Mini Deal News Today

By Staff The European Union has finalized an agreement to eliminate tariffs on live and frozen U.S. lobsters, retroactive to Aug. 1. The deal should substantially boost sales of Maine lobster to European markets. The agreement is expected to last for five years, with the EU taking steps to make it permanent, according to a news release. “This is a step in the right direction for U.S. lobster businesses,” said Annie Tselikis, executive director of the Maine Lobster Dealers Ass...

Every time theres positive news in the trade war, the dow is in the green, the s&p 500 jumps up, it rises, it soars. but every time theres bad news, then it drops back down. this week, of course, theres progress, a breakthrough, a mini deal. of course, when it comes to the dow and s&p 500, those were all in the green, all positive. >> how does it help farmers and the manufacturing industry? >> this is very concerning to president trump. a lot of the farmers are in swing states. when it comes to ...

Welfare. he spoke earlier in his presidency. the first speech he gave joint session of congress education, energy and healthcare. he is in part on his way. going to revolutionize the country. he he doesnt care. when we heard that what he said this afternoon, he he was mocking the idea of cutting spending and then he said im going to stand up for seniors and all the others will be heard. this is an annall of this is dot care if we go over the cliff or not. he thinks he wins either way. he is not ...

The day is the big deal is dead, completely dead, and we are down to either a small down, a mini deal, or going after the cliff straight. what is your reaction to this? >> i dont -- you know, im not sure thats true. just talking to my colleagues in the senate, i think the middle ground is pretty well known by everybody, and i think you could still get something that would be viewed by the ratings agencies as well as the american public as a pretty good solution. so i think its possible. i dont k...

I think republicans will end up looking as if they are holding things up but -- when the economy is going to get upended next week if things dont happen the way they should, even if there is no mini deal, no anything, thats bad for the country and bad for the president it just is. i think thats where they are coming up to. >> thats the hard place that -- >> i think thats right. thats -- i think that -- i think it is very hard for him to look at that and not feel like he needs to move ahead and d...

And by the way, does it matter which way it lands politically for the president and politically for the republicans in the house? >> richard haass. >> i think the big question is also whether this happens smoothly or whether first theres a failure to get over the fiscal cliff, theres a big breakdown in washington, the markets tank and almost like the t.a.r.p., then the week after or day after something comes together. and when it does come together, it will be good because what it will introduce...

Mini-deal or something like simpson-bowles. but if you get a mini-deal, a lot of the same issues will have to be dealt with in a $4 trillion deal. if you have the politics to do this, i would think youd have the politics to do the bigger deal. >> thats still a small deal when you look at the past four years. as you move forward, the deficits are going to go even higher. >> oh, yeah. even a maximum deal, i think, all of us would agree is not going to happen. simpson-bowles is not going to go thro...

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And boehner would never -- i dont think boehner has ever voted for a tax increase. now, if president obama had said broader scale, corporate tax rate lowering, bigger tax reform to close some of these loopholes you might get some republicans to support that. >> you think so? >> but it would have to be big and serious and i think this little small ball is not serious and i is what is chipping away at credibility for republicans and democrats but certainly hurting the white house which is why they...