UAE

DrTreeMan

Another consumer of Iranian oil is the UAE, which is financing his meme coin.

NoCollegeKids

We are making the UAE the 52nd state

TopherBrennan

That's legitimately kind of funny. And it's clearly meant to pander to the Saudis (plus Qatar / UAE), which is gross but not as embarrassing as the Gulf of America thing.

ClandestineGK

He said they're going to UAE, Qatar, Middle East, probably oil related.

our_little_time

no, he said it will be announced Thursday, Friday, or Monday before they go to the UAE. Just found the video clip. So things are probably going to climb the rest of the week.

upboat_

TRUMP casino in UAE

Ronin3993

People are speculating it has to do with the middle east since he's traveling there. Probably some kind of deal with UAE or Israel.

illicit_FROG

For all those that don't understand, Trump is selling Saudi and UAE, and Russia data, doge gave away everything.. Who is buying TSLA you are, with your country... No one is buying TSLA for value reasons.

Fine-Drummer2604

UAE deal.. a chance of something years from now

Fine-Drummer2604

Positive announcement probably the same announcement about the investment from the UAE that will never happen

Limp-Strawberry-0_0

Question is is this targetting UAE and gulf’s deliveroo earnings or uk. Tbf they’re not taxed in Dubai lol

AP9384629344432

Iraq + Kazhakstan are usually the biggest cheaters. Russia too for a time and I think UAE.

DecrimIowa

in 2022 the conditions were very different than they are now and there was still a good amount of resilience in the system, not to mention COVID QE money still sloshing around. Silicon Valley Bank, UBS acquiring Credit Suisse and Archegos were canaries in the coalmine though. also the Saudis and UAE starting to settle oil trades in Yuan. I don't care if it happens in a few weeks, a few months or even a few years- the collapse is starting and in a decade or two, historians will look back and say that it started happening in the post-covid years even if it wasn't recognized at the time. Honestly though there's probably going to be money to be made in (rapidly depreciating) dollars right up until the moment of collapse, and people will still be playing in the casino as it burns down. I wish you and the rest of the bulls on here the best of luck but I just hope you all recognize the risks inherent in the current environment and don't gamble with more than you can afford to lose.

ssppbb21

My parents emigrated from Lebanon to the UAE, then to America where I was born. I decided to move to Lebanon and it was easy enough because of the low cost of living and the family who stayed here. But now I own property here and want to bring my family back as they retire in a few years

vtsandtrooper

Literally the second country listed who supported this. Dont kid yourselves the OPEC countries see the renewable picture on the wall, they benefit from higher production levels “Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman reaffirm commitment to market stability on current healthy oil market fundamentals and adjust production upward 03 May 2025 The eight OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman met virtually on 3 May 2025, to review global market conditions and outlook.”

Newtothisredditbiz

Steps 1: Trump’s acts (since he’s been in office) aren’t criminal. If they meet the criteria of “high crimes and misdemeanors,” he can be impeached - not imprisoned. That’s the law. Step 2: What amendment? Presidents can’t be dim-witted narcissists? See step 1. Your steps 3 and 4 would just show everyone the U.S. is arrogantly ignorant of the world, doesn’t listen to its allies, and will blow shit up. Any U.S. involvement in Gaza, especially if it helps Hamas, would be catastrophically moronic. 1) The U.S. has no credibility among Palestinians. The Biden administration tried to deliver aid and was accused of “colonizing” Gaza when it built a temporary pier to facilitate shipments. [Palestinian militants bombarded it with mortar fire.](https://www.militarytimes.com/news/your-military/2024/04/25/us-led-gaza-humanitarian-aid-pier-comes-under-fire-un-officials-say/). 2) Many Arab countries, especially America’s closest allies like Saudi Arabia and the UAE, see Hamas and other Palestinian groups as grave security threats. Egypt has a longstanding peace treaty with Israel. It’s built a [massive security fence on its border with Gaza](https://a57.foxnews.com/static.foxnews.com/foxnews.com/content/uploads/2024/02/1862/1046/egypt-gaza-border.jpg?ve=1&tl=1) to keep Palestinians out. Palestinian groups such as the PLO destabilized Lebanon, Jordan, and Syria. The PLO assassinated the Jordanian Prime Minister, and started civil wars in Jordan and Lebanon. The PLO supported Saddam Hussein’s invasion of Kuwait, prompting Kuwait to evict 350,000 Palestinian residents after the first Gulf War. That the Arab countries are unwilling to help Gazans beyond sending food aid is telling. Jordan and Saudi Arabia are willing to help Israel shoot down Houthi missiles, but nobody is helping Hamas or PIJ. No “Free Palestine” protests in the UAE. Many Arabs on the streets hate Jews, and their governments can be deeply critical of Israel. But they know any policy that potentially helps terrorist groups like Hamas is suicidal. Americans shouldn’t pretend they know better than the Arabs and Israelis who live there. ——— The U.S. joining the war in Ukraine would damage Ukraine’s status and invite future conflict. Ukraine would forever be seen as a pawn of the U.S. rather than a sovereign country. Ukraine has never asked for direct military assistance for this reason. It’s always asked for weapons. Ukraine can win if it gets as many weapons as it asks for. Why won’t people listen to Ukrainians rather than telling them what they should get? It’s their war.

