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Eugene

(64,855 posts)
Fri May 9, 2025, 09:32 PM Friday

Trump and Starmer put lipstick on a pig of a trade deal

Source: The Independent

Trump and Starmer put lipstick on a pig of a trade deal

With a recession looming, imports flagging and inflation knocking at the door, Trump needs more than one deal to reverse the damage done by ‘Liberation Day’, Richard Hall writes.

Thursday 08 May 2025 21:50 BST

More than a month after Donald Trump set the global economy on fire to rebalance America’s trade relationship with the entire world, the self-proclaimed master negotiator has finally struck his first deal.

Given that the entire premise of Trump’s tariff gambit was that countries were “taking advantage” of the United States, it might come as a surprise that his first agreement was with one of the few countries with which the U.S. has a trade surplus.

The president did not let that small detail spoil the celebration.

-snip-

In truth, this deal was perhaps the lowest-hanging fruit for Trump’s team of financial honey badgers – eager, energetic, and destructive as they are. A bargain basement deal. The last deal at the dance.

-snip-

Read more: https://www.independent.co.uk/news/world/americas/us-politics/trump-uk-us-trade-deal-starmer-b2747541.html

Alternate link: https://www.yahoo.com/news/trump-starmer-put-lipstick-pig-201534510.html

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