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> KaBOOM! Global trade just blew the fuq up in Trump’s face as the rest of the world moves on, dumps USD

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#1 Yesterday 20:48:38

KaBOOM! Global trade just blew the fuq up in Trump’s face as the rest of the world moves on, dumps USD

While the Trump Administration pushed its wars against the American people and the rest of the world, the UK is off to make a trade deal with China, just like Canada did… and just like the EU did with India and South America…

“ As President Trump levels tariffs on nations across the globe, along with recurring threats on trade, some countries are looking for deals of their own, given the new business environment. Canada's Mark Carney just came back from China after looking to reset relations there, which triggered a backlash from the White House. However, these scenarios are looking increasingly likely going forward, with several high-profile trips on the horizon.

Quote: "I'm often invited to simply choose between countries. I don't do that," U.K. Prime Minister Keir Starmer said ahead of this week's visit to Beijing. "I remember when I was doing the U.S. trade deal, and everybody put to me that I'd have to make a choice between the U.S. and Europe, and I said, 'I'm not making that choice.'"

The mission to China will mark the first by a British prime minister in nearly a decade, and he'll be bringing along representatives from companies such as AstraZeneca (AZN), BP (BP), Rolls-Royce (RYCEY), Prudential (PUK) and HSBC (HSBC). The four-day stop will see Starmer meet with President Xi Jinping, along with Premier Li Qiang and top legislator Zhao Leji. Finland Prime Minister Petteri Orpo also arrived in China with an extended delegation earlier this week, while German Chancellor Friedrich Merz has a trip scheduled for February.

Elsewhere: It's not just the U.S. and China. Trade blocs are looking to ink their own deals, like the Mercosur free trade agreement signed between the European Union and South America. Another one just wrapped up overnight, which has been referred to as the "mother of all deals" involving 2 billion people. Here are the details of the landmark pact between the EU and India, which represents about one-third of global trade.”

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#2 Yesterday 20:52:45

Re: KaBOOM! Global trade just blew the fuq up in Trump’s face as the rest of the world moves on, dumps USD

What do they do when China takes Taiwan?

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#3 Yesterday 20:57:15

Re: KaBOOM! Global trade just blew the fuq up in Trump’s face as the rest of the world moves on, dumps USD

wrote:

What do they do when China takes Taiwan?

Then they’ll have free trade with Taiwan also.

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Tom Leykis
#4 Yesterday 20:57:52

Re: KaBOOM! Global trade just blew the fuq up in Trump’s face as the rest of the world moves on, dumps USD

wrote:

What do they do when China takes Taiwan?

They won't care -  the enemy left here are communists - and fight on their side.

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#5 Yesterday 21:07:07

Re: KaBOOM! Global trade just blew the fuq up in Trump’s face as the rest of the world moves on, dumps USD

wrote:

Then they’ll have free trade with Taiwan also.

Makes sense, just like Russia invaded Ukraine and EU increased trade with them too.    They are funding the war!

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