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05-13-2025, 08:29 AM
This post was last modified: 05-13-2025, 08:57 AM by putnam6. 
(05-13-2025, 06:34 AM)quintessentone Wrote: There is no new deal yet with China so there are no ramifications to discuss. I don't consider chaotic stocks rising and falling as anything to go by at this point in time.
Where is India and the other 198 countries, Trump has said he is in discussions with? Crickets. Patience Prudence...
Everything is moving along fine, last time there ws significant negotiations with China it took 6 months to finalize and that was without working on other trade deals
India has been a bit distracted by its neighbor. Here's where the US and India are at the moment, according to Grok. FWIW, some rumors the Chinese weren't too happy with Trump and Modi dancing so closely. Preliminary indications both India and the US want to double thier bilateral trade, some think this was the impetus for the China talks in Geneva.
America is in active talks with all of its 18 top trade partners... and the White House has stated that 130 countries wanted to meet before the end of April, regardless some deals will get done quicker than others based on the countries and number of sectors covered. For example, one country has just one export to the US. While others can export hundreds, each one of those sectors has to be negotiated, which can require industry experts to iron out all the details. THE REALITY of trade agreements.
JD Vance suggested the India trade deal is so complex it might take till the end of the year, so the temporary agreement will be lengthened in the sectors necessary.
https://x.com/i/grok/share/fqWckw8MGazXLE06d06pAnMhz
Quote:Where is the US and India at on thier trade deal
As of May 2025, the United States and India are actively negotiating a bilateral trade agreement, with significant progress reported. Here’s a summary of the current status based on recent developments:- Negotiations and Terms: The two countries have finalized the terms of reference for a trade deal covering 19 chapters, including tariffs, goods, e-commerce, farm goods, and data storage. Discussions began in April 2025, with a notable three-day meeting starting April 23 in Washington, showing positive progress.
- India’s Tariff Concessions: India has offered to significantly reduce its tariff gap with the U.S., from nearly 13% to less than 4%, a two-thirds cut. Proposals include zero tariffs on U.S. imports of steel, auto components, and pharmaceuticals. India is also prepared to offer a "most-favored-nation" clause to sweeten the deal, aiming to replace China as a key U.S. supplier in certain sectors.
- Timeline and Goals: Both nations aim to finalize at least the first tranche of the trade deal by the end of 2025. Vice President JD Vance and Prime Minister Narendra Modi have agreed on a negotiation roadmap, with ambitions to more than double bilateral trade.
- Context and Challenges: The U.S. has highlighted a lack of reciprocity in the current trade relationship, with India’s average applied tariff at 17%, among the highest globally. The U.S. total goods trade with India was $129.2 billion in 2024. India’s exports to the U.S. hit a record $11.2 billion in March 2025. Amid U.S.-led tariff tensions and a recent U.S.-China trade agreement, India is also considering counter-duties on U.S. products but has paused reciprocal tariffs (e.g., a 26% levy on Indian exports) for 90 days until July 8, 2025, to facilitate talks.
- Strategic Moves: India’s willingness to commit to higher imports of U.S. energy products and defense equipment is part of addressing the trade imbalance. The deal is seen as a strategic move to strengthen ties, especially as India secures other trade agreements, like a recent one with the UK.
While the deal is not yet finalized, the negotiations are on a promising track with a clear timeline, significant concessions from India, and high-level political support. However, challenges like balancing reciprocity and addressing India’s trade deficit concerns remain. For the latest updates, checking sources like ustr.gov or major news outlets like Reuters would provide real-time details.
As for the markets, are you looking at the foreign markets? because
Dow and Nasdaq are up well over where they were 12 months ago, with plenty of room for growth.
Even the Volatility Index is in better shape than a year ago...
The S&P has skyrocketed compared to the same time last year
As for finalized trade deals, those can take months, but till they are, most countries operate under temporary trade agreements just as we are doing with China.
His mind was not for rent to any god or government
Always hopeful yet discontent, knows changes aren't permanent
But change is
Professor Neil Ellwood Peart
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(05-13-2025, 08:29 AM)putnam6 Wrote: Everything is moving along fine, last time there ws significant negotiations with China it took 4 months to finalize and that was without working on other trade deals
India has been a bit distracted by its neighbor. Here's where the US and India are at the moment, according to Grok. FWIW, some rumors the Chinese weren't too happy with Trump and Modi dancing so closely. Preliminary indications both India and the US want to double thier bilateral trade, some think this was the impetus for the China talks in Geneva.
America is in active talks with all of its 18 top trade partners... and the White House has stated that 130 countries wanted to meet before the end of April, regardless some deals will get done quicker than others based on the countries and number of sectors covered. For example, one country has just one export to the US. While others can export hundreds, each one of those sectors has to be negotiated, which can require industry experts to iron out all the details. THE REALITY of trade agreements.
