- Joined
- Dec 4, 2018
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Several times I have said that there are no trade deals from Trump. When people challenge me on that statement, I ask them to point me to the text of such deals. Show me the deals "on paper".
You can't, because the "deals" don't exist. Sure, there are probably some things written down by those involved, but we can't see that because they amount to basically ideas, goals, or a framework at best.
Lutnick, Bessent, and Trump himself have often said the letters sent or even the tariff rates most recently announced are the "trade deals".
So that's really it. The only semi-static and recorded portion of any of these trade deals is the amount of taxes Trump has set against goods and services from foreign companies.
There has been little (none?) talk of ratifying a single trade "deal" in Congress yet.
Because they simply don't exist.
You can't, because the "deals" don't exist. Sure, there are probably some things written down by those involved, but we can't see that because they amount to basically ideas, goals, or a framework at best.
Lutnick, Bessent, and Trump himself have often said the letters sent or even the tariff rates most recently announced are the "trade deals".
So that's really it. The only semi-static and recorded portion of any of these trade deals is the amount of taxes Trump has set against goods and services from foreign companies.
There has been little (none?) talk of ratifying a single trade "deal" in Congress yet.
Because they simply don't exist.