Trump announced on Thursday that he had negotiated a huge deal with the United Kingdom. It was supposedly the first deal of many to come.
But he lied. It wasn't a deal at all. No final agreement had been reached. And no signatures were on a completed deal. It was just a general understanding that the two nations would work on the details of a broad agreement in the coming months. In other words, it was just a PR stunt.
Opposition has been growing to Trump's tariffs, and doubts were growing that Trump knew what he was doing with his trade war. This was just an effort to try and fool the American public into thinking his crazy tariff scheme was on the road to success. It isn't!
And if it had actually been a deal, it wasn't a very good one. Britain got almost nothing - just a removal of tariffs on expensive British cars and steel, while the 10% tariffs will continue on everything else. It's not a good deal for Americans either, since it will just feed inflation on goods imported from Britain.
One troubling aspect is the 10% tariff remaining. Trump has called it a minimal baseline tariff - implicating that the 10% tariffs he placed on nearly all countries will remain in place - even if "deals" can be reached with all those countries.
This was a failure for the "great negotiator". Only the most fervent MAGA faithful could believe otherwise.
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