More than 50 countries have reached out to the President to begin tariff negotiations

[RickyD]

So, nothing of substance to add to the thread,

Show me your adding and subtracting? that awakened you 

It is approximately 400 million in 2024 #1 and #2, it's only catastrophic if it lasts over 60-90 days, where am I wrong exactly? 

And again, let's not forget the Chinese tariffs if left for a full 12 months, would be 900-1200 bucks extra a year. 

LOL Im saving that on lower gas prices already, 28 bucks a fill up

Hey, look, there are some maths

Furthermore, China lowering tariffs to 10% is better than the 20% America paid all last year
[Image: https://pbs.twimg.com/profile_images/168...normal.jpg]
SVB Ventures

@SVB_Ventures
·
3m
@SVB_VenturesThe United States and China have reached a temporary 90-day agreement to reduce tariffs on each other’s goods, with the U.S. cutting tariffs from 145% to 30% and China lowering them from 125% to 10%. This move aims to ease prolonged trade tensions between the world’s two largest economies, improve economic relations, and strengthen global supply chains. The tariff cuts are expected to help curb inflation and boost bilateral trade, though the agreement remains temporary amid ongoing uncertainties. Following the announcement, Bitcoin surged above $105,000, reflecting investor optimism about reduced geopolitical and trade risks.

One of the reasons I tend to say my piece and not persue it with others...is typically they don't intend to ever listen and think about what was said. Its always a rush to counter. That's fine with me...I will just act accordingly. Some people are happy to only view their perspective and any kind of debate is considered arguing wrong think...I don't roll like that.

[putnam6]

One of the reasons I tend to say my piece and not persue it with others...is typically they don't intend to ever listen and think about what was said. Its always a rush to counter. That's fine with me...I will just act accordingly. Some people are happy to only view their perspective and any kind of debate is considered arguing wrong think...I don't roll like that.

I hear you, man. It's mostly practice, Im not trying to change anybody's minds here, I want somebody to change my mind, and I've seen scant evidence so far. 

I work in sales, and both customers and coworkers have had the same WCSWNFB tariff questions and concerns. With some of them, you have to reiterate over and over that it's going to be all right. Ive seen the same concerns and Ive used the same rationale in those discussions Ive used here. 

Ive struck my nose in it enough and talked to enough people who have to make hard decisions. Im not 100% by any means, but Im easily 85%-90%, it will be more than fine economically once it's completely hashed out. 

Besides, it's a lot like working in a family business, you get used to the constant back and forth. Im used to being challenged. Hell, I want to be challenged and discuss this situation rationally, just haven't seen evidence of the economy crashing or huge extra financial costs without getting significant savings elsewhere. 

Between gas prices and other lowered costs, our operating expenses were lower in the first quarter of 2025 than in the last 3 years. We will know more in July and August, which is where a huge chunk of our yearly expenses occur.


Below is what kills our business and is why some companies were looking to manufacture elsewhere  

[Oldcarpy2]

Hmmm....Things are going so well with Trump economics that Moody's have downgraded the US rating.

He seems to be a reverse Robin Hood, stealing from the poor to give to the rich.

But all is fine and dandy....

[putnam6]

Moody's rating is critical for maintaining low-cost borrowing and global economic trust, but its influence is tempered by the U.S.'s unique position as a global financial powerhouse. Any downgrade would likely have moderate, not catastrophic, effects

 Moody's Sovereign Credit Ratings for Major Economies (May 2025)
The following list includes ratings for the largest economies, with emphasis on those explicitly mentioned in recent sources. Where specific ratings for 2025 are unavailable, I’ve used the most recent data (e.g., October 2024) and noted any known updates. Countries are listed roughly in order of nominal GDP size, though not strictly ranked, as GDP rankings can vary by source.

• United States: Aa1, Stable (downgraded from Aaa in May 2025)
  
• China: A1, Stable
  
• Japan: A1, Stable
  
• Germany: Aaa, Stable
  
• India: Baa3, Stable
  
• United Kingdom: Aa3, Stable
  
• France: Aa2, Stable
  
• Italy: Baa3, Negative
  
• Canada: Aaa, Stable
  
• South Korea: Aa2, Stable
  
• Australia: Aaa, Stable
  
• Brazil: Ba2, Positive (as of October 2024)
  
• Russia: Not explicitly rated in recent sources; previously Ca (speculative grade) due to sanctions and default risks.
  