JD Vance suggested the India trade deal is so complex it might take till the end of the year, so the temporary agreement will be lengthened in the sectors necessary.
https://x.com/i/grok/share/fqWckw8MGazXLE06d06pAnMhz
As for the markets, are you looking at the foreign markets? because
Dow and Nasdaq are up well over where they were 12 months ago, with plenty of room for growth.
Even the Volatility Index is in better shape than a year ago...
The S&P has skyrocketed compared to the same time last year
As for finalized trade deals, those can take months, but till they are, most countries operate under temporary trade agreements just as we are doing with China.
[Image: https://denyignorance.com/uploader/image...30-404.jpg]
[Image: https://denyignorance.com/uploader/image...44-474.jpg]
[Image: https://denyignorance.com/uploader/image...23-316.jpg]
[Image: https://denyignorance.com/uploader/image...57-084.jpg]
You mean that the anticipated 30% tariffs on Chinese goods which American companies will pay, then to perhaps (more than likely) raise prices, where the consumer will have to pay is going along just fine?
"The only journey is the one within."
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Supposedly signed a few moments ago ... this will likely be a humongous deal
His mind was not for rent to any god or government
Always hopeful yet discontent, knows changes aren't permanent
But change is
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(05-13-2025, 08:35 AM)putnam6 Wrote: Supposedly signed a few moments ago ... this will likely be a humongous deal
[Image: https://denyignorance.com/uploader/image...38-291.jpg]
What percentage of tariff will American companies have to pay with this deal?
"The only journey is the one within."
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(05-12-2025, 03:39 PM)Oldcarpy2 Wrote: Posted from the pub. Not.
![[Image: ZiRrK5-3987197068.gif]](https://denyignorance.com/uploader/images/ZiRrK5-3987197068.gif)
From Nando's next to the pub?
AAA meeting?
A Mosque?
An imaginary and frightful land where only worst-case scenarios occur?
His mind was not for rent to any god or government
Always hopeful yet discontent, knows changes aren't permanent
But change is
Professor Neil Ellwood Peart
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(05-13-2025, 08:55 AM)putnam6 Wrote: [Image: https://denyignorance.com/uploader/image...197068.gif]
From Nando's next to the pub?
AAA meeting?
A Mosque?
An imaginary and frightful land where only worst-case scenarios occur?
No. From my lovely cottage in a very peaceful and beautiful village in Wiltshire, not that is any of your business.
'l'll just check my Giveashitometer....Nope. Nothing...
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(05-13-2025, 08:55 AM)putnam6 Wrote: [Image: https://denyignorance.com/uploader/image...197068.gif]
From Nando's next to the pub?
AAA meeting?
A Mosque?
An imaginary and frightful land where only worst-case scenarios occur?
Portrayal of you in the pub with a spiked coffee...just my imagination. lol Is there a middle place?
"The only journey is the one within."
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(05-13-2025, 08:34 AM)quintessentone Wrote: You mean that the anticipated 30% tariffs on Chinese goods which American companies will pay, then to perhaps (more than likely) raise prices, where the consumer will have to pay is going along just fine?
LOL just 4 days ago everybody was freaking over 124% tariffs, today's it 30% and FWIW all the companies we represent say our suppliers in China will eat the 30% for the 90 days. After that, we shall see, some will pay, some won't.
Every item from China won't mean an extra 30% to the end consumer. If the 30% is enacted for 12 months, it will cost $900-$1200 a year, extra on the low end, $100 bucks a month. I think I could manage that even on my limited, low summer income.
So we aren't talking large numbers, even if the tariffs last a whole year... as I mentioned, if the prescription drug reduction goes through, thats over a $200 savings month by itself.
His mind was not for rent to any god or government
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But change is
Professor Neil Ellwood Peart
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(05-13-2025, 09:19 AM)putnam6 Wrote: LOL just 4 days ago everybody was freaking over 124% tariffs, today's it 30% and FWIW all the companies we represent say our suppliers in China will eat the 30% for the 90 days. After that, we shall see, some will pay, some won't.
Every item from China won't mean an extra 30% to the end consumer. If the 30% is enacted for 12 months, it will cost $900-$1200 a year, extra on the low end, $100 bucks a month. I think I could manage that even on my limited, low summer income.
So we aren't talking large numbers, even if the tariffs last a whole year... as I mentioned, if the prescription drug reduction goes through, thats over a $200 savings month by itself.
Who is freaking out? I am following how much the American business owner then consumer will get screwed over in the end. Anything to avoid taxing the rich.
"The only journey is the one within."
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Israel Radar
@IsraelRadar_com
White House says Trump signed largest defense deal in history with Saudi Arabia, worth over $140 billion, providing the Saudis with advanced military gear and related services.
How does this affect the US commitment to ensure Israel's military edge? We'll wait for more details.
His mind was not for rent to any god or government
Always hopeful yet discontent, knows changes aren't permanent
But change is
Professor Neil Ellwood Peart
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