Now would be a great time to pull your head out of your azz.
A deal is Nafta, ... A deal is USMCS,
Nope. NAFTA and USMCS respectively was/is an example of a
signed deal. A plain, ordinary "deal" can take may forms.
Post a single one of the Deals made ...
I'll determine how many I post, thank you very much.
Trump's deal with the
UK:
- 10% reciprocal tariff on most goods
- UK allowed to export 100,000 vehicles/year to the U.S. at 10%; above that, 25% applies
- Aerospace tariffs reduced to 0%
- U.S. ethanol exports to UK now tariff-free (1.4 billion liters)
- Steel tariffs remain at 25% pending further negotiation
Trump's deal with the
EU:
- 15% tariff on most EU goods (down from threatened 30%)
- EU to invest $600 billion in U.S. industries
- U.S. energy exports to EU to reach $750 billion by 2028
Trump's deal with
Japan
- 15% tariff on Japanese goods (down from 25%)
- Japan to invest $550 billion in U.S. infrastructure and manufacturing
- Market access expanded for U.S. autos, rice, and agriculture
Trump's deal with
Philippines:
- Tariffs reduced from 20% to 19%
- Originally set at 17%, then raised before being negotiated down
Trump's deal with
Indonesia:
- Imports face a 19% tariff under new agreement
- Sectoral exemptions under negotiation
Trump's deal with
China:
- U.S. tariffs reduced from 145% to 30%
- China reduced its tariffs from 125% to 10%
- Talks ongoing; fentanyl-related tariffs still under dispute
Trump's deal with
Vietnam:
- Tariff reduced from 46% to 20%
- Sectoral exemptions pending
Trump's deal with
South Korea:
- Tariff rate set at 15%
- Includes commitments on autos and semiconductors
Trump's deal with
Mexico:
- Granted a 90-day extension
- Faces 25% tariff on most goods, with USMCA exceptions
- Sectoral tariffs on autos, aluminum, and steel
Trump's deal with
Canada:
Trump and Canada have agreed to having no formal agreement, with Trump acquiescing to Canada's demands that Trump arbitrarily decide what the tariffs should be. Both Trump and Canada have agreed that that arrangement is far superior to having any formal agreement.
- 35% on most Canadian goods
- 50% on steel and aluminum
- 10% on USMCA-compliant categories (e.g., potash, energy)
Trump's deal with
Brazil:
- Tariff Rate: 50% total (10% baseline + 40% punitive)
- Exemptions:
- Aircraft (Embraer), orange juice, oil, coal, minerals, and Brazil nuts excluded from punitive layer
Trump's deal with
Pakistan:
- Tariff Rate: 19%, reduced from a threatened 29%
- Joint development of Pakistan’s oil reserves
- Pakistan to import U.S. crude oil (1 million barrels via Vitol)
- Focus on energy, IT, minerals, and cryptocurrency sectors