• Mexico: Baa2, Stable
  
• Spain: Baa1, Stable
  
• Netherlands: Aaa, Stable
  
• Indonesia: Baa2, Stable (as of October 2024)
  
• Turkey: B1, Positive (as of October 2024)
  
• Saudi Arabia: A1, Stable (as of October 2024)
  
• Switzerland: Aaa, Stable
  
• Poland: A2, Stable
  
• Belgium: Aa3, Stable
  
• Sweden: Aaa, Stable
  
• Norway: Aaa, Stable
  
• Singapore: Aaa, Stable
  
• Austria: Aa1, Stable
  
• Denmark: Aaa, Stable
  
• Ireland: Aa3, Stable
  
• Thailand: Baa1, Stable
  
• Israel: Baa1, Negative
  
• United Arab Emirates: Aa2, Stable
  
• Malaysia: A3, Stable
  
• Philippines: Baa2, Stable
  
• Hong Kong: Aa3, Stable
  
• South Africa: Ba2, Stable
  
• Colombia: Baa2, Stable
  
• Finland: Aa1, Stable
  
• Chile: A2, Stable
  
• Czech Republic: Aa3, Stable
  
• Portugal: A3, Stable
  
• New Zealand: Aaa, Stable
  
• Peru: Baa1, Stable
  
• Romania: Baa3, Stable
  
• Greece: Ba1, Stable
  
• Hungary: Baa2, Stable
  
• Qatar: Aa3, Stable
  
• Kuwait: A1, Stable
  
• Morocco: Ba1, Stable
  
• Algeria: Not explicitly rated in recent sources; typically speculative grade.
  
• Egypt: B3, Stable
  

[putnam6]

Investors shrug off Moody's downgrade as stocks, U.S. borrowing costs stay largely flatThe U.S.' demotion to an Aa1 rating garnered international headlines, but individual stock buyers continue to help prop up the market.

https://www.nbcnews.com/business/markets...rcna207730

Late Friday, Moody’s became the third and final major ratings agency to downgrade U.S. debt, reducing it by one notch from AAA to Aa1. Credit ratings agencies help determine how reliably a country can pay off its debt.
Yet the market for U.S. government debt has so far remained mostly stable. As of 4 p.m., the yield on the 10-year Treasury note — the government’s benchmark loan asset — was only a few percentage points above where it traded Friday, climbing to 4.46%. That remans well below the most recent high of 4.59% briefly seen last month.
“The downgrade itself doesn’t seem so far to have made much of a market splash,” analysts at the Capital Economics research consultancy wrote in a note.
While the government’s debt yield — or the percentage return demanded by investors for lending to it — briefly climbed Monday, the analysts said, “the moves haven’t been enormous.” They noted similar market reactions to the prior U.S. credit downgrades, which occurred in 2011 and 2023.
While stock and bond buyers went largely unscathed Monday, home buyers now face higher mortgage costs as a result of the downgrade. The average rate on the popular 30-year fixed-rate loan hit as much as 7.04% on Monday, according to Mortgage News Daily. That was the highest level since April 11.
“The average mortgage lender had to account not only for the market movement in Friday’s closing minutes, but also to the additional weakness seen this morning. That makes for a fairly big jump, day-over-day, but it does very little to change the bigger picture,” Matthew Graham, chief operating officer at Mortgage News Daily, said according to CNBC.
In remarks accompanying its downgrade, Moody’s said America’s ability to control its balance sheet has eroded over the years, something that has forced yields higher.
“Successive U.S. administrations and Congress have failed to agree on measures to reverse the trend of large annual fiscal deficits and growing interest costs,” it said. “We do not believe that material multi-year reductions in mandatory spending and deficits will result from current fiscal proposals under consideration.”

[Playswithmachine]

Hmm, i am doubtful of this. As far as i can see, not a single country has approached Trump to secure a tariff deal.
Well the UK prime minister Sir Kier Stalin, went to the white house to broker a deal, and even then it was on behalf of Jaguar / Landrover / Rolls royce.
Deals for rich people who want to buy their cars. And even then there is some fine print at the bottom of the page that says "this is not a deal".

This is a complete joke, Trump seems to have the idea that those countries pay the tariffs. They don't. Americans will pay those extra tariffs, straight into Donald's gubmint koffers. And EVERYONE will be affected, farmers, auto makers, chemical companies, clothing manufacturers.
Why? Because all the big companies thought it was a great idea to OUTSOURCE the manufacturing to other countries, where labour & materials are much cheaper. Apple could not make a single iPhone in the US even if they wanted to. They are going to outsource it to India. How's that working out for you, Apple? You can't even make the damn chips, only 4 countries in the world that can make those chips, and not one of them is the US!
Trump is worthy of a new Narcist scale, going from Jesus (0%) to Trump (2000%). You peeps are well & truly screwed, sorry to say.

[putnam6]

Hmm, i am doubtful of this. As far as i can see, not a single country has approached Trump to secure a tariff deal.
Well the UK prime minister Sir Kier Stalin, went to the white house to broker a deal, and even then it was on behalf of Jaguar / Landrover / Rolls royce.
Deals for rich people who want to buy their cars. And even then there is some fine print at the bottom of the page that says "this is not a deal".