Bansionboy

100% agree, but New York is gonna be nearly impossible to get that project approved. UAE saved their ass.

avantartist

Here’s a list of current importers I found online: China is Iran’s main oil buyer—taking in about 90% of their exports (1.6M barrels/day) via a “ghost fleet” that masks origins with ship-to-ship transfers and fake labels like “Malaysia.” Syria still imports despite sanctions—part of their military alliance. The UAE keeps trading with Iran too, though it’s under the radar. Venezuela and Iran are both sanctioned and now besties—swapping oil to stay afloat. Russia buys a ton of petrochemicals ($750M in 2023) as part of their growing ties. Turkey continues importing due to proximity and longstanding trade. Pakistan wants Iranian gas but is skittish over U.S. sanctions. Iraq bought $10B+ in goods (including oil) from Iran last year. Germany still trades a little (~$160M), but EU rules limit it. India used to buy a lot, but dropped off under U.S. pressure. Malaysia acts as a laundering stop—relabeling Iranian oil before it heads to China.

FourteenBuckets

The US is an enemy of Iran after the current regime a) overthrew a friendly one that hosted American military forces b) sponsored \["totally unofficially"\] a group that held US embassy staff hostage for over a year c) fought an eight-year hot war against an ally (Iraq, back then) d) sponsored terrorist groups that helped foment civil war in Lebanon and struck US forces in Lebanon for peacekeeping e) and took more American civilians hostage, often for several years f) became buddies with Libya and Syria, two other adversaries of the US g) have been enemies of allies in the region-- Israel, Saudi Arabia, Bahrain, Egypt, the UAE h) supported rebels in Yemen that undermine security there (and fight Saudi Arabia) etc etc. but hey why show the whole movie when you can blast one corner of a single frame and act like you've seen something

silsum

His buddies in UAE buy a shit load of it.

DVTcyclist

China. 90% of crude exports eventually end up in China. They’re often blended or transshipped through other markets to mask its origin. Amongst the countries doing most of that “origin masking” are Malaysia, Singapore, UAE, and Venezuela. It’s basically a big FU to China.

Immediate-Sky9959

He is so full of crap: China & UAE& India and Turkey are their biggest importers.

Impressive-Name5129

Wait if most of the worlds high quality brent oil comes from the UAE and the UAE trade with Iran.... Does that mean the US is set for an oil crisis? Can't even work at  as you would not get to the Wendy's location 

SAHDSeattle

Between the billions the Saudis gave Ivanka and the billions the UAE just gave his scam stablecoin USD1 it seems several authoritarian governments are fans. Who needs the EU, UK, Canada, and Mexico when we can just crash the economy and make the Trumps rich?

NinjaBilly55

Trump warns other nations not to buy Iranian oil then gets 2.2 billion from the UAE in the same day.. Nothing to see here folks.

mattressmaker2

No way he adds more to China or UAE. I can't imagine we get anything from Syria.

The_real_Covfefe-19

India doesn't really import Iranian oil. China, UAE, Venezuela, and whoever takes it in secret.

TowelOld743

So Lindsey Graham wants 500% tariffs on countries that import russian oil, gas and petroleum products, atm that includes, China, India, Turkey, South Korea, Japan, Taiwan, Saudi Arabia, Malaysia, Singapore, Brazil, UAE, Egypt and even the EU, through their internal gas market it's impossible to know where all gas is sourced from. I left out some countries, but this could be interesting. What do you guys think?

Quickoneonit

In 2023 all of irans oil went to these 4 countries. China. UAE. Venezuela. And Syria.

