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

[xuenchen]

******I know it's not tariff related******

This is huge for my family and 62 million other Americans

Rapid Response 47
@RapidResponse47

"Starting next year, the IRS is cutting many retirees a bit more slack. Under the new law, individuals age 65 and older can claim an additional $6,000 deduction on top of the existing standard senior deduction. Married couples... that's a $12,000 tax break."

It's like The IRS is being "Tariffed" 

[putnam6]

Nice breakdown of Trump's Tariff Trade Triumph at Turnberry, Ive heard Trump just loves vanilla milkshakes




Nas
@Nas_tech_AI
·11h
 
Here's what actually happened at Turnberry:
 
Europe agreed to spend $1.4 trillion with America over the next three years.
 
$750 billion in American energy purchases.
$600 billion in additional US investments.
 
These numbers are staggering.
 
The “15% tariff” isn’t the full story.
 
It’s higher than pre-2024 levels… but it saved both economies from a crisis.
 
Trump began at 30%, then pushed for 50%.
 
Europe just bought it down with record-breaking investment promises.
But here's the strategic masterstroke most people missed:
 
Certain sectors got complete exemptions from tariffs.
 
Aircraft and components.
Semiconductor equipment.
Critical chemicals.
 
Some agricultural products.
 
These aren't random—they're strategic supply chains.
While media focused on the tariff headlines, Trump secured something far more valuable:
 
A guaranteed customer for American energy exports.
 
Massive European investment in US infrastructure and defense.
 
A framework that other countries are now desperate to replicate.
This creates a completely new template for international relations.
 
Instead of traditional diplomacy, Trump is using "commercial diplomacy."
 
Countries can now negotiate lower tariffs by making massive investment pledges.
 
Japan already proved this works—$550 billion got them
The ripple effects are already starting:
 
Treasury Secretary Bessent confirmed 75+ countries are now "bringing their best offers."
 
Everyone wants to cut a deal before facing the full tariff threat.
 
This is the new playbook for American economic dominance.
 
What the media won't tell you:
 
European leaders are publicly celebrating, but privately they know the truth.
 
This isn't a partnership—it's America collecting tribute from its largest trading partners.
 
Europe just agreed to fund American energy independence.
 
Steel and aluminum tariffs remain untouched.
 
Pharmaceuticals are still on the negotiating table.
 
But the framework is set: massive investments in exchange for market access.
 
This is how America rebuilds its economic empire—one deal at a time.

[IDELB2006]

More good news.

CBS

Now I can also pay for other peoples tariffs. Why does all this free money always cost me more?

President Trump on Friday said he's considering issuing rebate checks for Americans based on the billions in new tariff revenue collected by his administration. 
"We're thinking about a little rebate. But the big thing we want to do is pay down debt. But we're thinking about a rebate," Mr. Trump said in comments to reporters before he left for a four-day visit to Scotland. 

Mr. Trump added that the rebate could be "for people of a certain income level," although he didn't specify the threshold that he's considering.

[DBCowboy]

More good news.

CBS

Now I can also pay for other peoples tariffs. Why does all this free money always cost me more?

Instead, I hope he just pays down the debt.

I'll pass on the rebate.

[IDELB2006]

Agreed. There was other positive info in the article, I'm just crabby because I'm not the one getting all the breaks.

[putnam6]

India and Indonesia are the only two countries of concern to our industry. 

We used to have a couple of excellent manufacturers from India who did quality goods, and we had good relations for years. Some not-so-good and a few downright crooked, like every other country, very tough, and always negotiating, generally good experiences mixed with not-so-good

A subsidiary branch of MODI Inc., back in the early 90s, gave us some hugely successful years just when we needed it the most.  

We had our clients' stores in Atlanta that needed merchandise for the Olympics, MODI sent us loads of merchandise at thier cost and we sold loads of it at wholesale, items like. sequined jacket with USA on the back but nice and tastefully done, 249 bucks wholesale. Then the Olympics, and we sold lots to high-end retailers, those proceeds kept us afloat till we rebuilt our foundation. Huge respect and admiration for the help of those businesses in India gave us, right when we needed.

IN my mind this reminds me of some of the tough back-and-forth negotiations we would sometimes have with Indian and Mexican manufacturers

Not downplaying this aspect of the tariff wars, and it's just an observation from life experiences it may or may not be applicable. 

We would routinely "break up" with some suppliers with angry words from both sides, and then a few months or even years later, we'd get back together and do business like nothing happened.

With India, thats is what will likely happen: some sectors will be fine and others will not. 

They are very honorable people and consider many of them friends. They are always negotiating, LOL always... tough but fair. 

[quintessentone]

Yeah, this is how most financial news is non-committal.... Summer retail is always sluggish, though it has been shown historically. 2.9% isn't considered high inflation, especially because some of that was from tariff uncertainties. 

There are many more variables involved, external and outside influences; it's not all on Trump's decisions either.

In 2005, we had a fantastic market season, and right as our largest market was closing, news of New Orleans and Katrina hit.  Only 2005 (4.1%) exceeded 4%; most Dubya years were below 3%. Our industry sector has always been hyper-sensitive to economic conditions, and we didn't get back to our pre-2005 numbers till 2010-2011

America's largest industries by market weight are all up YTD, overall up 14.59% no industry over 3% market weight is down for the year. For these many sectors to have positive YTD numbers despite the tariff troubles and concerns is remarkable.

[Image: https://denyignorance.com/uploader/image...51-166.jpg]


This is an interesting development, no doubt partially from DOGE and AI 


U.S. Job Cuts Surge in July 2025


Last updated 1 hour ago


U.S. employers announced 62,075 job cuts in July 2025, marking a 29% increase from June and a 140% rise from the previous year. These cuts, totaling over 806,000 for the year to date, stem from factors including AI automation and policy changes such as government efficiency initiatives and tariffs. The layoffs have primarily affected sectors like government and technology, contributing to heightened economic pressures.

Proctor & Gamble are raising prices on staples (tide, dawn etc.). This is the area where the American people will feel the pain, while the ultra rich sup on caviar and champagne on their newer and bigger yachts, courtesy of your tax dollars.

[putnam6]

The markets were angry my friend like an old man ordering soup from a deli.

We have to take the good with the bad... 

 

[UltraBudgie]

This is the area where the American people will feel the pain, while the ultra rich sup on caviar and champagne on their newer and bigger yachts, courtesy of your tax dollars.

this is a common misperception. it's really about the tiny sandwiches. tiny tiny sandwiches. caviar and champagne is more of a nouveau riche thing.

[quintessentone]

this is a common misperception. it's really about the tiny sandwiches. tiny tiny sandwiches. caviar and champagne is more of a nouveau riche thing.

I really doubt that.

"In summary, the global yacht market is expected to grow by 5.4% annually between 2022 and 2030, with over 800 super yachts sold in 2021."

How Many Yachts Are Sold Each Year? - TravelWithTheGreens.com | 2025