Source: New York Post
by staff
“It’s clear that President Donald Trump’s tariff gambit has prompted numerous nations to step up with deals; his negotiators need to grab them, fast, to avoid a political and economic spiral down. If the Trump team haggles for too long, the damage from delaying will be far worse than settling for slightly less-than-perfect trade terms. Keep in mind, these nations’ leaders will have to sell the deals to their own citizens, and legislatures. Anything too onerous can backfire, forcing a return to the talks — and prolonging the economic chaos and pain. Immediate trade deals, on the other hand, can lower tariffs and other trade barriers to US exports, boosting a key part of the economy and convincing markets that Trump’s not seeking a global trade war.” (05/03/25)