Mainecat
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Posts posted by Mainecat
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The US predicted 90 trade deals in 90 days. So far there have been 2
WASHINGTON (AP) — President Donald Trump and his advisers promised a lightning round of global trade negotiations with dozens of countries back in April.
White House trade adviser Peter Navarro predicted “90 deals in 90 days.’’ Administration officials declared that other countries were desperate to make concessions to avoid the massive import taxes – tariffs -- that Trump was threatening to plaster on their products starting July 9.
But the 90 days have come and gone. And the tally of trade deals stands at two – one with the United Kingdom and one with Vietnam. Trump has also announced the framework for a deal with China, the details of which remain fuzzy.
Trump has now extended the deadline for negotiations to Aug. 1 and tinkered with his threatened tariffs, leaving the global trading system pretty much where it stood three months ago — in a state of limbo as businesses delay decisions on investments, contracts and hiring because they don’t know what the rules will be.
https://apnews.com/article/trump-tariff-deadline-japan-south-korea-trade-7ea94de216329a9b011a3d3951ae5963 -
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Trump says a new 50% tariff on copper imports is coming
Last edited Tue Jul 8, 2025, 02:34 PM - Edit history (1)
Source: CNN Business
Updated 2:09 PM EDT, Tue July 8, 2025
CNN — President Donald Trump said Tuesday he’s imposing a new 50% tariff on all copper. However, it’s unclear when the new tariff would take effect.
“Today we’re doing copper,” he said at a Cabinet meeting, adding that he believed the rate will be 50%.
This would mark the fourth across-the-board tariff Trump has imposed during his second term. Currently, imported cars and car parts face a 25% tariff while imported steel and aluminum face 50% tariffs.
Trump ordered a Section 232 investigation into copper imports in February.
Read more: https://www.cnn.com/2025/07/08/business/trump-copper-tariff -
28 minutes ago, krom said: If only the genius who said this, could have written the letter instead :
“We also recognize just as it has been in the U.S. for Jamaica one of the issues that has been presented as an issue that is economic in the way its impact has been the pandemic. So to that end we are announcing today also that we will assist Jamaica in covid recovery by assisting in terms of the recovery effort.”
“We invested an additional 12 billion dollars into community banks because we know community banks are in the community.”
“I think that to be very honest with you that i do believe that we should have rightly believed but we certainly believe that certain issues are just settled.”
“On this issue for example we applaud Germany in terms of what it has done as it relates to Nordstream 2, as it relates to what we need to do domestically as well as what we need ot do in terms of this issue generally we have as the president said reevaluated what we're doing in terms of the strategic oil reserves here in the United States to make sure that it will not have an impact or we can mitigate the impact on the American consumer.”
Trump is the President not Captain Chaos
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51 minutes ago, krom said: You're ok with your boy Joe, and kamala completely botching FL, NC, and TN, but are bothered by Ted being on a planned vacation before anything happened.
What exactly do you expect, he was already in Greece??
Name one thing that he could have done to make a difference in TX, that he couldn't do in Greece.
Now your moving goal posts in typical MAGA fashion.
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13 minutes ago, Doug said: Former President Joe Biden was snapped struggling to set up a beach chair Thursday before catching some rays with family near his son Hunter’s home in Malibu, Calif., to kick off his first Independence Day weekend since leaving office.
The ex-commander-in-chief — who took more vacation days than any modern US president —
Wrong as usual.
https://en.m.wikipedia.org/wiki/United_States_presidential_vacations
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Ted Cruz Caught on Vacation Abroad During Texas Tragedy--Again
The Swamp can exclusively reveal that Ted Cruz stayed in Greece and continued to sightsee as rescuers scoured the floodwaters in Central Texas that killed at least 100 people, including 27 campers and counselors from a summer camp.
The Texas senator was spotted visiting the Parthenon in the Greek capital, Athens, with his wife, Heidi, on Saturday evening. That was a day after Camp Mystic announced that more than 20 girls had gone missing in the floodwaters.
On Saturday, July 5, at about 6 p.m. local time (11 a.m. ET)—more than 24 hours after the Guadalupe River burst its banks—Cruz and his wife were spotted by a Swamp spy lining up outside the iconic tourist site.
“He was with his family and a lone security guard,” said an eyewitness at the Parthenon. “As he walked past us, I simply said, ‘20 kids dead in Texas and you take a vacation?’
“He sort of grunted and walked on. His wife shot me a dirty look. Then they continued on with their tour guide.”
https://www.thedailybeast.com/ted-cruz-was-vacationing-in-europe-as-emergency-crews-desperately-searched-for-texas-flood-survivors/ -
Clinton, Obama, and Biden are the only Presidents of the modern era who have REDUCED the national debt.
Trump just added $trillions. MAGA doesn't care because he hates the same people they do.
It was NEVER about the debt.
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TACO THURSDAY…… The US predicted 90 trade deals in 90 days. So far there have been 2
in Current Events
He’s correct Magoo. Trumps timeline.