve. Only if the goods have some price elasticity can the cost of the product go up. In effect, if the consumer won't bare the cost of the tariff, either the producer or importer takes a financial hit (and the government collects a tax) or the product isn't imported (which positively effects the GDP). If the cost is partially or wholly absorbed by the consumer, then the government has more revenue and we move closer to something akin to the Fair Tax. Either way, I'm good with it.

17 minutes ago, CdnFox said:

Here's ben shapiro explaining:

What Shapiro is explaining is that the markets are reacting to not knowing what the final deals will look like. Ok....so?

If tariffs didn't positively help the country that used them, then no country would use them. But every country does use them. And 90 something countries didn't ask for better deals because the tariffs would hurt the US. They asked for the deals because they want to be competitive in the US market.

Another POV, tariffs increase the tax base. No longer do we rely on people and companies within our borders to pay our massive debts.

[CdnFox]

37 minutes ago, gatomontes99 said:

That is not a certainty. The price to consumers depends solely on the Supply and Demand Curve. Only if the goods have some price elasticity can the cost of the product go up. In effect, if the consumer won't bare the cost of the tariff, either the producer or importer takes a financial hit (and the government collects a tax) or the product isn't imported (which positively effects the GDP). If the cost is partially or wholly absorbed by the consumer, then the government has more revenue and we move closer to something akin to the Fair Tax. Either way, I'm good with it.

There is absolutely no chance that the consumer will not bear the cost of the tariffs. They will just get more expensive. That may result in people buying less of those goods but it will not change the fact that for those goods people will have to pay more.

Worse, it will almost certainly mean that england will be buying fewer goods from america. And not just in retaliation or anything but as trade slows down between the two nations and economies tend to slow down with it there's less interest in purchasing American Goods. Look what's happened already with canada and mexico, many states are screaming about the lost revenues. 

41 minutes ago, gatomontes99 said:

What Shapiro is explaining is that the markets are reacting to not knowing what the final deals will look like. Ok....so?

What he also explained is the deal really isn't much of a deal. And he very specifically said if things remain the way that this deal looks and there is still world tariffs in the same way there will be a huge and unavoidable financial blowback. He was very clear.

42 minutes ago, gatomontes99 said:

If tariffs didn't positively help the country that used them, then no country would use them.

No, that makes absolutely no sense. That's like saying if too much medicine poisons you, nobody would ever use medicine. In fact there's quite a few medicines that will kill you dead if misused, but can save your life if used in moderation correctly appropriately where needed at specifically targeted.

Nobody's saying that the united states should never have a tariff. That in logic terms is what's known as reductio ad absurdum. But large-scale tariffs without a very specific target and solid plan behind them are extremely devastating and that is what we are seeing.

America has just finished its first quarter with negative growth. If that continues for the second quarter, and it's already looking like it has for April, then that will be a actual legitimate recession and fears over that will tend to cause the recession to go longer and deeper. If that occurs even if things change the next day and the markets begin to go up it will be months until that actually translates to Improvement on the ground in the way of job growth and investment spending

And the US is not alone in this. We are beginning to see slowdowns in many other countries as well, partially because of tariffs but also because of other reasons internally in some cases and as the market situations with tariffs etc lead to slow economic growth in other countries it's going to impact America even if everything else was normal.

Which means you could very quickly wind up with a vicious circle. The tariffs cause the world economy to begin to slow, just slowing economy has a negative impact on America, which causes the American economy and the world economy to begin to slow, and so on and so on

Remember when we talked about what happens when you try and blow up a bridge? If things don't change very quickly the damage done already will result in the dam breaking No matter what happens after that to correct it. At that point it's just a matter of how long and how bad it's going to be.

I like I said I don't see how this trade deal causes any growth in America, all it does is inflict a new 10% tax on many goods from britain. That gets paid by the consumer or the consumer does without which means the stores don't sell the product which means the stores don't make money which means the financial situation worsens

[gatomontes99]

1 hour ago, CdnFox said:

There is absolutely no chance that the consumer will not bear the cost of the tariffs. They will just get more expensive. That may result in people buying less of those goods but it will not change the fact that for those goods people will have to pay more.

There is no way to know that. You are making a guess at best. There are 3 paths: increase price to consumers, absorb the cost, don't export. To say you know for certain that it is the first choice is preposterous. 

The talking heads on TV keep saying that, but that gets ratings. It isn't factual and those people have no clue what they are talking about. Ron Burgandy wasn't some fictional character he was a CARICATURE of all news anchors.

1 hour ago, CdnFox said:

Worse, it will almost certainly mean that england will be buying fewer goods from america. And not just in retaliation or anything but as trade slows down between the two nations and economies tend to slow down with it there's less interest in purchasing American Goods. Look what's happened already with canada and mexico, many states are screaming about the lost revenues. 

