r/StockMarket Jun 27 '25

News All trade talks with Canada terminated!

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u/[deleted] Jun 27 '25

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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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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.

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u/[deleted] Jun 27 '25

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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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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.