Purplebuzz

And the UAE and Venezuela and the US buys oil from them.

jarena009

Ohhhh so since the UAE imports from Iran, does this mean Trump's $6B golf course deal is off?

tripping_on_phonics

China has a lot of business interests in the US. We would definitely feel the economic impact. India is also a big trading partner of theirs. Also the UAE is closely aligned with Saudi Arabia so I don’t think they would be able to work out a deal here.

climbercgy

No, china, india, UAE

azure275

This is mostly just China anyway, so I'm not sure how much this matters Also, the UAE will just build a new Trump hotel and suddenly this will go away

Echo-Possible

Let's break the different rationales used by different people at various points in time. 1. Tariffs to produce revenue 2. Tariffs to convince companies to manufacture more in the US 3. Tariffs to balance trade deficit 4. Tariffs to reduce trade barriers for American products being sold in other countries (regulations barring American products) The outcomes from a trade deal can address 2, 3 and 4. A country like Japan can commit to buying more of the products that we produce (point 3). Things like agriculture (soy beans, beef/pork) and oil and gas (of which Japan is massive importer but they get 80-90% from Saudi Arabia and UAE). This would reduce the trade deficit. They can also commit to producing more of their products they sell to US consumers inside the US using American workers. This would reduce the trade deficit and bring back manufacturing (points 2 and 3). They can also commit to lowering regulations that prevent things like American meat products and agriculture from making it into Japan in the first place. So this would reduce trade barriers and potentially lower trade deficit (point 3 and 4) Now I agree number 1 is a contradictory aim. I think this point is primarily being used as a negotiating tactic to get concessions on points 2-4 in a deal. Basically saying "we would love to generate revenue from imports of your products its great for us". The reality is those costs will be passed on to consumers and/or consumers will stop buying those products from those countries. There could be some lower base nominal tariff that will still in place and produce a few hundred billion per year in revenue. That likely wouldn't be enough to stop the flow of goods and still help balance the 2T deficit we are running (at the expense of US consumers). So it's basically a tax on US consumers to balance our massive budget deficit.

dansdansy

NVDA can wash their hands of the matter once they sell to UAE at msrp, from there UAE intermediaries would sell at markup to mainland chinese buyers if the US doesn't have some sort of enforcement mechanism set up. Even just hosting AI cloud services for mainland China in the UAE or allowing mainland chinese owned companies to set up shop there would be enough to get them access to the cutting edge chips and bypass sanctions easily if we loosen access to the cutting edge in UAE. If we aren't sharing nuclear and stealth tech with a country I don't think we should allow cutting edge chip exports either imo.

optiontrader1138

> Markets are forward looking, tariffs are going to be so immediately terrible that they will be rolled back, with or without Trump. In the past month, all you see here are comments like: * Empty shelves^tm * Prices will be 145% higher! * Runaway inflation * Experts agree tariffs are bad^tm * The GDP is going to collapse! Reality: 1. *If currencies are permitted to float freely, devaluations largely nullify the effect of tariffs and transfer costs to the targeted country. * Example: *No tariffs:* An Indian steel producer charges 50,000 INR for 1 ton of steel. Exchange rate: 1 USD = 80 INR (hypothetical for simplicity). Cost in USD: 50000 INR / 80 INR/USD = $625 *20% Tariffs:* The steel's value is $625 so the tariff is $125/ton. New cost to US buyer: $625 + $125 = $750 Indian producer receives 50,000 INR, US govt receives $125. US buyer pays $125 more per ton. Note: the above is the simplistic narrative which is pushed on social media (and regular media for that matter) *20% tariffs + free floating currency* Indian steel is less competitive in the US. Market forces rebalance exchange rates to reflect all available trade between the two countries. Assume: INR devalues by 20% to restore competitiveness (hypothetical, usually it's not that clean and doesn't fully offset the effect of tariffs) New exchange rate: 1 USD = 96 INR (20% devaluation) Indian producer still charges $625 to the US customer, but now receives 60,000 INR Note that the tariff represents a point-in-time step change (a shock), not a change in the second derivative of prices, so it has no permanent effect on inflation. Also note that the burden of the tariff is now shifted to India. The producer receives 60,000 INR (up from 50,000) but the devalued rupee means that their purchasing power abroad is weaker. Pre-devaluation, 50,000 INR could buy $625 worth of imported US goods, and now it requires 60,000 INR. Taken collectively, this means that India now pays more for foreign goods and inflation may rise if import dependency is high (not great news for China, btw). As for the US consumer, once they get over the initial tariff shock, it's behind them. The US economy is less affected as the buyer's cost is offset by tariff revenue and policy measures. For instance, if consumers pay 1% higher prices but receive a 10% tax cut, they have come out ahead. 2. *The effects of tariffs are heavily dependent on many factors*, such as relative industry sizes, availability of substitutions, supply chain reshoring, corporate and individual tax regulations, and subsidies to name a few 3. *Tariffs are unlikely to contribute to inflation* as they have a one-time impact and the secondary effects are amplified for net exporters 4. Per point 1, a major caveat is that Chinese currency manipulation by the PBOC prevents the natural rebalancing from occurring (though they pay for it in other ways). However, *it is possible to unilaterally replicate the effect of currency devaluation* through cuts to corporate tax rates and consumption taxes. 5. Prior to tax breaks, the net one-time impact of tariffs is small, about 0.8-2.5% (many analysts estimate this at well under $2000/family of four per year). After tax breaks and underappreciated secondary effects (such as lower oil prices), it is conceivable this may be neutral or even put cash back in the average person's wallet. You may deduce from the above that the impact to GDP is likely to be far less than the fearmongers suggest. Factor in stimulation measures such as deregulation and foreign investment incentive packages, and the case for this being a highly successful economic restructuring becomes much more sound. Some examples of recent EOs and announcements: * Unleashing American Energy (January 20, 2025) * Immediate Measures to Increase American Mineral Production (March 20, 2025) * Unleashing America's Offshore Critical Minerals and Resources (April 24, 2025) * Fast-Track Permitting for Energy and Mining (Announced April 25, 2025) * Coal Industry Revival (April 8, 2025) * Memorandum on Deregulation Without Public Input (April 10, 2025) * America First Investment Policy (February 21, 2025) - eases CFIUS reviews for allied countries and expedites environmental reviews for projects over $1B, while restricting Chinese investments in strategic sectors Deregulation is a very big deal and highly stimulative. Also consider some of the foreign investment packages which have been announced. * Apple: $500B * Softbank: $100B * TSMC: $100B * UAE: $1.4T (wut) over 10 years to sustain investments in AI, semiconductors, energy and US manufacturing * Nvidia: $200B * Eli Lilly: $27B * Hyundai: $20B * J&J: $55B The current announcements amount to over $7 trillion in private and foreign investments, though I would not expect all pledges to materialize. So here's the point. Nobody can tell the future, but if you bought into the tariffs = doom narrative, I can assure you that there is much more complexity here than you probably know. FWIW I make my living from the markets and have done so for some time. My own models put the actual risk of a recession at ~30%, while the odds of a soft-landing (or even very significant growth) are currently at ~60%.

