Pirate's Cove

I’m sure this is giving all those Trump hating Credentialed Media outlets a big sad. Like the Washington Post

Trump expected to announce trade agreement with United Kingdom

President Donald Trump will announce a trade agreement with the United Kingdom on Thursday morning, according to a person familiar with the matter.

The deal is the first the administration hopes to sign with dozens of trading partners across the world. Trump in early April announced tariffs on more than 70 countries worldwide, but then implemented a 90-day pause to allow for negotiations before they went into effect.

Details of the expected agreement with Britain were not immediately available but were confirmed by a person with knowledge of the agreement, who spoke on the condition of anonymity because they were not authorized to speak publicly.

Trump teased the announcement in a Truth Social post Wednesday night.

That’s good, right?

Experts have been skeptical that any agreements reached in such a short amount of time will significantly alter trading barriers between the United States and other countries. Administration officials have suggested Trump might first reach agreements that would serve as frameworks for future negotiations.

It’s no surprise that the Washington Post is skeptical: they do not want it to happen. They want Trump to fail, even if it hurts Americans. They want Americans to hurt so that Democrats can win the mid-terms and stop Trump, even impeach him.

(NY Times) Timothy C. Brightbill, an international trade attorney at Wiley Rein, said the announcement would probably be “just an agreement to start the negotiations, identifying a framework of issues to be discussed in the coming months.”

“We suspect that tariff rates, nontariff barriers and digital trade are all on the list — and there are difficult issues to address on all of these,” he added.

That would still be a good thing, right? Again, I disagree with the way Trump did the tariffs. I would have preferred using them as threats and trying to negotiate for a year or so first. Regardless, there needs to be a better trade balance, since most of the nations put big tariffs on US goods coming into other countries, while the US has zero to low tariffs on goods brought into the US. Tariffs need to be equitable.