The Trump economy is charting a new course (while wiping out the current one), no more trade deals because Trump says we don't need them. And when Trump talks, we are all certain that he knows what he is talking about, don't we?
The so called Trump agenda is beginning to look like Daytona 500, cars going around in circles and a lot of them running into walls crashing and burning.
Inside story is that no deals because no country is anxious to make any deals yet because they do not trust Trump to keep his word. But they are not saying this out loud and so the MAGA goal of "90 deals in 90 days" is out, "we don't need any deals" is the new posture.
[B]‘We Don’t Have to Sign Deals’: Trump Backs Off Big Promises About Tariffs/B]
[QUOTE]“Everyone says ‘When, when, when are you going to sign deals?’” Mr. Trump said, at one point motioning toward Howard Lutnick, the commerce secretary. “We don’t have to sign deals. We could sign 25 deals right now, Howard, if we wanted to. We don’t have to sign deals. They have to sign deals with us. They want our market. We don’t want a piece of their market. We don’t care about their market.”/QUOTE]
Art of the Deal guy working his magic, eh?
https://www.nytimes.com/2025/05/06/u...s-tariffs.html