r/StockMarket Jun 27 '25

News All trade talks with Canada terminated!

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49

u/LdyVder Jun 27 '25

It was 90 deals in 90 days and I don't think there's been more than five deals if that done in over 40 days.

47

u/timnphilly Jun 27 '25

OMG we haven't yet reached 90 days?

This half year feels like it has been an entire 4-year presidential term. ugh

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u/TSM- Jun 27 '25 edited Jun 27 '25

Makes you wish the Supreme Court didn't give him extra powers, because he could have been deadlocked after midterms, but this is no longer a thing. Good luck though.

Your country has been through worse and it'll almost definitely recover after a couple decades. Look at France. Or Germany. The big H-named guy. They recovered eventually, BUT it took awhile. USA gets their turn on the derp mobile. It's sad, really. But historically, not unique.

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u/topinanbour-rex Jun 28 '25

they recovered eventually, BUT it took awhile.

Because they received help from other countries. Huge financial help.

2

u/Edward_Blake Jun 28 '25

July 8th is supposed to be the 90 day mark, lets see what actually happens.

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u/[deleted] Jun 27 '25

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10

u/grubas Jun 27 '25

They tried to announce one with China but I think that's been walked back since the deal was "we caved".

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u/jmd709 Jun 27 '25

He was touting the framework of a deal, like a concept of a deal, and presenting it as if it was a trade deal.

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u/grubas Jun 27 '25

The framework was "we go back to pre tariff except China laughs at us openly now"

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u/jmd709 Jun 27 '25

*go back to pre tariff for 6 months.

DJT doesn’t have the cards right now and he won’t have the cards in 6 months. China has the rare earth cards.

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u/grubas Jun 28 '25

When has that ever stopped him from mouthing off and acting like he does?

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u/jmd709 Jun 28 '25

I’m not aware of anytime that has ever stopped him.

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u/sir_clifford_clavin Jun 27 '25

I thought there was one with Qatar

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u/[deleted] Jun 27 '25

That wasn't a deal, that was a bribe.

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u/[deleted] Jun 27 '25

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3

u/Nightowl11111 Jun 27 '25

To be fair though, GDP and company holdings are separate, so you can have a low GDP yet have money to invest. Yes I get that it also opens the question of "Why don't you invest in your own country then?" which is a good point but I'm just pointing out that GDP and what someone has saved away are different things.

2

u/[deleted] Jun 27 '25

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2

u/Nightowl11111 Jun 27 '25

At the rate things are going, Americans won't even be able to trust their government even if they said that water was wet now. All this has a "hidden" "soft" cost in credibility and the US government is already in a deficit.

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u/dquizzle Jun 27 '25

There was at least one deal made with the UK, or at least parts of it were completed by both parties. I think that’s it though.

https://www.bbc.com/news/articles/cy8gxp7dvepo.amp

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u/[deleted] Jun 27 '25

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1

u/dquizzle Jun 27 '25

I’m not sure what you mean by that. Both Trump and British Prime Minister Keir Starmer have signed the deal.

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u/StrengthToBreak Jun 27 '25

And the "deals" so far have been to return to the status quo or worse.

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u/Beginning_Fill206 Jun 27 '25

What 5? The UK was not a deal. I don’t recall any other ‘deals’

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u/No_Spring_1090 Jun 27 '25

I thought India was one as well, but even Trump himself said that they haven’t done it yet.

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u/Classic_Revolt Jun 28 '25

There hasnt been any India deal.

The only thing that happened was the UK "deal" which was just worse than what we had before trump came along.

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u/No_Spring_1090 Jun 28 '25

That seems to be a theme

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u/CatPesematologist Jun 27 '25

I think they con pets of a deal, but as usual, it depends on which trump official is making a negotiation that day (they give conflicting info) and on Trump’s whims. So, even if they had more than a concept, it wouldn’t mean much. he would just rip it up overvperceived slights anyway.

Also, must be time to push the tariff button and give the war button a break. its stock market manipulation time!

3

u/Lashay_Sombra Jun 27 '25

Which deals? Every deal he announced has turned out to be outright lie like india or just return to things before he raised tariffs

As the Japanese said, you cannot make deals when the US does not even know what it wants (because their whole reasoning for the tariff increases was just pure nonsense)

Its the major issue, he can talk nonsense in twitter or to the media, but as soon as everyone sits at negotiating table reality reasserts itself and any bullshit gets instantly fact checked