Nothing about a tariff on exports to a country restricts imports from that country.

 

1 hour ago, CdnFox said:

And not just in retaliation or anything but as trade slows down between the two nations and economies tend to slow down with it there's less interest in purchasing American Goods. Look what's happened already with canada and mexico, many states are screaming about the lost revenues. 

You'll get over your hissy fit in a couple weeks. You can only drink Pabst and Canadian Whisky for so long before you give in.

 

1 hour ago, CdnFox said:

What he also explained is the deal really isn't much of a deal. And he very specifically said if things remain the way that this deal looks and there is still world tariffs in the same way there will be a huge and unavoidable financial blowback. He was very clear.

In his opinion. But tell me why there wasn't a financial blowback when every single one of those 90+ countries put a tariff on the US?

1 hour ago, CdnFox said:

Nobody's saying that the united states should never have a tariff. That in logic terms is what's known as reductio ad absurdum. But large-scale tariffs without a very specific target and solid plan behind them are extremely devastating and that is what we are seeing.

No we aren't. Nothing devastating has happened. Not a damn thing.

 

1 hour ago, CdnFox said:

America has just finished its first quarter with negative growth. If that continues for the second quarter, and it's already looking like it has for April, then that will be a actual legitimate recession and fears over that will tend to cause the recession to go longer and deeper. If that occurs even if things change the next day and the markets begin to go up it will be months until that actually translates to Improvement on the ground in the way of job growth and investment spending

It won't. The first quarter "shrink" was a result of importers front loading inventory to avoid tariffs. That started in July. The deliveries just got made in the first quarter. Imports count against the GDP. So does the lower than expected spending from the government. That's not a sign of an economic problem.

The imports won't be as strong in Q2. The shelves are stocked and the goods are being sold. They don't need to restock, so imports will be down. Government spending will still be down too.

However, investments and exports are up. CPI is down to precovid levels and oil prices are down 21%. Everything is pointing to strong growth in the private sector even though the public sector is retracting. In the coming years, you'll need to watch the individual data in the GDP to measure the strength of the economy and not the GDP itself. I've said for decades that including mandatory government spending as a measure of economic strength is moroʻnic. But, that's how the Council of Presidents, that replaced Joe Biden, kept the economy appearing strong. They made up for weak private sector growth by spending excessive amounts of cash.

1 hour ago, CdnFox said:

Remember when we talked about what happens when you try and blow up a bridge? If things don't change very quickly the damage done already will result in the dam breaking No matter what happens after that to correct it. At that point it's just a matter of how long and how bad it's going to be.

Are you channeling your inner Kamala?

1 hour ago, CdnFox said:

I like I said I don't see how this trade deal causes any growth in America, all it does is inflict a new 10% tax on many goods from britain. That gets paid by the consumer or the consumer does without which means the stores don't sell the product which means the stores don't make money which means the financial situation worsens

You keep making this assumption. Stop. Don't assume you know how things will go or that you even have all the data to make assumptions with. Time will tell. Just stop panicking and man up.

[CdnFox]

48 minutes ago, gatomontes99 said:

Quote

 

There is no way to know that. You are making a guess at best. There are 3 paths: increase price to consumers, absorb the cost, don't export. To say you know for certain that it is the first choice is preposterous. 

The talking heads on TV keep saying that, but that gets ratings. It isn't factual and those people have no clue what they are talking about. Ron Burgandy wasn't some fictional character he was a CARICATURE of all news anchors.

 

 

I'm sorry but that's just not accurate. The price goes up. Period.  People may choose not to buy as many goods but as i mentioned that ALSO has an impact on trade for different reasons. 

It's no different than if you put a sales tax on goods. It's precisely the same thing. In the history of man there has never been a time when that happened and prices didn't go up. 

And it's always a drag on the economy. 

52 minutes ago, gatomontes99 said:

Nothing about a tariff on exports to a country restricts imports from that country.

I'm afraid it does. That is always the inevitable result. Again, look at Canada, there has been a massive reduction in trade with Canada buying  billions less in goods from the us. 

Trump tariffs: Canada trade starts shift away from U.S.

As you can see, the tariffs force countries to find other people to trade with, and doing so inevitably means they'll turn to those countries for THEIR products in return...  and away from the US.  And that can have a permanent effect even after tariffs are gone. 

WORSE, if tariffs DO have a negative effect on the other country then that country's economy slows and they buy less foreign goods. So that means they buy less american products anyway.  Britain won't be buying US beef even without tariffs if people have less money to spend. 

1 hour ago, gatomontes99 said:

No we aren't. Nothing devastating has happened. Not a damn thing.

It has, but the real effect doesn't show up for quite some time. 

