Dozens of countries have come to the negotiating table this week. EU sending representatives this weekend to strike deals.
Hilarious fence riding from a CNN article titled “Trump has 90 days to do 150 trade deals. Financial markets aren’t buying it”
Despite the remaining escalation with China the markets are up considerably from earlier in the week but Wall Street isn’t buying it? Lol they are literally buying it. Hey CNN: it isn’t that complex.
Keep drinking the MAGA Kool Aid! We have no idea what will happen during these trade negotiations.
Nobody is rushing or “dying to make deals” with Trump. Nobody is “kissing his ass.” These countries will start negotiations, but they expect any potential agreement to be “fair, reciprocal and mutually beneficial.” They will think long-term, knowing the Trump administration is chaotic and unreliable.
As to the EU, it offered zero-for-zero industrial tariffs, which was rejected. I expect the EU will try to negotiate a new agreement, but it also plans to hedge against reliance on U.S. trade in response to the unpredictability of American policy. It plans to pivot away from a U.S.-centric trade policy.
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