This is a complete joke, Trump seems to have the idea that those countries pay the tariffs. They don't. Americans will pay those extra tariffs, straight into Donald's gubmint koffers. And EVERYONE will be affected, farmers, auto makers, chemical companies, clothing manufacturers.
Why? Because all the big companies thought it was a great idea to OUTSOURCE the manufacturing to other countries, where labour & materials are much cheaper. Apple could not make a single iPhone in the US even if they wanted to. They are going to outsource it to India. How's that working out for you, Apple? You can't even make the damn chips, only 4 countries in the world that can make those chips, and not one of them is the US!
Trump is worthy of a new Narcist scale, going from Jesus (0%) to Trump (2000%). You peeps are well & truly screwed, sorry to say.

How are we screwed? 

These negotiations are driven by Trump’s “Fair and Reciprocal Plan on Trade,” which imposes tariffs to address trade deficits and non-tariff barriers, with a 90-day pause (ending early July 2025) for most countries except China. Its May we got 60 days.


Ive theorized in this thread, for example, if the Chinese tariff continued at the raised rate the the average American household would see an extra 900-1200 dollars A YEAR cost. As Ive mentioned over and over, his prescription medicine bill we save my household double that, throw in our savings on petrol, we will easily be ahead of the game for 2025 and 2026 YMMV. 

You are speaking emotionally, WCSWNFB, while Im speaking economically and logically, that sooner or later the 7-8 major trade countries will have trade deals with the US, till then TPTB will operate under temporary agreements.

 

 
Yes, several countries are actively negotiating trade deals with the United States, primarily in response to President Donald Trump's tariff policies initiated in April 2025. Here’s a summary based on recent information:

• United Kingdom: A trade deal was announced on May 8, 2025, which provides American companies increased market access, particularly in agriculture, and reduces non-tariff barriers. This deal is seen as a framework for further negotiations and includes a 10% U.S. tariff on U.K. goods.
  
• China: Following talks in Geneva, a temporary trade truce was announced on May 12, 2025, reducing U.S. tariffs on Chinese imports from 145% to 30% and Chinese tariffs on U.S. goods from 125% to 10% for 90 days. Both sides agreed to continue discussions through a consultation mechanism, with no major concessions beyond tariff reductions.
  
• South Korea: Negotiations are underway, with South Korea sending a team to the U.S. to discuss trade imbalances, tariffs, and other issues like shipbuilding and U.S. LNG purchases. However, progress is slowed by South Korea’s caretaker government due to an election scheduled for June 2025.
  
• Japan: Japanese Prime Minister Shigeru Ishiba is engaged in talks to avoid U.S. auto tariffs, offering potential deals involving U.S. LNG, cars, agriculture, and defense. A deal is anticipated by mid-June 2025, with non-tariff barriers being a key issue.
  
• Israel: Israeli Prime Minister Benjamin Netanyahu met with Trump to discuss deepening economic ties, with trade negotiations high on the agenda.
  
• Southeast Asian Countries: Economic ministers from Thailand, Indonesia, and Malaysia are in the U.S. seeking trade deals to mitigate tariffs ranging from 32% to 49%. These negotiations are complicated by China’s influence in the region and its warning against deals that harm its interests.
  
• Mexico and Canada: Under the USMCA, Mexico is largely unaffected by new tariffs, with ongoing discussions focusing on security issues like migration and fentanyl trafficking rather than trade restructuring. Canada’s trade minister has reported no significant progress on tariff negotiations, and renegotiating the USMCA is not currently on the table.
  
• Other Countries: The Trump administration claims negotiations with 17 of 18 major trading partners, covering 97-98% of the U.S. trade deficit. Countries like India and Italy have been mentioned in discussions, but no specific deals have been finalized. The administration aims to wrap up 80-90% of these by year-end, though many talks remain tentative.
  

These negotiations are driven by Trump’s “Fair and Reciprocal Plan on Trade,” which imposes tariffs to address trade deficits and non-tariff barriers, with a 90-day pause (ending early July 2025) for most countries except China. Its May we got 60 days.

However, foreign officials note that many proposals are preliminary, and comprehensive deals are complex and may not materialize quickly.
Always consider that trade negotiations are fluid, and outcomes depend on political, economic, and geopolitical factors. For the latest updates, checking primary sources like the Office of the United States Trade Representative (ustr.gov) or recent news is advisable.

[UltraBudgie]

WCSWNFB

[putnam6]

[Image: https://denyignorance.com/uploader/images/9ush65.jpg]

LOL, my life is extremely mundane, but it isn't Pointdexter mundane... 

90% of the time, I type WCSWNFB instead of worst case scenario with no factual basis because Im typing in the dark and I can't see the keyboard.  

BIAFYRMP....

[quintessentone]

Putnam6, Amazon is leaving U.S.A. Your leader choice is a FAIL!