The US GDP fell in the first quarter of this year.  Another quarter and they'll officially label it a recession.... and it looks like that's becoming a real possibility. There was originally an expectation of about 2 percent growth, but when  you average it with what's already happened that'll be an annual growth rate so far this year of less than 1 percent. That's really not great at all. 

That qualifies as devastating. Recessions are always devastating of course but even severe slowdowns like that represent a major blow to the economy, especially if there's inflationary pressure as well.  It's just a question of how bad. 

1 hour ago, gatomontes99 said:

It won't. The first quarter "shrink" was a result of importers front loading inventory to avoid tariffs.

Nobody knew about the tariffs in the first quarter.  And shipments take weeks to get there. 

Sorry, but there is no possible way for importers to order enough goods to represent that much of a drop. 

The rest of your explanation there is just wishful thinking. If  you're correct then there should be a rebound in the second quarter of about 5 percent. Would you like to bet that there isn't?  

Quote

Are you channeling your inner Kamala?

Are you channeling your inner Biden?   it wasn't a complicated concept. 

1 hour ago, gatomontes99 said:

You keep making this assumption. Stop. Don't assume you know how things will go or that you even have all the data to make assumptions with. Time will tell. Just stop panicking and man up.

I know how things are likely to go.  Sorry. 

And so do the markets which is why they're lagging and not taking off either. The market is down about 3.5 percent, but even that's not the whole story because investment in "Safe" stuff like commodities is up 5.5 percent, suggesting people are taking their money out of business investment and parking it somewhere safe which is bad news. 

 

Let's be clear. Anything that happens to the US economy that's bad is going to hurt Canada even worse because we are already dependent on you and our own useless leftist gov't is busy damaging the hell out of our economy without your help already. So I get absolutely no pleasure in any of this, this is going to be a slap on our face and probably lead to entire global slowdowns which aren't going to be fun for anyone.

But this is not going well at all for trump. All he's done is put new taxes in place for consumers. Taxes always slow the economy down. And he's created enough uncertainty that it's made it worse. Which is why the feds have to leave the interest rates at over 4 percent to attract investment while every other country is looking at dropping theirs. Canada's is at 2.7 for example. Higher interest rates also slow economic growth 

 

[Nationalist]

11 hours ago, Hodad said:

Absolutely. I regular ask myself whether I have something to say on a topic. 

Clearly, you do not. 

I didn't really mind curt and abrasive. It's vapid and boring that  I find so depressing. You will reply endlessly, even when you clearly have nothing to add. It seems that in your mind the simple act of clicking the reply button constitutes debate. You're allegedly an adult, so this is concerning behavior. 

What I would think you should find depressing is your analysis of plans being executed right now. Has it occurred to you that I remember your support for the previous administration and their plans?

Ahhh your support for Brandon and his insanity is all over this site. You've managed to make hypocrisy a sport...Sport. So yes. My response to your analytical slop is all hypocrites like you deserve.

[WestCanMan]

On 5/8/2025 at 8:40 AM, gatomontes99 said:

*GASP*

The UK signed a new trade deal that benefits America? But I was told the tariffs wouldn't work! How can this be??!!

Is the UK in the habit of doing anything that's good for the UK lately? 

If Trump asked them to put Uranium in the drinking water they'd say "How much?" 

[gatomontes99]

2 hours ago, WestCanMan said:

Is the UK in the habit of doing anything that's good for the UK lately? 

If Trump asked them to put Uranium in the drinking water they'd say "How much?" 

Lol...hyperbole much?

I don't think this was a horrible deal for them. It wasn't some take over of their economy or anything. Plus, they got a little bit from us so it's a deal. Maybe not a great deal but certainly not a bad one either.

[WestCanMan]

1 hour ago, gatomontes99 said:

Lol...hyperbole much?

I don't think this was a horrible deal for them. It wasn't some take over of their economy or anything. Plus, they got a little bit from us so it's a deal. Maybe not a great deal but certainly not a bad one either.

[Aristides]

North American Auto Companies Blast UK Trade Deal

 

https://thehill.com/business/5292037-auto-industry-critics-trump-uk-deal/

 

Does Trump think anything through or is he out to screw North American auto makers?

Edited Sunday at 09:35 PM by Aristides

[robosmith]

On 5/11/2025 at 3:07 AM, Nationalist said:

What I would think you should find depressing is your analysis of plans being executed right now. Has it occurred to you that I remember your support for the previous administration and their plans?

Ahhh your support for Brandon and his insanity is all over this site. You've managed to make hypocrisy a sport...Sport. So yes. My response to your analytical slop is all hypocrites like you deserve.

You've managed to overlook ANOTHER mess made by Trump which crashed the stock market this time but enriched a few of his insider trader friends. 🤮

Joe Biden NEVER acted so recklessly with the economy as his plaything. 

