Where We Now At, Courtesy Of JMM

 Or: “Fraud, Waste and Abuse” Theater: 🎭 

Politico has this piece on th absurdity of trying to negotiate 75 bulateral teade deals in 90 days. But the piece wildly understates the problem. Trade deals are laws. They have to pass congress. https://www.politico.com/news/2025/04/10/bessent-global-trade-showdown-00285810

2/ Trump may not think so. But the other countries certainly do. Is any country going to reorient their trade with the US based on a promise from Donald Trump. In fact it goes even beyond that. Remember NAFTA, which Trump remade into USMC. That’s torn to shreds.

3/ Any trade deal with the US is basically meaningless as long as Donald Trump isn’t in prison.

Any minute now Trump is going to announce a “trade deal” with China, hoping the bond markets notice. He really doesn’t care about Congress. He’s used to sole proprietorships. He doesn’t understand government at all.

And the GOP Congress is fine with that.