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Trump has momentum heading into Aug. 1
‘reciprocal tariff’ deadline after
Asian trade deals, experts say

Original Article

Posted By: Mercedes44, 7/26/2025 7:46:02 AM

President Trump has “leveraged American bargaining power” with three Asian nations this week — and given himself momentum ahead of the looming Aug. 1 deadline for most “reciprocal tariffs,” experts predict. Trump secured Japan’s agreement to pay a 15% tariff on exports to the US while making $550 billion in new investments in America in what he called a “signing bonus” — while Indonesia and the Philippines said they would accept 19% tariffs on their goods while applying 0% tariffs on US products. “I was a little bit surprised by the extent to which the US, at least at this stage of the game,

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Reply 1 - Posted by: Jean123 7/26/2025 7:54:48 AM (No. 1982695)
"Experts"????
2 people like this.

Reply 2 - Posted by: Sunhan65 7/26/2025 8:57:44 AM (No. 1982737)
"Agreements?" As in, things passed by Congress in accordance with our Constitution? Or just more more Executive branch bunderstandings, verbiage, and letters? If this doesn't turn into legislation at some point, there will be serious consequences the next time we get a Democrat president. We can't allow even our favorite president--any president--to create tariffs and taxes out of deliberate misreading of delegated authority from Congress. I'm a Trump supporter. And have been as far as my record goes back on this site, which is more than a decade now. But the president of the United States does not have the constitutional authority to impose tariffs and taxes. He has limited delegated authority from Congress to negotiate agreements which are subsequently to Congress for submitted for ratification. What he's achieving is remarkable. The way he's doing it is arguably unconstitutional. The best of both worlds right now would be for him to submit an omnibus trade bill so that he can justifiably take credit for his accomplishments and Congress can share in the glory while executing its constitutional responsibilities.
1 person likes this.

Reply 3 - Posted by: bpl40 7/26/2025 8:59:39 AM (No. 1982741)
Running trade policy by “making friends” abroad is what got us a $37 trillion dollar national debt. Basic thinking at Harvard is bankrupt.
1 person likes this.

Reply 4 - Posted by: Strike3 7/26/2025 11:03:57 AM (No. 1982820)
"Trump should..." "Trump needs to..." I haven't found a reason to criticize his actions since 2016 unless it was to stop playing fairly with weasels, cutthroats and hyenas who strike from the shadows and twist the law and the Constitution to their own devious purposes. My incidental inclusion of Japanese and Asian stocks when I set up my IRA thirty years ago has me smiling a lot lately.
2 people like this.

Reply 5 - Posted by: Starboard_side 7/26/2025 12:44:31 PM (No. 1982874)
While it's been a bumpy road with these negotiations, likely due to most people who wanted to resist them and hope to simply run out the clock on this President and the Republicans in Congress so they could maintain the old status quo. Yet, somehow, those countries started to realize that they didn't have that luxury and negotiated with the Trump administration (some want to confuse it's all just Trump himself who is doing all the negotiating and discussions). The deals for most of those countries to invest in America to the tune of multiple billions of dollars is GOOD for America and the citizens of the United States. Will boost construction jobs, and many other industries will see the increase in employment. President Trump recognizes that prosperity is good where the Democrats only talked about having to learn to live with less, and settle for a lower standard of living for themselves and their children. President Trump is returning Hope, Opportunity, Prosperity and Safety (HOPS) to the people in the United States.
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