This is a joke! Newsflash: We don’t have a trade deficit with the UK—we have a trade surplus. This is pure theater. Trump‘s one and only trade deal is a solution to a problem that doesn’t exist.
740 reposts1.9K likes
This is a joke! Newsflash: We don’t have a trade deficit with the UK—we have a trade surplus. This is pure theater. Trump‘s one and only trade deal is a solution to a problem that doesn’t exist.
740 reposts1.9K likes
It's pure theater alright. bsky.app/profile/just...
Trump's "big" trade deal is with the UK: - It's a framework not a deal - They're our 11th largest trading partner - They're only 3% of US trade (97% to go) - They *already* charge average tariffs of only 1% (limited upside) It's a photo op, not a macroeconomically significant moment.
Probably also worth noting that what they have at this point is a “framework” of a deal. Not an actual deal. www.bloomberg.com/news/article...
Smoke and mirrors. @lawrenceodonnell.msnbc.com called it! #gaslighting
No unfortunately it's not. The way it looks, Starmer will sign a deal that essentially bars the UK from further alignment with EU. Exactly what Trump is aiming for.