LOL.
Winning!
Gee, soon only Canada and China will be the ones left without a deal, eh?
Yikes!
What a deal...
Sounds good to me.
The dominoes, they keep falling.
The money, it keeps flowing.
Reminds me of decades ago when it was common to hear, “Don’t bet against America.”
But, muh Epstein!
MSM is silent on first month in many decades US Treasury had a MONTHLY surplus due to income from TARIFFS.
“Indonesia will pay the United States a 19% Tariff on all Goods they export to us,”
Sorry beloved prez, Indonesia will not pay a dime. Tariffs are paid at the US order by the importer.
The Treasury had a surplus of $27 Billion last month. That was the first surplus in 50 months but they will keep coming and growing. Why is that a big deal?
“A treasury surplus helps America by providing the government with extra cash to manage its finances more effectively. This surplus can be used to pay down the national debt, fund new infrastructure projects, or even cut taxes. It signals a stronger-than-expected economy or a shift in fiscal strategy. Additionally, a surplus can lead to lower interest payments on the national debt, which can benefit taxpayers and the economy as a whole.”
“ Indonesia will pay the United States a 19% Tariff on all Goods they export to us, while U.S. Exports to Indonesia are to be Tariff and Non Tariff Barrier FREE.”
What this means in practice is that the US will pay a 19% tax on imports from Indonesia while Indonesia will pay 0 taxes on imports from the US.
Biden trade deal would have consisted of ice cream for children
This might be a BFD.
Question: Would Milton Friedman agree with a tariff to bring about free trade from at least our point of view?
Boeing should pay him a commission
A lot of electric guitars come from Indonesia…