(05-08-2025 08:15 AM)Redwingtom Wrote:  Typical trump. End up with the same or worse deal and call it victory. Sad.

Before Liberation Day, I don't think we had any tariff on the UK at all, or very small. Not positive, but I seem to recall that. Not gonna look it up.

So the 10% we moved up to, while UK kept their normal 10% on us, would be a win.

The little Twitter graph above is bogus. The China tariffs shown should have indicated that.
https://www.bbc.com/news/live/cn91dxzv4p...4ebf9c9aed
"Donald Trump removes the 25% tariff on UK steel and aluminium, and immediately cuts the rate on most car exports from 27.5% to 10%

The lower car rate applies to the first 100,000 vehicles exported from the UK to the US each year - 101,000 were exported last year

In return, the UK government says it's removing the tariff on ethanol for US goods, and agrees "reciprocal market access on beef"

UK PM Keir Starmer called it a "fantastic, historic" day, as he joined the Oval Office news conference via phone

For Trump, this is a much-needed "win" on tariffs - and he sounds triumphant, our reporter in the White House says

The 10% tariff, announced on Trump's "Liberation Day" last month, still applies to most other UK goods entering the US

Conservative leader Kemi Badenoch says the UK has been "shafted"

I was watching. I'm pretty sure Starmer was there in person, standing over Trump's left shoulder.

(05-08-2025 11:32 AM)TripleA Wrote:  I was watching. I'm pretty sure Starmer was there in person, standing over Trump's left shoulder.

I thought that was the UK Ambassador.

(05-08-2025 11:35 AM)CrimsonPhantom Wrote:  

(05-08-2025 11:32 AM)TripleA Wrote:  I was watching. I'm pretty sure Starmer was there in person, standing over Trump's left shoulder.

I thought that was the UK Ambassador.

Yeah, could be. I had the sound down.

Will the Stock Market ever recover?

(05-08-2025 11:52 AM)Redbanksdog Wrote:  Will the Stock Market ever recover?

(05-08-2025 11:52 AM)Redbanksdog Wrote:  Will the Stock Market ever recover?

once she hits equilibrium, then it's -120 vs. +110 ... damage will happen along the trodden...

this one is different unless they pay att'n to tiered organizational value via the aqueducts...

(05-08-2025 11:39 AM)TripleA Wrote:  

(05-08-2025 11:35 AM)CrimsonPhantom Wrote:  

(05-08-2025 11:32 AM)TripleA Wrote:  I was watching. I'm pretty sure Starmer was there in person, standing over Trump's left shoulder.

I thought that was the UK Ambassador.

Yeah, could be. I had the sound down.

You were right.

WATCH: President Trump and UK Prime Minister Keir Starmer Announce Historic Trade Deal

Don't worry they'll be back to saying the president has nothing to do w/ the stock market.

(05-08-2025 11:29 AM)Eagleaidaholic Wrote:  The little Twitter graph above is bogus. The China tariffs shown should have indicated that.
https://www.bbc.com/news/live/cn91dxzv4p...4ebf9c9aed
"Donald Trump removes the 25% tariff on UK steel and aluminium, and immediately cuts the rate on most car exports from 27.5% to 10%

The lower car rate applies to the first 100,000 vehicles exported from the UK to the US each year - 101,000 were exported last year

In return, the UK government says it's removing the tariff on ethanol for US goods, and agrees "reciprocal market access on beef"

UK PM Keir Starmer called it a "fantastic, historic" day, as he joined the Oval Office news conference via phone

For Trump, this is a much-needed "win" on tariffs - and he sounds triumphant, our reporter in the White House says

The 10% tariff, announced on Trump's "Liberation Day" last month, still applies to most other UK goods entering the US

Conservative leader Kemi Badenoch says the UK has been "shafted"

Perhaps he didnt get Tom's note saying that nothing was different....

(05-08-2025 10:14 AM)CrimsonPhantom Wrote:  

How is tariff revenue "external revenue"?

(05-08-2025 01:25 PM)BobcatEngineer Wrote:  

(05-08-2025 10:14 AM)CrimsonPhantom Wrote:  

How is tariff revenue "external revenue"?

Because It’s essentially income from international trade and transactions, like customs duties charged on goods entering the U.S. or fees from foreign entities. They are paying us to do business

(05-08-2025 01:25 PM)BobcatEngineer Wrote:  

(05-08-2025 10:14 AM)CrimsonPhantom Wrote:  

How is tariff revenue "external revenue"?

What do you think tarriffs on our goods to other countries are

Deductibles?

FFS

(05-08-2025 12:09 PM)CrimsonPhantom Wrote:  

(05-08-2025 11:39 AM)TripleA Wrote:  

(05-08-2025 11:35 AM)CrimsonPhantom Wrote:  

(05-08-2025 11:32 AM)TripleA Wrote:  I was watching. I'm pretty sure Starmer was there in person, standing over Trump's left shoulder.

I thought that was the UK Ambassador.

Yeah, could be. I had the sound down.

You were right.

WATCH: President Trump and UK Prime Minister Keir Starmer Announce Historic Trade Deal

Dang, that's twice I've been right today.

(05-08-2025 07:02 PM)TripleA Wrote:  

(05-08-2025 12:09 PM)CrimsonPhantom Wrote:  

(05-08-2025 11:39 AM)TripleA Wrote:  

(05-08-2025 11:35 AM)CrimsonPhantom Wrote:  

(05-08-2025 11:32 AM)TripleA Wrote:  I was watching. I'm pretty sure Starmer was there in person, standing over Trump's left shoulder.

I thought that was the UK Ambassador.

Yeah, could be. I had the sound down.

You were right.

WATCH: President Trump and UK Prime Minister Keir Starmer Announce Historic Trade Deal

Dang, that's twice I've been right today.

So was my broken clock

^^ That was my joke. :)

(05-08-2025 07:02 PM)TripleA Wrote:  

(05-08-2025 12:09 PM)CrimsonPhantom Wrote:  

(05-08-2025 11:39 AM)TripleA Wrote:  

(05-08-2025 11:35 AM)CrimsonPhantom Wrote:  

(05-08-2025 11:32 AM)TripleA Wrote:  I was watching. I'm pretty sure Starmer was there in person, standing over Trump's left shoulder.

I thought that was the UK Ambassador.

Yeah, could be. I had the sound down.

You were right.

WATCH: President Trump and UK Prime Minister Keir Starmer Announce Historic Trade Deal

Dang, that's twice I've been right today.

Quote:UK Prime Minister Keir Starmer, who joined the ceremony via phone, stated, “With this President and this Prime Minister, we’ve managed to achieve what many people have tried to achieve for many years, and I’m really pleased.”

(05-08-2025 09:34 PM)WKUYG Wrote:  

(05-08-2025 07:02 PM)TripleA Wrote:  

(05-08-2025 12:09 PM)CrimsonPhantom Wrote:  

(05-08-2025 11:39 AM)TripleA Wrote:  

(05-08-2025 11:35 AM)CrimsonPhantom Wrote:  I thought that was the UK Ambassador.

Yeah, could be. I had the sound down.

You were right.

WATCH: President Trump and UK Prime Minister Keir Starmer Announce Historic Trade Deal

Dang, that's twice I've been right today.

Quote:UK Prime Minister Keir Starmer, who joined the ceremony via phone, stated, “With this President and this Prime Minister, we’ve managed to achieve what many people have tried to achieve for many years, and I’m really pleased.”

Okay, once.