Trump expected to announce details of the U.S and U.K trade agreement

[Hey Yo]

President Trump is set to announce a trade deal with Britain in a news conference Thursday morning, the first of what the administration has said will be many agreements to rework the global trading system.

The deal could be a significant win for both the United States and Britain, which have long valued close relations. Mr. Trump discussed the possibility of a trade deal with Britain in his first term, while British officials have eyed an agreement with the United States since Brexit as a way to offset reduced trade with Europe.

https://www.nytimes.com/live/2025/05/08/us/trump-uk-trade-news

[Hey Yo]

U.K prime minister... "deal is in a tribute to the history between the U S and U.K"


:applause: .... :cheers:

[Hey Yo]

President Donald Trump touted a “tremendous trade deal” between the U.S. and United Kingdom as he discussed the first trade agreement since he imposed sweeping tariffs in April.

“I'm thrilled to announce that we have reached a breakthrough trade deal with the United Kingdom,” Trump said May 8 from the Oval Office, noting that the agreement happened to fall on "Victory Day" in celebration of the end of World War II. “There could be no more perfect morning to reach this historic agreement,” Trump said.

Trump said the agreement would provide billions of dollars in access for U.S. agricultural products such as beef and ethanol. “They’re opening up their country,” Trump said. “Their country is a little closed and we appreciate it.”

United Kingdom Prime Minister Keri Starmer was put on a speaker phone for the announcement and called it a “really fantastic, historic day” that coincided with the end of World War II in Europe.

“This is going to boost trade between and across our countries,” Starmer siad.

Trump had imposed reciprocal tariffs on a slew of countries April 2 but later paused most of them for 90 days, saying those nations' leaders were eager to negotiate trade deals. Since then administration officials repeatedly have said they are close to making deals.

The UK wasn't hit with a reciprocal tariff, but faced a 10% universal tariff and 25% tariffs Trump imposed on foreign automobiles, steel and aluminum.

Although the details of the trade deal are still unclear, Trump said the United Kingdom has agreed to reduce or eliminate the number of “non-tariff barriers that unfairly discriminated against American products."

“This is now turning out, I think, really to be a great deal for both countries because it will be really great for the UK also,” Trump said.

More
https://www.usatoday.com/story/news/politics/2025/05/08/us-uk-trade-deal-trump-announces-agreement/83508333007/

[Hey Yo]

Dbl post

[RRR3]

Senile old man talking to himself in this thread. Yikes.

[Baller234]

The question shouldn't really be if MAGA is tired of winning, it should be are the woke libs tired of losing?

Judging from what I've seen on ISH, I would say no they are definitely not tired of losing. They love to lose in fact. Even when Trump delivers a W for the country at large they would rather pretend they are losing.

Overgrown theater kids until the very end.

[Lakers Legend#32]

Reporter: The ports here in the U.S., the traffic has really slowed and now thousands of dock workers and truck drivers are worried about their jobs.

Trump: That means we lose less money.

[Lakers Legend#32]

Let's examine this "full and comprehensive" trade "deal" with the UK:
-The 10% tariffs on goods from the UK into the US remains (so no relief for taxpayers)
-It DOES include lower tariff quotas for UK steel and car exports. Note the use of the word "quotas", so essentially it changes nothing because the quotas have never been met.
-It puts an end to the THREATENED BUT NOT IMPLEMENTED 25% tariffs Trump threatened on steel and car imports
-It's so "full and comprehensive" that it doesn't cover pharmaceuticals
So, the TL:DR here is that the "full and comprehensive" trade agreement with the UK is missing all sorts of points and resulted in *checks notes* ABSOLUTELY NOTHING for the US.
Meaning that our trade war with the UK was settled for ZERO, and Trump is just proclaiming victory even though there's been no change. The only thing this "deal" provided was pending but not yet implemented tariff relief for US citizens on British goods.
Also worth noting that the effective tariff rate in the UK for US goods was 0.5%.
Art of the Squeal

[j3lademaster]

