The Damage Report
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Trump Goes FULL PANIC Over Failed Trade Deals In Shattering Tariff Letter Declaration
Posted
July 12, 2025
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4:50Now PlayingDonald Trump gets caught in a lie multiple times as his scrambles during a press conference when confronted on his failed trade deal plan and on Truth Social when he claims the tariff deadline attached to tariff letters he is sending of August 1st has never changed, even though it very publicly has. John Iadarola and David Shuster break it down on The Damage Report. Leave a comment with your thoughts below!
Read more here:
Trump’s trade blitz produces few deals but lots of uncertainty
"WASHINGTON (AP) — President Donald Trump and his advisers promised a lightning round of global trade negotiations with dozens of countries back in April.
White House trade adviser Peter Navarro predicted “90 deals in 90 days.’’ Administration officials declared that other countries were desperate to make concessions to avoid the massive import taxes – tariffs -- that Trump was threatening to plaster on their products starting July 9.
But the 90 days have come and gone. And the tally of trade deals stands at two – one with the United Kingdom and one with Vietnam. Trump has also announced the framework for a deal with China, the details of which remain fuzzy.
Trump has now extended the deadline for negotiations to Aug. 1 and tinkered with his threatened tariffs, leaving the global trading system pretty much where it stood three months ago — in a state of limbo as businesses delay decisions on investments, contracts and hiring because they don’t know what the rules will be."
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