Alepman

Since the 90s UAE is a money laundering and sanctions avoidance hub so probably yes

FarrisAT

The UAE is a “natural American ally to the Taliban”, yes. Remind me why 3,000+ Americans died fighting in Afghanistan again?

threeriversbikeguy

Hmm. Can NVDA sell to UAE who then sell to China? If so NVDA has an out from that handicap.

courage_and_honour1

lol UAE is meaningless

cow_grass

UAE not even a big nvidia customer... right?

narrowant341

US WEIGHS EASING NVIDIA CHIP CURBS ON UAE AS 🥭PLANS VISIT-Bloomberg

CUTON1C

US weighs easing Nvidia chip curbs on UAE as Trump plans visit. $NVDA

tenziki

I didnt realize Apple Intel and Nvidia left the US LG already operates in a large capacity and is increasing capacity due to automotive battery tariffs/incentives which have been in place for a long time TSMC and Intel opening a plant in arizona was due to CHIPS act UAE and Saudis already invest a lot of their wealth fund into US tech comapnies this is nothing new most car companies already have production plants in the us/mexico to avoid tariffs Apple started making phones in India in 2017

Swan990

Apple. Ford. Intel. Samsung. LG. Nvidia. DAMAC. TSMC. Most car companies are considering. Apples also moving a lot to India which is huge for US trade purposes. UAE has pledged to invest in US for AI. And Saudi Arabia. Don't know if there's record numbers but the balls rolling.

Siks10

Europe, China, South America, UAE, and maybe India

Soossaaaa

I think UAE is becoming the clear global winner. Pro crypto, pro oil and green energy, pro west and pro east. They literally have it all as a true neutral.

Common-Second-1075

A BRICS currency is doomed to fail. The BRICS countries are as much rivals as they are collaborators. Their short history has been notorious for various failures to achieve co-operation on all manner of basic issues. Even the NDB has been underwhelming to say the least. Let's assume for a moment that they were, somehow, able to put all their issues to the side and fully co-operate to get a BRICS currency stood up and operating as their reserve currency. Ok. Great. Then what? China, Russia, Brazil, India, Ethiopia, Iran, Egypt, Indonesia, the UAE and South Africa trade with each other with that currency. Cool. Then what do they do with it? China can't buy Australian iron ore with a BRICS currency, and it can't sell flat pack furniture to the Netherlands for a BRICS currency. So it's just a closed loop system amongst a group of notoriously unstable mercurial economies who are just as likely to backstab each other given the chance. Perhaps they could force some of the developing world to use a BRICS currency but those countries would ultimately still favour dollars or euros given the opportunity, which would make them easy economic pickings for the Americans and the Europeans. Think about how easy it would be for the US to force the UAE and Egypt out of that group just based military aid alone, for example. BRICS has so far achieved very little and it's hard to see how it will achieve much given the group that comprises it. It's a nice idea but without the backstop of a strong democracy who operates on the basis of the rule of law and doesn't manipulate their economy at will, BRICS will always be a vipers nest.