Let's examine this "full and comprehensive" trade "deal" with the UK:
-The 10% tariffs on goods from the UK into the US remains (so no relief for taxpayers)
-It DOES include lower tariff quotas for UK steel and car exports. Note the use of the word "quotas", so essentially it changes nothing because the quotas have never been met.
-It puts an end to the THREATENED BUT NOT IMPLEMENTED 25% tariffs Trump threatened on steel and car imports
-It's so "full and comprehensive" that it doesn't cover pharmaceuticals
So, the TL:DR here is that the "full and comprehensive" trade agreement with the UK is missing all sorts of points and resulted in *checks notes* ABSOLUTELY NOTHING for the US.
Meaning that our trade war with the UK was settled for ZERO, and Trump is just proclaiming victory even though there's been no change. The only thing this "deal" provided was pending but not yet implemented tariff relief for US citizens on British goods.
Also worth noting that the effective tariff rate in the UK for US goods was 0.5%.
Art of the Squeal

So a tariff quota means a certain amount can be imported before the tariff on it rises. So if you lower the quota, wouldn't it affect the quota that's never been met? Unless it wasn't lowered enough of course.

It also depends on the specifics on the quota. Is it a quota on the amount, purchase time frame or both?

[diamenz]

one down, eighty-nine to go.

[j3lademaster]

one down, eighty-nine to go.

We have to make sure the deals are actually good.

So far at a quick glance:

US raises tariffs on UK, UK lowers tariffs on US to 10% with a tariff quota on 100k UK vehicles per year(goes to 25% after the initial 100k)

Goal of getting UK to lower tariffs is to start exporting goods that we didn't export before. If that happens it will create more demand and create jobs, the problem. The commodities market is saying ethanol is a huge winner here because we already export to them so with the lower tariffs from UK we can raise the price for more profit, and are pretty split on beef becoming competitive with Irish imports. This is the first positive thing Trump has done for the economy and I will give him credit where credit is due. Good shit, big guy.

Why did this make sense for the UK? Making the US a competitive importer raises competition with other trade partners, even at the cost of losing out on ethanol.

I would say the US market won this deal while the US consumer lost, so take that as you will. End of the day even Trump administration is only valuing this deal at around $5bil(which seems VERY optimistic), so it's a drop in the bucket anyway.

[Hey Yo]

Trump strikes ‘biggest deal ever made’ with EU: Europeans will pay $1.6T, accept 15% tariffs after meeting with prez.

It took just 75 minutes for President Trump to get what he wanted out of the European Union.

That’s how long he and European Commission President Ursula von der Leyen were away from the cameras.

When they returned, Trump was triumphant. Europe agreed to buy $750 billion in American energy products, invest $600 billion in new money in the US and purchase additional US military equipment, according to the terms of the preliminary agreement.

Tariffs on many American exports will drop to zero. Duties on most European goods coming into the US rise to 15%.

"I think it’s the biggest deal ever made,” Trump proclaimed.

The stated terms of the tariff deal appeared to be remarkably lopsided in favor of the US. Von der Leyen suggested that the only real concession from the Americans was that Trump would not impose 30% tariffs he had threatened.

The 27-member bloc is America’s biggest trading partner if taken together, with total trade hitting $1.97 trillion last year. The US trade deficit for goods was $235 billion.

The deal avoids a trade war between two economies that account for about 44% of the world’s gross domestic product — less than a week before steep “Liberation Day” were set to bite.

more in link.
https://nypost.com/2025/07/27/us-news/trump-european-union-commission-president-give-50-50-chance-of-striking-trade-deal/

[bladefd]

The only benefit I see:

"The EU also agreed to purchase $750 billion worth of U.S. energy and invest an additional $600 billion worth of investments into the U.S. above current levels."
and
"He said that the bloc would also be “purchasing hundreds of billions of dollars worth of military equipment,” but did not provide a specific dollar amount."
https://www.cnbc.com/2025/07/27/trump-european-union-eu-trade-tariffs.html

Those three things don't help consumers. Businesses in those sectors can profit more with investments that their shareholders pocket. Trickle down economics is mostly bullshit.

