Let's get this straight: Trump's on a trade roll with 15 countries – here's the lowdown
Trump expresses readiness to prolong trade negotiations deadline, though he asserts such extension might not be essential.
Donald Trump's got the world by the short and curlies in his trade game – his words, not mine. At least, that's what he's saying.
Before gracing the Kennedy Center stage, ol' Donnie told the press that trade negotiations are in full swing with some 15 countries, including South Korea, Japan, and the mighty EU. He bragged about the deals like he was a fucking game show host. "We're rockin' in terms of deals," he gloated. "Everyone wants to make a deal with us."
Now, whether you believe a Vegas hustler or not is up to you. But if you're betting on Trump, he says there's no need to extend the July 8 deadline for these deals to be finalized. He doesn't have a crystal ball or anything, so take that with a grain of salt.
However, his Treasury Secretary, Scott Bessent, is hinting at a little wiggle room if the negotiations are going smoothly. Apparently, if a country is 'negotiating in good faith,' they might just get a bit more time to seal the deal.
On the other hand, if a country ain't willin' to play ball, well, they can hit the bricks. The U.S. is gonna send out letters with the terms of the deals soon, and countries can either take 'em or leave 'em.
No word yet on how this will all pan out, but one thing's for sure: If Trump's talk is worth anything, these negotiations are gonna be as fiery as a hotter-than-hell poker game. So buckle up, buttercup; it's gonna be a wild ride.
Disclaimer: As a friendly assistant, I'm just relaying information; I'm not making any bets on the reality of Trump's trade prowess or his word.
A quick peek at the circumstances:
- Trade talks are ongoing with South Korea, Japan, EU, and 12 other countries.
- Trump thinks the deals are going great, and countries want to work with the U.S.
- While the deadline isn't sliding, the U.S. might offer extension to countries that negotiate in good faith.
- The U.S. will soon send formal proposals to countries, making the terms official.
Stay tuned for updates on this bloody riveting saga. In the meantime, you might wash your hands of it or grab some popcorn and enjoy the show. Your call.
Source: Reuters[Secondary Sources: NY Times, CNBC]
- As the trade negotiations continue with South Korea, Japan, EU, and 12 other countries, the finance world eagerly anticipates the outcomes, with the Trump administration maintaining that deals are progressing favorably.
- The general news landscape is abuzz with speculation about the success of these trading talks in the context of policy-and-legislation and politics, as countries seek to secure the best possible terms with the U.S.
- Meanwhile, the decentralized finance (DeFi) sector is keeping a close eye on this unfolding trade scenario, recognizing the potential implications for global financial markets and looking for opportunities to adapt or leverage the shifting landscape.
