"...Will Trump manage to make any trade deals? I guess it’s possible that Trump will announce trade deals with a few countries here and there. But his ability to get even fake deals is rapidly dwindling, for two reasons.
"First, he’s plunging in the polls. True, he’s insisting that the polls are wrong and that pollsters should be investigated for election fraud. And the MAGA base may believe him. But this denial just makes him look even more pathetic to foreign governments, and they won’t be inclined to throw a drowning Trump a lifeline.
"Second, Trump’s trade war is about to have a disastrous effect on the U.S. economy — more disastrous than even pessimistic economists, myself included, expected. Tariffs always raise prices. But the sheer size and suddenness of Trump’s tariffs, combined with the paralyzing effect of uncertainty about what comes next, are about to deliver a Covid-type supply shock to an economy already sliding into recession. This looming disaster, which will further weaken Trump, makes it even less likely that our main trading partners will help him pretend that he’s achieving anything..." -- Nobel economist Paul Krugman, in "Trump is the Godfather in reverse," as in he makes offers other countries can refuse. The only people the Malignant Fascist is fooling with his "dealmaking" are his witless MAGAt suckers and the "smart money" people on Wall Street that, just as the sun rises in the east, are being gulled daily into thinking that his "deals" on trade are imminent based on some MF stooge like Scott Bessent or Howard Lutnick telling them so. Our biggest trading partners aren't going to do deals with an irrational MF, who's spiraling down in the polls, when standing strong against him (see Canada, China, and Japan) is good internal politics.
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