But we still pay more in tariffs. Under Biden, the average tariff was around 2% with EU. It will now be 15%. And no, Europe doesn't pay the tariff, and neither do the companies - the consumers pay the tariff with a higher price tag. It's something Trump seems unable to comprehend or understand.

And American carmakers are opposed to this deal: "The agreement also deals another blow to Detroit automakers, which objected to a similar deal the Trump administration reached with Japan. The 15% auto tariff on EU cars imported to the United States undercuts the 25% tariff American automakers pay if their cars are built in Mexico." https://www.cnn.com/2025/07/27/business/eu-trade-deal

[ShawkFactory]

The question shouldn't really be if MAGA is tired of winning, it should be are the woke libs tired of losing?

Judging from what I've seen on ISH, I would say no they are definitely not tired of losing. They love to lose in fact. Even when Trump delivers a W for the country at large they would rather pretend they are losing.

Overgrown theater kids until the very end.

All of the things you just said about what you perceive to be your political adversary...you're that on the other end. Just so you know.

Neck beard, pot-belly, never been outside of a 100 mile radius of where he lives, eats overcooked and chewy deer backstrap and tells everyone it's great, etc.

Not saying that's you specifically but generalization work both ways brother. RIP to Hulk.

[Baller234]

All of the things you just said about what you perceive to be your political adversary...you're that on the other end. Just so you know.

Neck beard, pot-belly, never been outside of a 100 mile radius of where he lives, eats overcooked and chewy deer backstrap and tells everyone it's great, etc.

Not saying that's you specifically but generalization work both ways brother. RIP to Hulk.

I think you're responding to the wrong post bud.

[Patrick Chewing]

Winning!

[highwhey]

Winning!

How is it winning if americans are paying a tariff? ��*♂️

[TheMan]

How is it winning if americans are paying a tariff? ��*♂️

They just don't grasp the concept of higher tariffs on imports means we are paying more out of our pocket :facepalm This is a W for the US somehow.

[Baller234]

They just don't grasp the concept of higher tariffs on imports means we are paying more out of our pocket :facepalm This is a W for the US somehow.

It generates revenue and gives domestic companies a better chance to compete for business, which keeps more money in the country.

If the arrangement Trump just made was worse than what we had before, you would be celebrating. You're only angry because Trump scored a W.

[Off the Court]

How is it winning if americans are paying a tariff? ��*♂️

This is why Powell can't lower rates right now. Tariffs are already causing inflation

[TheMan]

It generates revenue and gives domestic companies a better chance to compete for business, which keeps more money in the country.

If the arrangement Trump just made was worse than what we had before, you would be celebrating. You're only angry because Trump scored a W.

It generates revenue that the gubmint keeps and uses to fund wars and give billionaires tax breaks...great. End of the day, prices keep going up, that is irrefutable.

[bladefd]

The only benefit I see:

"The EU also agreed to purchase $750 billion worth of U.S. energy and invest an additional $600 billion worth of investments into the U.S. above current levels."
and
"He said that the bloc would also be “purchasing hundreds of billions of dollars worth of military equipment,” but did not provide a specific dollar amount."
https://www.cnbc.com/2025/07/27/trump-european-union-eu-trade-tariffs.html

Those three things don't help consumers. Businesses in those sectors can profit more with investments that their shareholders pocket. Trickle down economics is mostly bullshit.

But we still pay more in tariffs. Under Biden, the average tariff was around 2% with EU. It will now be 15%. And no, Europe doesn't pay the tariff, and neither do the companies - the consumers pay the tariff with a higher price tag. It's something Trump seems unable to comprehend or understand.

