#basis-trade
I can’t take three and a half more years of tariffs. I miss not thinking about global trade on a daily basis
August 1, 2025 at 3:45 AM
Basis trade leads Page One:

@wsj.com
September 16, 2026 at 11:11 AM
This is what tariffs were always all about for Trump. Not about revenue, trade, domestic manufacturing, GDP - it’s about giving himself the unilateral power to decide economic winners and losers on a case by case basis, with kings and CEOs coming to him asking forbearance..
May 1, 2026 at 12:02 AM
Trump thinks that if you pay somebody $10 for a burrito than you have lost the $10, like it has been stolen from you. He's not pretending; this is literally the basis of his trade policy
Trump says that one of the only things we import from Mexico are "hot tamales."

Not tamales -- but "hot tamales."

Because if you go to any crossing on our southern border, you will see 18-wheelers with huge ovens. Those ovens are set to 375 degrees, and they are filled with tamales.
“We could do tremendous good for ourselves by just not trading with countries” — Trump’s bonkers view of trade is that you become wealthy by not engaging in commerce
September 4, 2026 at 8:26 PM
Hedge funds sour on basis trade as Treasury selloff continues reut.rs/4hmHdvn
Hedge funds sour on basis trade as Treasury selloff continues
Like Treasuries themselves, the Treasury basis trade has fallen out of favor lately.
reut.rs
September 24, 2026 at 10:50 AM
Jonathan Reynolds, "Our biggest trading relationship is with the EU, but on an individual country basis it is the US"

So our trade with the EU is bigger than our trade with the US, which begs the question why Labour is keeping barriers to trade with the EU, which in turns keeps our economy poorer
July 28, 2025 at 7:26 AM
Raskin: The basis for this most destructive trade war in the history of the world is the profound economic research and policy writings of one Ron Vera, a completely fictional economist conjured up by Peter Navarro, a real person who Elon Musk just called a moron
April 8, 2025 at 7:42 PM
so, is there, like, anyone in the republican party who has tried to explain trade deficits to him? like, even once? because he very clearly doesn’t understand them at all and his total wrongness is like the entire basis of our current trade policy
Trump: "If we lose $50 billion a year with a country, and we say 'we're not going to trade with you anymore,' we don't lose $50 billion a year. It's very simple. Right?"
September 17, 2026 at 12:24 AM
JPMORGAN: “.. many trade deals negotiated to date have relied on IEEPA tariffs and have not yet been formalized as trade agreements. With the legal basis for these tariffs now invalidated, the fate of these deals is in question. These may need to be renegotiated ..”
February 21, 2026 at 1:02 AM
Jerry going out of his way on a daily basis to make the Parsons trade look even stupider than it already was
Sources: The Cowboys and standout G Tyler Smith agreed to terms on a 4-year, $96M extension —$24M per year — to make him the NFL’s new highest-paid at his position.

Smith gets a whopping $81.2M guaranteed.
September 13, 2025 at 8:20 PM
Would you like to learn about the Treasury-futures basis? Have I got a podcast for you! (Yes, seriously, we spent some time talking about the basis trade)
April 12, 2025 at 4:56 PM
Big news: on a bipartisan basis the Senate just voted to reject Trump's tariffs on Canada. The House has to vote on it next, where it's less likely to pass, but the cracks are starting to form. Trump is losing support from Republicans on his costly trade war.
April 3, 2025 at 12:10 AM
The Senate has already voted four times on a bipartisan basis to reject Trump's illegal trade war.

No blank checks for Donald Trump’s endless trade wars.

No blank checks for senseless tariffs.
January 12, 2026 at 11:50 PM
Gonna be hard to tell my students not to use ChatGPT for their essays when we're apparently using it as the basis of global trade policy
Guess where they got their weird trade deficit math from?
April 3, 2025 at 12:57 AM
Mark Carney says USMCA is a basis for a broader talks on trade and that it will have to change, and that Trump has taken advantage of deal with the tariffs.
May 6, 2025 at 5:16 PM
He’s gotta have the only hair and makeup crew in history that uses a cotton candy machine on a regular basis as part of their trade.
January 30, 2025 at 4:41 PM
Mark Carney says USMCA is a basis for a broader talks on trade and that it will have to change, and that Trump has taken advantage of deal with the tariffs. #cdnpoli
May 6, 2025 at 9:11 PM
Incredible. Directly refuting the whole basis of their trade policy
Actual news.

"Both sides represented their national interests well, but we also concluded that we had shared interests and that neither side was interested in a decoupling" - Greer on US-China de-escalation.
www.politico.com/newsletters/...
US-China hit pause on sky-high tariffs
The United States and China will provide more details on a new tariff mechanism later today.
www.politico.com
May 12, 2025 at 2:18 PM
Again, I don’t understand how threatening the territorial sovereignty of, & starting trade wars on the basis of national security laws with, our closest ally in the world is not an immediate presidency-ending scandal. We are deeply unserious country whose constitution has completely failed.
Canadians are right to feel betrayed.

Close allies with mutually-beneficial cooperation for many years only for the US to try to damage the Canadian economy for no reason, spitting on decades of friendship and mutual trust.

I’m sorry.
Incredibly moving Justin Trudeau remarks:

"We have fought and died alongside you....During your darkest hours...we were always there. Standing with you, grieving with you, the American people....Canadians are a little perplexed as to why our closest friends and neighbors are choosing to target us."
February 2, 2025 at 4:47 AM
HATZIUS: “.. recent dollar depreciation of 5 per cent on a broad trade-weighted basis has considerably further to go.”

@financialtimes.com $DXY
www.ft.com/content/976e...
April 24, 2025 at 4:29 PM
Hamdan Ballal is alive & free.

But let's say it again: Israeli settlers dragged an Oscar-winning filmmaker from his home, beat him half to death, then kidnapped him - all on the basis of his movie. Anyone in the trade who doesn't condemn this is a coward.
March 25, 2025 at 1:08 PM
“Did Ronald Reagan support markets and free trade?” isn’t quite as bad as “who was president in 2020?” But when it comes to basic factual questions that unfortunately have become the basis of major contentions today, it’s not far off.
October 24, 2025 at 4:21 AM
How I am reminded of my deep love for the tropical ocean, the entire basis for my beloved fursona’s aesthetic - truly a warm trade wind breeze above clear blue water!
April 28, 2026 at 9:17 PM
Why in the world would any country negotiate with Donald Trump over tariffs? The court with jurisdiction – United States court of international trade (CIT) – has clearly ruled his actions are completely unconstitutional and with no basis in law!
July 8, 2025 at 1:58 AM
"Bakers trade Bread recipes . . . on a knead-to-know basis."
May 8, 2026 at 7:49 AM