President Trump teased a major trade talks meeting the other day and this morning it all went down with the first international “comprehensive” trade agreement for the Trump admin. Also in this episode: the Ed Martin controversy heats up when the president gets involved and a new surgeon general is appointed. Trump Administration to Announce Trade Deal With Britain https://www.nytimes.com/2025/05/07/business/economy/trump-trade-britain.html Republicans fall further apart on Trump’s ‘big, beautiful bill’ https://thehill.com/homenews/house/5288995-trump-trump-medicare-medicaid-cuts/ Trump on Truth - I am pleased to announce that Dr. Casey Means, will be nominated as our next Surgeon General of the United States of America. https://truthsocial.com/@realDonaldTrump/posts/114468502752133916 Learn more about your ad choices. Visit podcastchoices.com/adchoices
What major trade deal is President Trump announcing?
Cars, cars is a huge thing. We buy a lot of cars from the United Kingdom. They're nowhere near at the same level that we are per capita. Take a look at this.
Fuels, chemicals, really important. It's interesting to see what they'll say about pharmaceuticals, which are included in there when we get the deal. So these are all the areas that are going to face tariffs. And it's really crucial to cars. And this is why. Look at this. Nine billion pounds of British car exports to the United States every year. By far the single country largest trading partner.
More than double China's. Nine billion pounds. EU nations, one in four of every cars that's sold out of the UK every year goes to America. So 25% tariffs could be critical for that industry. Let's look at the trade going the other way, because there's a suggestion we might be some tariffs reduced on cars coming from America. We actually tariff cars at 10% ourselves.
Less than a billion pounds of American cars flow into the UK.
So this is the critical element here, I think. Look at the cars. And again, we're just kind of projecting forward right now what we might hear from the president coming up soon. But with the auto industry in particular, President Trump has been very, very dissatisfied
with the imbalance going on in our auto industry, that we have so many European imports coming into the United States, so many Asian imports coming into the United States, but not enough American cards being sold in those respective countries.
And so if you have $9 billion of imports from the UK flowing into the United States and just $1 billion, not even, from the United States going to the UK, this is the kind of trade imbalance the president is talking about.
the president has been working in particular to help the american auto industry here and so here's an area that could be dramatically improved if the uk drops its trade barriers if we can get more u.s cars into that market uh we could we could have something very very good going on here so uh keeping an eye out for the president's remarks this morning on this subject and whether or not the auto industry plays a big role additionally
Agriculture. You know, you've got a lot of American farmers. They, of course, sell food here in the United States. We want to sell a lot of that agricultural product all across the planet. The president's not arriving at this deal lightly. He wants a good deal to start this. He wanted a big country to start this.
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