And American carmakers are opposed to this deal: "The agreement also deals another blow to Detroit automakers, which objected to a similar deal the Trump administration reached with Japan. The 15% auto tariff on EU cars imported to the United States undercuts the 25% tariff American automakers pay if their cars are built in Mexico." https://www.cnn.com/2025/07/27/business/eu-trade-deal

Okay, so those investments are not exactly pledges. EU is not doing those investments and it's on private companies. As in they threw a number out to appease Trump because there's no way private companies from Europe are investing money in America with tariffs there too. https://www.reddit.com/r/stocks/comments/1mbjonp/eu_admits_it_cant_guarantee_600b_promise_to_trump/

That $600 billion means absolutely nothing then because it's not public European funds. It's entirely private companies, which EU has no jurisdiction or power over. All they can do is say "hey private companies, please invest in America if you want." The same applies for energy because that's also private companies. EU can say "hey private companies, please buy more energy from America, if you want."

[j3lademaster]

Who is investing the $600bil? Is the EU going to be cold calling their companies on our behalf? What’s the time frame? If it’s 5 years Europe will reach that anyway, nothing will have changed.

Something tells me this is the $200bil China debacle from the first term and $550bil Japan deal all over again.

At the end of the day just more inflation for US consumers so our tariffs can offset billionaire tax cuts.

[Baller234]

It generates revenue that the gubmint keeps and uses to fund wars and give billionaires tax breaks...great. End of the day, prices keep going up, that is irrefutable.

Hey dipshit, what would you rather use to fund the government? Foreign investments or taxes on citizens?

Meanwhile you'll cry to the heavens and complain that your life sucks because the government doesn't have enough money to provide every citizen with a free house and steak dinner twice a week.

[1987_Lakers]

We win again fam!

https://polymarket.com/event/us-recession-in-2025?tid=1753750927220


https://www.youtube.com/watch?v=Vjopshk0GH8

[1987_Lakers]

https://truflation.com/

Inflation down since Trump became president.

[Patrick Chewing]

We win again fam!

https://polymarket.com/event/us-recession-in-2025?tid=1753750927220


https://www.youtube.com/watch?v=Vjopshk0GH8

Hey! Hey! Hey! Hey!

https://media.tenor.com/d7ibtS6MLQgAAAAM/dancing-kid.gif

[TheMan]

Hey dipshit, what would you rather use to fund the government? Foreign investments or taxes on citizens?

Meanwhile you'll cry to the heavens and complain that your life sucks because the government doesn't have enough money to provide every citizen with a free house and steak dinner twice a week.

What would I prefer to fund the government? Taxing the the rich at rates as we used to do when we weren't running on crazy deficits? All these trillions of dollars added to the national debt will eventually have to be paid you insane rightwing turd. You obviously don't have kids being a fascist incel but most of us care about what country we are leaving behind to our children. It's obvious you couldn't care less since you have no kids but this Big Bullshit Bill will have lasting effects on the next generations and Trump's tariffs war have been an unmitigated disaster, their only lasting legacy will be making everything more expensive while everyone's yearly income keeps falling behind more and more. If you're not a billionaire and you supported Trump's Big Bullshit Bill, then you're a bigger idiot than I thought...

And to your second point, no I won't be crying to the heavens about not everyone having a free house and a steak dinner twice a week but we can do so much more with the billions we gift Israel every year in handouts and weapons that maybe instead of that we can house homeless vets just out of ****ing gratitude and help those less fortunate fellow Americans rather than a bunch of hateful Zionist Nazis starving a whole population...but you wouldn't agree with that because your allegiance is with Israel first and foremost, right fascist?

[TheMan]

https://truflation.com/

Inflation down since Trump became president.

Lol, no it's not.

Stop being a GOP (Guarding Our Pedophile) and admit as most independents have already that you ****ed up when you voted for that fat degenerate.

https://abcnews.go.com/US/inflation-report-arrive-trump-fed-disagree-tariff-risks/story?id=123735983

Inflation was up 2.7% compared to last year in June...keep up

On a personal note, I hope ICE detains your beaner ass :lol

[Patrick Chewing]

Lol, no it's not.

Stop being a GOP (Guarding Our Pedophile) and admit as most independents have already that you ****ed up when you voted for that fat degenerate.

Are you incapable of understanding graphs? Did you go to school?

[1987_Lakers]

Lol, no it's not.

