Sullivan: Trump goes out and says, “We have to deal with Japan. Japan’s going to pay this amount of money, and I get to decide what happens with the money,” etc., etc. And then within hours the Japanese come out and say, “Uh, no, that’s not our understanding of the deal.”
— Acyn (@Acyn) August 19, 2025
So if… pic.twitter.com/0yQ3pPu1of
So if you don’t actually put the terms down and get both sides to sign on the dotted line, you’re going to have profound misunderstandings about what the terms actually are. And at the end of the day, huge elements of this will never get implemented. That’s a problem, because here you have the president touting all these so-called successes, while our trading partners are basically saying, “Our understanding of the deal is totally different from that — and we’re not bound to the kinds of claims President Trump is making in his social media posts.”
All it’s going to do is leave these tariffs at heightened levels — directly increasing the cost of goods Americans buy and taking more money out of their pocketbooks, with these vague promises of what we’re supposedly getting on the other side. I’ve never seen anything like it, and I think it is not a way to do business.
QUINTANILLA: When do you think markets can get its hand on written documentation on the deals with Japan, UK, Vietnam, Korea?
— Aaron Rupar (@atrupar) August 19, 2025
LUTNICK: You're not gonna find a big long 250 page trading agreement pic.twitter.com/dQWn9te1ZB
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