Flip flop time – Trump says he is open to deals on tariffs

Trump spoke with media on his plane, AF1:

• he’s open to deals if countries offer something “so phenomenal”
• “the tariffs give us great power to negotiate”

The background to this is that Trump aides and allies spent the last 24 hours saying the tariffs were non-negotiable.

• That Trump President was not intending to make deals.

In my headline I said it’s a flip flop. but is it? By now we should all be accustomed to Trump back tracking, hoping opposite to what he just said. This latest should really be no surprise. besidnes, Trump sees himself as a deal maker, everything is up for negotiation.

More from T:

• says tariffs on semiconductors will be starting very soon
• pharmaceutical tariffs are under review

In Australia we call this footwear ‘thongs’. Let’s not go there right now.

This article was written by Eamonn Sheridan at www.forexlive.com.