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Trump administration 2024-2028

daftandbarmy said:
Let's make a deal...


U.S. President Donald Trump warned Iran on Wednesday that an “armada” was heading toward it and that it should “make a deal” with the U.S. on its contested nuclear program or face a large-scale U.S. military attack.

www.cnbc.com

Trump warns Iran an 'armada' is heading its way and to agree a nuclear deal, or else

U.S. President Donald Trump warned Iran on Wednesday it should "make a deal" with the U.S. on its nuclear program or face a large-scale U.S. military attack.
www.cnbc.com www.cnbc.com
Click to expand...
I thought the administration said they bombed their nuclear program back to the stone age?
 
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Reactions: ytz
daftandbarmy said:
Let's make a deal...


U.S. President Donald Trump warned Iran on Wednesday that an “armada” was heading toward it and that it should “make a deal” with the U.S. on its contested nuclear program or face a large-scale U.S. military attack.

www.cnbc.com

Trump warns Iran an 'armada' is heading its way and to agree a nuclear deal, or else

U.S. President Donald Trump warned Iran on Wednesday it should "make a deal" with the U.S. on its nuclear program or face a large-scale U.S. military attack.
www.cnbc.com www.cnbc.com
Click to expand...
And he wonders why he legitimately awarded the Nobel Peace Prize.
 
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Reactions: ytz
Interesting reaction from Fico when he met with Trump on the 17th, and not in a good way.

Robert Fico, one of the few EU leaders to frequently support Trump’s stance on Europe’s weaknesses, was concerned about the U.S. president’s “psychological state,” two of the diplomats said. Fico used the word “dangerous” to describe how the U.S. president came across during their face-to-face meeting at Trump’s Mar-a-Lago estate in Florida on Jan. 17, according to two of the diplomats.
Click to expand...

www.politico.eu

European leader spoke of shock at Trump’s state of mind after Mar-a-Lago meeting

The Slovak PM, a Trump ally, told leaders at last week’s EU summit he was concerned about the way the U.S. president spoke to him, European diplomats said.
www.politico.eu www.politico.eu
 
McG said:
Took so long to position assets to attack Iran, he seems to have forgotten this was about supporting protesters from reprisals.
www.bbc.com

Iran: Trump warns 'time is running out' for nuclear deal as US military builds up in Gulf

Tehran says its armed forces are ready "with their fingers on the trigger" to respond to any aggression.
www.bbc.com www.bbc.com
… or maybe he is just in a hurry to change the channel on domestic protests snd state reprisals.
Click to expand...

Wait, I thought they destroyed the Iranian nuclear program?
 
LOL, love to see them try and spin this one.

www.cnbc.com

Trade balance soared 94% in November and was higher than a year ago, despite tariff efforts

The U.S. deficit with its global trading partners nearly doubled in November as the shortfall with the European Union swelled.
www.cnbc.com www.cnbc.com

Trade balance soared 94% in November and was higher than a year ago, despite tariff efforts​

The U.S. deficit with its global trading partners nearly doubled in November as the shortfall with the European Union swelled.
......it shot up to $56.8 billion, an increase of 94.6% from October. Of that gain, about one-third came with the European Union, where the goods deficit rose by $8.2 billion. The goods deficit with China decreased by about $1 billion to $13.9 billion.

On a year-over-year basis, the deficit through November stood at $839.5 billion, or about 4% higher than the same period in 2024.

But I thought that they were winning.....
 
"Stepping back a bit, he added, "We're gonna make it easier to buy, we're gonna get interest rates down, but I wanna protect the people that, for the first time in their lives, feel good about themselves. They feel like, you know, that they're wealthy people."

Trump then circled back to his plan to increase housing costs: "There's so much talk about, 'Oh, we're gonna drive housing prices down.' I don't wanna drive housing prices down, I wanna drive housing prices up for people that own their homes, and they can be assured that's what's gonna happen."

people.com

Trump Says He Wants to 'Drive Housing Prices Up' Instead of Lowering Costs for People Who 'Didn't Work Very Hard'

President Donald Trump said during a Cabinet meeting that he wants to 'drive housing prices up' to keep homeowners 'wealthy' rather than focusing on affordability to benefit people people who 'didn't work very hard'
people.com people.com
 
Czech_pivo said:
LOL, love to see them try and spin this one.

www.cnbc.com

Trade balance soared 94% in November and was higher than a year ago, despite tariff efforts

The U.S. deficit with its global trading partners nearly doubled in November as the shortfall with the European Union swelled.
www.cnbc.com www.cnbc.com

Trade balance soared 94% in November and was higher than a year ago, despite tariff efforts​

The U.S. deficit with its global trading partners nearly doubled in November as the shortfall with the European Union swelled.
......it shot up to $56.8 billion, an increase of 94.6% from October. Of that gain, about one-third came with the European Union, where the goods deficit rose by $8.2 billion. The goods deficit with China decreased by about $1 billion to $13.9 billion.

On a year-over-year basis, the deficit through November stood at $839.5 billion, or about 4% higher than the same period in 2024.

But I thought that they were winning.....
Click to expand...
Gotta watch the base rate fallacy on that one. Trade has been such an utter gong show that month by month just doesn’t help much.there have been wild swings as tariffs come and go, and as companies leverage windows of “we know the rules for the rest of this week” to lay in inventories.

US imports are little changed if you look at a smoothed out 3-5 year, and exports have continued to grow modestly but at apparently the same or a similar rate to before.

Interestingly the value of the U.S. dollar as measured by the DXY currency basket index is down about 11% in the past year. It’s even now showing a slip against the Canadian dollar, which til recently had been sliding with it but is now gaining in relative value. Our dollar is up 6.5% in the past 12 months against USD.

I have no feel for if the U.S. is deliberately weakening their own dollar to discourage imports and encourage exports.
 
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