Jswjsjsw2120

A deal has been priced in but China keeps separating from US via foreign investment into PE and a recent oil deal with Canada. LNG from UAE and trade talks with EU, Vietnam, Thailand and other Asian countries.

Mysterious_Act_3652

I was in favour of small government, free markets, capitalism, low taxes, support for entrepreneurs, low regulation, tough on crime, tough on immigration, anti woke. I like the UAE and Singapore models which I’ve seen first hand to be amazing. The Trump thing has shown me that these things have to be done in balance. You can’t just throw out your due process, your checks and balances, all of your values and compassion. Take Ukraine for instance, I’d rather pay the money, welcome their people and stand up to a tyrant even if it goes against many of the principles above just because it’s the right thing to do. Ive also seen how the benefits of the system I had in mind just acrue to billionaires. Things like low regulations are just used to stack the odds in their favour. Firing hundreds of thousands of people (harming them and us as citizens who use the services) just to give more tax breaks to them gives me no benefit whatsoever.

notalwayswright

Pretty sure they shit on titties in the UAE

capnwally14

Tbc - i dont think this US is in control of this situation, and I think some in the admin (like Bessent) are aware. He has a famous-ish quote about never being convinced, but just trying to stay north of 50% confident. Trump I don't think has that sort of... self reflection? Or if he has it its never going to be seen publicly. The goal for the US (as I see it) is to stop the drain of the US' resources everywhere *but* China. I think this is why they're trying to get a deal with Iran (and convince Iran to not want nukes), I think this is why they want to get a peace deal with Russia (and offering huge gets for Russia like recognition of Crimea, lifting some sanctions). Even with Israel and Gaza. I think if the admin got their way, the US is focused on the pacific, Europe is focused on Europe, Israel / Saudi / UAE handle the ME, and China is boxed in by a ring of countries (India, Japan, South Korea, Philippine) and less allied with its fall back allies (Iran / Russia in a place where they'd be unwilling step up if China needs them). In some sense the lack of production is *acutally* the thing that kicked off most of this (though I think timed with the US basically running out on social security, interest rates being at an unsustainable level, etc). In a hot war for Taiwan (which we care about for more than just the Chips - Taiwan is a part of the first island chain that blocks china from having unmonitored sea access), we are actually hosed given how much more productive capability China has. They can make drones (which in the Ukraine war we discovered is basically the new method of war) at a much larger scale than us, they can produce 2000x our ships (thanks to their shipbuliding policies) I think they see a closing window to fix what could be the actual end of America as the leading power (if you take their logic seriously it is the conclusion you should draw) - and are making a much more aggressive play. I should note that this is complilcated that it isnt like one person with one view steering this - its like a set of people who Trump ebbs and flows between. I think we can predict the range of outcomes (or at least narrow it), but doesnt exactly tell us where we'll land.

cleared-lens

i was aware that colo alert is available in Europe, but UAE too?? that's good

ticktocktoe

>I mean your link does show that inside the LNG market the US is the biggest trade partner, but for overall the US is just one of many suppliers for the EU. Ok...here....The overwhelming majority of LNG is from the US. [https://ieefa.org/european-lng-tracker](https://ieefa.org/european-lng-tracker) >And there are definetly a lot of other trade partners that would love to fill the void of the US. Im sure there are plenty who would 'love to' - but no one can. The second largest exporter is Aus and almost all their exports go to Asia. Then its some middle eastern countries and russia...again, mostly going to Asia. You also underestimate how much the war in Ukraine has made Eastern Europe a no-go for energy as well. It cannot be seen as reliable or secure. You wont believe me because of pure homerism, but I'll say it again. US is THE ONLY PLAYER in the game for LNG in Europe. >They did develop it before even being associated with Pfizer in any way. And one of the largest money givers was the German state it self... And you make it sound like that the European pharmaceutical companies like Bayer, Novartis, AstraZeneca, Roche, Sanofi or Novo Nordisk could not have done this. Ok? Develop all you want - EU still lags US significantly in its mRNA capabilities - hence why almost all covid vaccines are manufactured in the US. My home in the US is about 45 min from NJ, which is the central hub for all these drug companies. Employees are being shipped over here in droves from EU locations because the US is the leader in the space. >So you backpaddled from "And don't forget your military industrial complex is all US powered." to "The EU is behind in this one specific field in aeorspace combat". You do not know what backpedalling means apparently. I gave a brief example (arguably the most important one air-superiority), but we could go with missile defense, nuclear powered navy, space, drones, etc... all of which massively outpace EU and the rest of the world, even more so than aviation. Not to mention the strategic physical footprint the US has across the globe. And before you say 'well EU will kick US out'...doesn't matter, they have Isreal, Poland (non EU), Qutar, UAE, etc.. And that footprint is needed more and more. I think people vastly underestimate the danger and success of Chinas Belt and Road initiative, combined with the digital yuan. Africa is already 'lost' to China. Much of Asia (Pakistan esp.) are 'lost'. And its already creeping to Central and South America. As unstable as the US is right now, having to bend the knee to China will be way...way worse. Listen, I get why you're taking the stance you are. US is fucked right now. And I'm not trying to come across as a "USA! USA! USA!" patriot. But the fact of the matter is that the EU is, at this point in time, completely dependent on the US for a lot of things, to the point where turning off the faucet would cripple the EU economy. I agree that EU needs to find more independence, but that will take decades, and frankly there is the looming existential threat to the western world (china) aggressively expanding.

