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Trump administration 2024-2028

So had British assets not been targeted by Iran, the UK would have likely gotten a similar strong reaction had they not allowed use of their bases for strikes.


Or may be the Spanish are remembering what happened the last time they got involved in an US operation in the Middle East?

 
Or may be the Spanish are remembering what happened the last time they got involved in an US operation in the Middle East?


Or the arbitrary and unprovoked tariffs he hit everyone with to strong arm new trade agreements?

Dude decided to shift geopolitics and make everything more transactional. OK, want to use those bases for your ops? Make it worth their while. Make a deal. He purports to be good at those.
 
And the never ending circus continues.

Bessent says global 15% tariff starts this week, move back to prior rates within 5 months​



Treasury Secretary Scott Bessent on Wednesday said President Donald Trump’s recently announced 15% global tariff will be implemented sometime this week.

Bessent, in an interview on CNBC’s “Squawk Box,” also predicted that U.S. tariff rates would soon effectively return to where they stood before the Supreme Court struck down Trump’s most expansive duties.

“It’s my strong belief that the tariff rates will be back to their old rate within five months,” Bessent said.
 
Math can be very, very painful when it goes against you.

The US is already paying roughly 1 Trillion USD per year in just the interest on the Federal debt - let that number sink in......
It will be notably higher that $1T…just do the math on the average Treasury rate on the $30T of debt issued at the moment…round it to 4% give or take (most Treasury volume is 10years IIRC) then debt cost is $1.2T and climbing…it may even hit $1.5T by the time the U.S. mid-terms are over…
 
It will be notably higher that $1T…just do the math on the average Treasury rate on the $30T of debt issued at the moment…round it to 4% give or take (most Treasury volume is 10years IIRC) then debt cost is $1.2T and climbing…it may even hit $1.5T by the time the U.S. mid-terms are over…
Of course he would manage to end up saddling the U.S. with further net liabilities with that particular botch job…
 
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