Stop being a GOP (Guarding Our Pedophile) and admit as most independents have already that you ****ed up when you voted for that fat degenerate.

https://abcnews.go.com/US/inflation-report-arrive-trump-fed-disagree-tariff-risks/story?id=123735983

Inflation was up 2.7% compared to last year in June...keep up

On a personal note, I hope ICE detains your beaner ass :lol

abc news :roll:

[1987_Lakers]

https://www.youtube.com/watch?v=tEjFAMnzOGg

[TheMan]

Are you incapable of understanding graphs? Did you go to school?

Yeah, inflation is up 2.7% compared to June 2024 according to the link I posted... everyone pretty much agrees with me that shit is more expensive, explains Trump's approvals on the economy which is in the gutter...

[TheMan]

abc news :roll:

Source...some YouTube loser no one has heard of before...:roll:

[warriorfan]

Are you incapable of understanding graphs? Did you go to school?

The Beaner doesn’t understand anything except how to make elote while he follows anything his jew lady president says. Oh yeah, and obsessing about Donald Trump.

[TheMan]

https://www.youtube.com/watch?v=tEjFAMnzOGg

Maher has zero credibility on the left... that's your source? :roll:

This isn't 2002 anymore lol

[1987_Lakers]

Source...some YouTube loser no one has heard of before...:roll:

I literally posted the website that has real time inflation data. How can you be this slow?

[TheMan]

The Beaner doesn’t understand anything except how to make elote while he follows anything his jew lady president says. Oh yeah, and obsessing about Donald Trump.

You don't understand anything else but getting your daily meth hit you toothless hillbilly junkie, fukk off

[TheMan]

I literally posted the website that has real time inflation data. How can you be this slow?
According to the fed, inflation is up compared to last year, do you have a social life? When's the last time people have said prices are going down or not complaining about the cost of living, bro...are you for real? Shit in Texas have been going up. Do you even live in Cali or are you a bot, serious question

[1987_Lakers]

https://www.youtube.com/watch?v=Q05B2Nw37ts

I tried to warn you TheMan

https://media1.tenor.com/m/O1V-IsNKOiAAAAAd/smoking-duck-cigarette.gif

[TheMan]

https://www.youtube.com/watch?v=Q05B2Nw37ts

I tried to warn you TheMan

https://media1.tenor.com/m/O1V-IsNKOiAAAAAd/smoking-duck-cigarette.gif

:roll:

I can't with you homie, I just can't :oldlol:

Enjoy stanning a racist pedo though :cheers:

History won't be kind to you...

[1987_Lakers]

Remember back in April when some people were freaking out when Trump first announced his tariffs? A recession was very near according to them.

https://polymarket.com/event/us-recession-in-2025?tid=1753761706636

The chart says it all. Went from 65% chance of recession back in April when Trump first announced the tariffs, to 17% chance today.

We win again fam!

[Patrick Chewing]

:roll:

I can't with you homie, I just can't :oldlol:

Enjoy stanning a racist pedo though :cheers:

History won't be kind to you...


Blah blah history won't be kind to you blah blah. Stop with your crazy talk. Take the L. Admit you don't know what you're talking about.

[TheMan]

Blah blah history won't be kind to you blah blah. Stop with your crazy talk. Take the L. Admit you don't know what you're talking about.

I guess me and the millions of fellow Americans don't know what we're talking about, Trump is at overall 37% approval ratings, underwater in every issue, even immigration. I side with the American people, you side with the MAGA fascist cult, we'll just leave it at that :cheers:

[Baller234]

Lol every single pundit featured on left leaning CNN is saying the deal is a tremendous win for Trump and the United States.

Take from that what you will.


edit:


Video:
https://x.com/charliekirk11/status/1950053620000407821

[Baller234]

Remember back in April when some people were freaking out when Trump first announced his tariffs? A recession was very near according to them.

https://polymarket.com/event/us-recession-in-2025?tid=1753761706636

The chart says it all. Went from 65% chance of recession back in April when Trump first announced the tariffs, to 17% chance today.

We win again fam!

The board libs were secretly hoping for an economic calamity, praying actually.

You would think after being proven wrong 196 times within the span of 3 months they would show some humility and stop making predictions.