bubbawears

China has signed a five-year deal with the UAE for Liquefied Natural Gas (LNG), skipping U.S. suppliers amid an ongoing tariff war. Art of the deal 

InIce1234

You forgot about the insanely high taxes in Europe, both from an entrepreneur’s perspective and as an employee. If you’re serious about innovation, you’re way better off going to the US, UAE, or Southeast Asia. And for skilled workers, it’s simply not worth it as well. Why would a highly educated academic from, say, India move to Europe, when they’d earn less than in many other countries and have to give over 50% of their already lower income to the state?

Turbulent-Pay1150

Yep, seems like the UAE and China both won here. Checks out!

Unusual_Onion_983

The UAE dirham is pegged to the dollar at approximately AED 3.68 to 1.

Careless_Catch_4380

Looks like the decoupling is already happening – no going back now.  US soybeans have been swapped out for Brazilian ones.   American LNG got replaced with UAE supply (just signed a 15-year deal).   And Boeing planes? Stopped accepting deliveries—sent 'em back to the States.   Once these moves are made, there’s no undo button. You can’t just cancel a 15-year deal with the UAE or ditch Brazilian soybeans to go crawling back to the US.   China’s clearly executing a decoupling playbook. Hard to imagine any meaningful negotiations happening at this point—especially since they’ve swapped out their trade reps for WTO legal sharks specializing in loopholes and anti-litigation, not economic policy.   No take-backsies. The US has about six months of inventory left—once that runs out, the real impact of decoupling’s gonna hit.

quarksoup84

They are probably about to sell a shit ton more to the UAE . And the Trump admin is likely to ease regulations next week when the diffusion rule comes out . NVDA is gonna be just fine . 

30PercentIRR

Didn't even know UAE cared about the Ukraine war in any form, let alone have on my cards that they would mediate a temporary ceasefire. Kind of wild, let's hope it lasts - Ukraine is reporting that there are already drones in the sky less than 30mins after it was due to start....

quarksoup84

Wonder if they let NVIDIA sell more chips to the UAE , and what they will get in exchange. 

jastop94

That's the thing, if you appease the current administration by making it seem like a victory, they'll back off. Like do i honestly think Saudi Arabia and UAE is going to actually invest there's hundreds of billions in the US? No. Do I think the automakers will increase their production lines by a significant margin? Not really. At least not enough to really matter. The AI format might have some ground but with the current administration going against the CHIP act all because a certain pres doesn't like guys predecessor having success and him going against China to limit import of rare earth metals and him limiting Nvidia Sales of chips to China, this could go either way really.

strandedinkansas

That is possible if the deal indicates what the administrations actual goals are. My guess is that they don’t have any coherent goals, unless it’s to eliminate trade deficits, or curry favors. So if the deal is with UAE based on them opening a new Trump tower (my bet) it may not help much. In the end there will be more incompetence and regulatory uncertainty which will weigh on earnings more and more. Consumer confidence will continue to drop. And by the time he gives up on this and goes to the expected deregulation, we will be in an actual recession. That doesn’t mean stocks won’t go up, but It’s a good time to look globally.

Debunk2025

Futures trading is only for big guns like JP, GS etc. Individuals should stay away from them, especially margin trading. The trading hpuses fool you with promises. But bottom line.. you are the loser. There are 1000s of cases..lost their funds in futures. I read abt a person who lost everything and ended his life in Indonesia. Another one in UAE.

Guilty-Deer-2147

Iran has MAD in the form of striking Israeli desalination plants and Saudi/UAE desalination plants, oilfields, and refineries. Any meaningful action against Iran will have consequences and would immediately cause an economic crisis.