Edited 7 hours ago by robosmith

[Nationalist]

5 hours ago, robosmith said:

You've managed to overlook ANOTHER mess made by Trump which crashed the stock market this time but enriched a few of his insider trader friends. 🤮

Joe Biden NEVER acted to recklessly with the economy as his plaything. 

Brandon...and his counsel who really ran the country...was a complete failure in every way possible. 

As for the markets...they're recovering nicely and your assumptions are nothing more that sour grapes.

[robosmith]

6 hours ago, Nationalist said:

Brandon...and his counsel who really ran the country...was a complete failure in every way possible. 

As for the markets...they're recovering nicely and your assumptions are nothing more that sour grapes.

OTC, the economy Biden handed over to Trump was "the envy of the world."

Thanks for proving once again how willfully CLUELESS YOU ARE.

The envy of the world | Oct 19th 2024 | The Economist

 

The Economist

https://www.economist.com

 

The Economist’s distilled global coverage offers prescient perspectives on today’s issues.

 

 

Search Results

The envy of the world | Oct 19th 2024

The Economist

https://www.economist.com › special-report

 

Oct 19, 2024 — The envy of the world ; The American economy has left other rich countries in the dust. Expect that to continue, argue Simon Rabinovitch and ...

 

Quote

The statement that the Biden economy is the "envy of the world" is supported by various economic indicators. The U.S. economy has shown strong growth, particularly in comparison to other major economies. Specifically, the U.S. has seen robust GDP growth, significant job creation, and a historically low unemployment rate. Additionally, the stock market has performed well, and consumer spending has been strong. 

 

Here's a more detailed look at the supporting evidence:

• Stock Market:

  The stock market has performed strongly, indicating investor confidence in the economy. 

   

• Consumer Spending:

  Strong consumer spending has been a key driver of economic growth, supported by a healthy job market, declining inflation, and a booming stock market. 

   

• International Comparisons:

  The Economist and other publications have noted that the U.S. economy is outperforming other rich countries and is the envy of the world. 

   

• IMF Forecasts:

  The IMF has predicted that the U.S. will grow at a faster rate than any other G7 country this year, further highlighting the strength of the U.S. economy. 

• Economic Growth:

  The U.S. economy has been growing faster than many other developed nations, with GDP growth significantly outpacing that of other G7 countries. 

   
• Job Market:

  The unemployment rate has reached a 50-year low, and millions of jobs have been created. 

   

 

 

 

 

 

 

[Nationalist]

12 minutes ago, robosmith said:

OTC, the economy Biden handed over to Trump was "the envy of the world."

Thanks for proving once again how willfully CLUELESS YOU ARE.

The envy of the world | Oct 19th 2024 | The Economist

 

The Economist

https://www.economist.com

 

The Economist’s distilled global coverage offers prescient perspectives on today’s issues.

 

 

Search Results

The envy of the world | Oct 19th 2024

The Economist

https://www.economist.com › special-report

 

Oct 19, 2024 — The envy of the world ; The American economy has left other rich countries in the dust. Expect that to continue, argue Simon Rabinovitch and ...

 

 

 

 

 

 

 

Robo...you're full o' sh1t. Plain and simple.

Try reading the truth for a change.

https://www.heritage.org/budget-and-spending/heritage-explains/the-truth-about-joe-bidens-economy

 

[robosmith]

11 minutes ago, Nationalist said:

Robo...you're full o' sh1t. Plain and simple.

Try reading the truth for a change.

https://www.heritage.org/budget-and-spending/heritage-explains/the-truth-about-joe-bidens-economy

 

LMAO. You believe you get "truth" from a propaganda site.

The Economist has credibility and recognized expertise.

The Economist - Bias and Credibility

Media Bias/Fact Check

https://mediabiasfactcheck.com › ... › General News

 

Dec 6, 2024 — Overall, we rate The Economist as Least Biased based on balanced reporting and High for factual reporting due to a clean fact-check record.

 

[Nationalist]

9 minutes ago, robosmith said:

LMAO. You believe you get "truth" from a propaganda site.

The Economist has credibility and recognized expertise.

The Economist - Bias and Credibility

Media Bias/Fact Check

https://mediabiasfactcheck.com › ... › General News

 

Dec 6, 2024 — Overall, we rate The Economist as Least Biased based on balanced reporting and High for factual reporting due to a clean fact-check record.

 

The US economy was appearing OK and touted as such because it levelled off better that others did post covid. That does not mean the economy was "good"...because it wasn't. It was just better or more stable than a lot of others.

Now quit lying and tell the truth for once in your miserable, effeminate existence.

Edited 6 hours ago by Nationalist