[ZenMaster]

Yeah, inflation is up 2.7% compared to June 2024 according to the link I posted... everyone pretty much agrees with me that shit is more expensive, explains Trump's approvals on the economy which is in the gutter...

That's the inflation rate, meaning that "everything" is 2.7% more expensive than the same month last year. The inflation rate isn't higher than last year so far overall though. e.g the inflation rate in may of 2024 was 3.3% while in May this year it was 2.4%.

[j3lademaster]

The key distinction between theman’s inflation rate and truflation is theman’s is based on cpi while truflation I’m guessing is heavily based on pce data(can’t be 100% sure because they won’t share their secret formula, but their rates are almost identical to pce).

CPI is more consistent because it’s a fixed basket of goods so it’s a 1:1 comparison of the purchasing power of the dollar compared to last year. CPI also mostly ignores rural consumers so they will show higher rates than PCE, which represents both, which is why 1987’s graph will show lower numbers than theman’s. PCE is more “finger on the pulse” because its basket of goods is live because it’s ever changing with consumer purchasing data. I’ve always said the problem with CPI is that they can include a vacuum in there with deli meat, and if the price of the vacuum stays the same, since the vacuum costs so much more than deli meat it can offset the inflation of the groceries. Plus a family buys a vacuum, what, every 5-10 years? I’ve had mine for 6 or 7 now, so it’s not like I buy a vacuum every week like groceries. Again, they never reveal what the “basket of goods” actually is so idk for sure, just giving my theories on what can skew CPI.

Back to PCE being more finger on the pulse. I can tell you now every company that deals with consumer data will prefer PCE to CPI. Since its basket of goods is everchanging with consumer data it is only taking consideration what people are actually buying on a monthly basis. What can skew this is that inflation can affect what people actually buy. If eggs have gone up $2 in the month you may find families purchasing one dozen instead of two and looking for alternatives, for instance, so it’s less consistent than CPI.

[Hey Yo]

What would I prefer to fund the government? Taxing the the rich at rates as we used to do when we weren't running on crazy deficits? All these trillions of dollars added to the national debt will eventually have to be paid you insane rightwing turd. You obviously don't have kids being a fascist incel but most of us care about what country we are leaving behind to our children. It's obvious you couldn't care less since you have no kids but this Big Bullshit Bill will have lasting effects on the next generations and Trump's tariffs war have been an unmitigated disaster, their only lasting legacy will be making everything more expensive while everyone's yearly income keeps falling behind more and more. If you're not a billionaire and you supported Trump's Big Bullshit Bill, then you're a bigger idiot than I thought...

And to your second point, no I won't be crying to the heavens about not everyone having a free house and a steak dinner twice a week but we can do so much more with the billions we gift Israel every year in handouts and weapons that maybe instead of that we can house homeless vets just out of ****ing gratitude and help those less fortunate fellow Americans rather than a bunch of hateful Zionist Nazis starving a whole population...but you wouldn't agree with that because your allegiance is with Israel first and foremost, right fascist?

TheMeltdown :crazysam:

[j3lademaster]

https://www.politico.eu/article/eus-600bn-us-investment-will-come-exclusively-from-private-sector/


BRUSSELS — The European Union has admitted it doesn’t have the power to deliver on a promise to invest $600 billion in the United States economy, only hours after making the pledge at landmark trade talks in Scotland.

Like I said earlier, 200b China deal/ 550bil Japan deal all over again. Big grandiose number with no backing or follow through. Maybe next time make whoever we’re dealing with actually implement a policy to incentivize the claimed number? Like giving tax incentives for foreign investment in the US.

[Baller234]

TheMeltdown :crazysam:

It's actually sick how TheNazi can manage to tie every single issue to Israel. It doesn't matter if it's a discussion about U.K. trade deals or tariffs. Somehow he will find a way to mention Israel. He can't help himself.

All the money we give to Israel we should really give to TheNazi so him and his commie loser friends can have free steak dinner for the week. That's way more important than making sure Iran doesn't develop nuclear weapons.