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We are living in the Trump era’: White House Report Card
- Thread starter Always in His Presence
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- Nov 15, 2006
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Countries That Have Signed Trade Deals with Trump (as of August 2025)
✅ Countries with Trade Agreements
over $130,000,000,000.00 in collected tariffs - going directly into the treasury.
✅ Countries with Trade Agreements
| Country | Tariff Rate in Deal | Notes |
|---|---|---|
| United Kingdom | 10% | First major deal; includes quotas and exemptions for autos and aerospace |
| Japan | 15% | Lower than threatened 25%; includes investment and market access |
| Vietnam | 20% | Down from 46%; includes full market access for U.S. goods |
| Indonesia | 19% | Down from 32%; removes barriers on 99% of U.S. exports |
| Philippines | 19% | Slight reduction from 20%; no tariffs on U.S. goods |
| European Union | 15% | Lower than threatened 30%; includes $750B in energy purchases |
| South Korea | 15% | Includes $350B investment and $100B in energy purchases |
| Pakistan | Not specified | Focused on developing oil reserves |
| China | Preliminary deal | U.S. tariffs reduced from 145% to 30%; China from 125% to 10% |
over $130,000,000,000.00 in collected tariffs - going directly into the treasury.
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- Jun 11, 2005
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Apparently the countries indicated the "energy purchases" as a way of placating him, but since all of them have leaders with wisdom and foresight and are changing to renewable energy as quickly as they can, they are unlikely to be needing or wanting US energy. (In addition, the US leader is so impulsive and untrustworthy that they don't consider us to be good business partners.
The trade agreements are, according to media, full of loopholes (due to the aforesaid impulsivity and untrustworthiness of the dealmaker).
It was also noted that US companies are unlikely to move their factories back because it would take them ten years to recoup their investment---and Trump changes his mind daily, and God willing and the American people coming to their senses, he will be off the political scene as quickly as possible.
And $130 billion in collected tariffs? There is only one person who tells unsubstantiated whoppers like that, and by this time you should know that's not true. Other countries will give priority to the countries who give them a fair shake, and we will be the partner of last resort. And American consumers, reeling from the higher prices and unable to replace the goods with American ones, will buy less--therefore less tariffs due to higher prices (aka a lose/lose...) Of course our biggest "lose" was in November, 2024.
The trade agreements are, according to media, full of loopholes (due to the aforesaid impulsivity and untrustworthiness of the dealmaker).
It was also noted that US companies are unlikely to move their factories back because it would take them ten years to recoup their investment---and Trump changes his mind daily, and God willing and the American people coming to their senses, he will be off the political scene as quickly as possible.
And $130 billion in collected tariffs? There is only one person who tells unsubstantiated whoppers like that, and by this time you should know that's not true. Other countries will give priority to the countries who give them a fair shake, and we will be the partner of last resort. And American consumers, reeling from the higher prices and unable to replace the goods with American ones, will buy less--therefore less tariffs due to higher prices (aka a lose/lose...) Of course our biggest "lose" was in November, 2024.
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FAITH-IN-HIM
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It's good news that the US collected $130 billion in revenue. But who actually paid it—foreign governments like China, or US consumers?
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FAITH-IN-HIM
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The foreign entities. Notice, while there has been some price increases, but nothing across the board, and very little into double digit increase.
Despite the tribe speak - nothing bad has happened and our GDP is once again 3%.
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- Aug 18, 2012
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Foreign entities do not pay tariffs. The only possible way that is remotely true is when an International company pays tariffs for imports into the United States....imports destined for American companies or consumers.
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RocksInMyHead
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Tariffs are levied on the importer at the port of entry. So, unless the manufacturers (foreign entities) are reducing their prices to cover tariffs or otherwise reimbursing the importers (American companies), Americans are paying for those tariffs. Importers have largely refrained from passing on those costs to consumers thus far in the hopes that the tariffs would go away, but that's not sustainable long-term. I expect to see larger price increases over the next six months or so, especially if the tariffs instituted today remain in place.
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- Aug 18, 2012
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Cincinnati-based Procter & Gamble:
Looking ahead, P&G said tariffs on its products and on raw materials used in them would cost the company an extra $1 billion in the 2026 fiscal year. Chief Financial Officer Andre Schulten said much of that impact was concentrated in North America between key materials imported from around the world and products exported to Canada.
To help offset that, Schulten said 25% of the company's products would see "mid single digit" price increases, partly due to tariffs amid the ongoing trade disputes and also to pay for product innovations.
Looking ahead, P&G said tariffs on its products and on raw materials used in them would cost the company an extra $1 billion in the 2026 fiscal year. Chief Financial Officer Andre Schulten said much of that impact was concentrated in North America between key materials imported from around the world and products exported to Canada.
To help offset that, Schulten said 25% of the company's products would see "mid single digit" price increases, partly due to tariffs amid the ongoing trade disputes and also to pay for product innovations.
P&G reports weakest sales growth since 2018, plans layoffs and price raises
The company struggles to maintain growth as consumers struggle with economic uncertainty and Trump's trade wars amid plans to cut 7,000 jobs.
www.usatoday.com
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RocksInMyHead
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Yes, as I said, importers (i.e. the American companies that purchase foreign-manufactured goods) have largely chosen not to pass their increased costs on to consumers thus far, whether that's because they stocked up on inventory pre-tariff or because they hoped that Trump would see reason and give up his plan. That's not going to last though. Pre-tariff inventory will eventually run out, and most companies can't afford to permanently axe their profits.
Or do you just legitimately not understand how tariffs work and think that they're paid at the point of origin?
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Akita Suggagaki
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Come, let us worship Trump. Greatest president EVER!
He can do no wrong. Even his golf swing is perfect and he never cheats.
He always knows exactly what to say and his vocabulary is perfect for every occasion.
Everything he does is perfect.
He can do no wrong. Even his golf swing is perfect and he never cheats.
He always knows exactly what to say and his vocabulary is perfect for every occasion.
Everything he does is perfect.
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FAITH-IN-HIM
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So by "foreign entities," you mean the foreign company that makes the products we Americans buy pays the tariff. I agree. Do foreign entities paying this new tariff count it as a production cost and pass it on to consumers?
For an economy as large as that of the United States, the effects of any policy decisions typically require nine to twelve months to become evident. The current economic data neither supports nor undermines President Trump’s performance. It is still too early to determine what impact President Trump’s economic policies will have on the U.S. economy.
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RocksInMyHead
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FYI, that's not how tariffs work. The importer (i.e. the company in the US that buys the products to resell in the American market) pays the tariff. Tariffs are assessed at the port of entry on the entity who ordered the product. I know this for a fact because I have imported goods from a foreign country personally. Guess who paid the tariff? Me.
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On this we agree.
All we have currently is the data from April until August. And in that data we see $130 billion come into the US treasury through tariffs. And we see no appreciable increase in prices saved for some electronics and some vehicle.
The newest trade agreements, which are growing by the week, have not affected the economy as of yet either.
Depending on the source overall prices connected to tariffs have risen between 1.7% and 2.3%
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FAITH-IN-HIM
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It is positive to note that $130 billion has been added to the US Treasury. However, as several have observed in the discussion, these funds originated from American consumers rather than from foreign countries or entities.
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Post 77 is accurate and true. And disproves your assumption.
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