RaybanQA

**The PetroDollar Bloc Wouldn’t Sit Idle** The **Middle East has the most to lose** if the dollar fails. * Oil is still traded overwhelmingly in USD. * Currencies like the Saudi riyal and UAE dirham are pegged to the dollar. * Sovereign wealth funds (PIF, ADIA, QIA) are *heavily invested* in U.S. assets. They don’t love America. But they love a strong dollar — and if China tried to tank it, they’d **step in and buy Treasuries** to keep the system stable. > **Fort Knox Still Exists** You forgot the U.S. has the **largest gold reserve on the planet**. * **8,100+ metric tons** of gold * Worth around **$600 billion** * All under lock at Fort Knox, Denver, and West Point If confidence really cracks, the U.S. could sell or collateralize gold reserves to stabilize the dollar. **Other countries don’t have that luxury.** >

RaybanQA

**: The PetroDollar Bloc Wouldn’t Sit Idle** The **Middle East has the most to lose** if the dollar fails. * Oil is still traded overwhelmingly in USD. * Currencies like the Saudi riyal and UAE dirham are pegged to the dollar. * Sovereign wealth funds (PIF, ADIA, QIA) are *heavily invested* in U.S. assets. They don’t love America. But they love a strong dollar — and if China tried to tank it, they’d **step in and buy Treasuries** to keep the system stable. > **: Fort Knox Still Exists** You forgot the U.S. has the **largest gold reserve on the planet**. * **8,100+ metric tons** of gold * Worth around **$600 billion** * All under lock at Fort Knox, Denver, and West Point If confidence really cracks, the U.S. could sell or collateralize gold reserves to stabilize the dollar. **Other countries don’t have that luxury.** >

dankdoor

I feel like you're thinking of things too one-dimensionally Africa - based on what I know (could be anti chinese propaganda), China has basically done the same thing that the west did to African countries: invest under the guise of helping build infrastructure, Europe - Basically, China wants to sell more stuff to the EU and vice versa. What this would look like in practice is a flooding of Chinese products. The same thing that happened to US manufacturing would happen to the EU, which is partly why the EU has such strict import regulations in the first place. EU's balance of payments would flow into China (assuming they keep the RMB low), exactly the reason the US is doing what its doing now. East Asia - S.Korea and Japan have way too much financial and cultural investment in the US. Not to mention China has been antagonizing them for the last 20-30 years. SEA - They hate China because of land/border disputes and ancient history. Middle East - Israel, SA, UAE, and Egypt are all pretty much on the same side at this point, they don't care about their Arab/Muslim brothers as much as they say (see Palestine)

Bullumai

Post cold war era Statistics: Top 5 Countries Responsible for War Deaths (2003–2024) 1. United States - Major Conflicts: Iraq (2003–2011), Afghanistan (2001–2021), Syria (airstrikes & proxies), Libya (2011), Yemen (support for Saudi-led coalition) - Estimated Deaths: 1.2 million+ (primarily in Iraq and Afghanistan) - Weapons Sales: World’s largest arms exporter (supplied Saudi Arabia, Israel, UAE, Iraq, and others). U.S. foreign policy has remained the same. It used to place its rough, spiky boots on the Global South while keeping a softer one for Europe. There's a reason why countries in the Global South aren’t surprised by America’s new antics. But Europeans and American allies in East Asia are caught off guard.

Affectionate-Froyo12

Really? Your surprised an opaque tax haven were the super rich hide their money has a lot of US bonds? I was more surprised UAE and Saudi weren’t on the list, but maybe they are more into stocks.

KungFuBucket

Oh that’s also a pretty easy one to explain. We buy lots of raw materials and cheap goods from less well off countries at good prices, and we then turn around and manufacture expensive things they can’t afford and sell them to wealthy countries like that love to buy American like Hong Kong, Belgium, UAE, Australia, etc. where we actually have a trade surplus. If anything I feel like the US is taking advantage of the countries where we have a trade deficit because we’re exploiting their economic conditions and buying up all their resources on the cheap.

leveredarbitrage

Market is pricing in a deal with China in the coming weeks Trump said he wants a call scheduled with Xi He's also got a confirmed meeting with Saudi and UAE in the coming weeks They're intermediaries with China and are generally good mediators Bessent has been looking at the bond markets and Trump is low key panicking and now has a great incentive to close the deal Hence the markets are bullish

Plappedudel

What is 🥭 gonna do to save the oil industry? Tariffs on Saudi & UAE?

Medium-Ad-5435

I WANT TO REACH AN INVESTOR TO START MY BRAND!! Hey everyone, I’m looking to connect with an investor who’s interested in backing a high-end, product-based brand in the accessories and jewelry space. The brand identity, product sourcing, and marketing strategy are ready. I’ve already reached out to one major influencer in UAE and a few micro-influencers worldwide—they’ve shown interest and are ready for the next move once the brand officially launches. I see strong potential, but I’m looking for the right investor to help bring it all to life. For those who’ve done this before—where did you find your first investor? Are there any trusted platforms, communities, or networking spaces that actually help connect with serious investors? Also, what should I have ready before reaching out—pitch deck, projections, product samples? Would really appreciate any advice or experience you can share. Thanks!

Stonkynewb

Id dump my wife and be on the next flight to UAE

Boomshtick414

Willing to bet money $SPHR won't survive this. Down 44% from recent high. The boycotts of international travel to Vegas, likelihood for depressed domestic tourism there, and so forth, combined with their over-leveraged business model makes it seem like the Sphere in Vegas isn't far from getting sold for parts. They've also got a *lot* of staff dedicated to building more spheres in other regions and aside from maybe the one planned for the UAE, hard to imagine most of those teams will be able to survive this economy.

far-center-extremist

EU 🇪🇺 had meetings today with Canadian 🇨🇦 and Chinese 🇨🇳 representatives to discuss tariff removals. Also agreed to host free trade talks with oil/gas giant UAE 🇦🇪

far-center-extremist

EURO getting stronger. EU UAE in free trade negotiations 30y bonds close to 5% Holy shit the euphoria has been killed.

thedonjefron69

China tariffs now 145%(reciprocal tariff + fentanyl response tariff), the EU and UAE agreed to a fair trade deal(with each other)

Armpitlover33

It was under the idea that everyone would you as the US wanted.  “Its not rape if they don’t fight back” seems to be a thing for this administration. They failed to see that if (when) EU shifts to China, it’s game over. There are no more enemies to request protection from (except the US).   Russia? They have an open border 3000-4000 km wide with the Chinese army… one step out of line and it’s bye Siberia. Russia also has Finland, Poland on the East, which could be a headache. No, Russia would  become a minor dictatorship around corruption and commodities. UAE would probably shift too - selling to EU-China as primary market should be enough.  Australia should follow too. That leaves the US very isolated, in a world where Chinese are no longer peasants riding bicycles, burbling are developing their own 6th gen fighters and air carriers ( still untested but still a feat) Maybe Drumpfs goal was market pump, but he crossed many international red lines, and the rest of the world took notes. This is the fall of Constantinople, the end of the Austro-Hungarian Empire. 

DelightfulDolphin

Are you mentally unwell? Do you not know about the horrible abused in UAE and Qatar? No one in their right mind would recommend those two countries to anyone w children. Muslim or not, they're just evil.

lOo_ol

It's not as you may think it is. They have city-sized communities where locals are a small minority (below 10%). You'd think you're in California. You can also wear bikinis by the beach, and harassing women in the street is illegal. Women can walk alone safely at night. They have bars in the UAE, but doors must be closed, no going out wasted, throwing up in on the sidewalk. But it is indeed conservative. If you have a hard time adjusting to the culture, and that's why I said there's no one-fits-all answer, consider Malta. English is used a national language along with Maltese. They do have taxes and real estate doesn't appreciate as fast as the UAE and Qatar on the account that they don't have the same net immigration. Somehow, mentioning Middle-East countries got some Americans all up in arms, but I did mention other places everyone may like.

lOo_ol

You really are clueless if you think Qatar and the UAE are some taliban countries. As for drinking, you can drink in the UAE, not in Qatar as far as I know. But that's like a Dutch saying your country sucks because you don't have brothels in the street. But I'll meet you there, if you're a drinker, a gambler, or a weed smoker, those countries are not for you. No harm in that.

lOo_ol

It'll never cease to amaze me how clueless Americans are. Both countries have better education than the US, rank #2 and #3 in homicide per capita behind Andorra (the US ranks 140th, out of 195 countries), higher life expectancy, higher literacy rate, no taxes, no tariffs, no property tax, better infrastructure, the UAE also has a higher real estate ROI... Let's call it what it is, they're Muslims, and that's what bothers you.

valiantdistraction

UAE and Qatar are absolutely joke suggestions if you're escaping the US for moral reasons

lOo_ol

There's no one-fits-all answer, as your lifestyle and response to local weather will impact how happy you are elsewhere, but I usually recommend Malta, Cyprus, the UAE, or Qatar. If you can withstand humidity, Malaysia or Vietnam or quite nice. If you're very wealthy, Monaco or Singapore. There's a YT channel called Nomad Capitalist that offers useful insights and options.

GeneralLivid7332

I don't know, maybe. But Canadian citizens don't have a 104% tariff on China. Neither does the Ireland or the UAE. Let alone 400%.

Flashy_Leather_2598

The USA (and UAE) are magnets for every countries worst charlatans.

AirUsed5942

Setting up a factory overseas requires years of planning, bureaucracy, funds and the target countries are usually stable ones like Singapore or the UAE. A mental institution with nuclear weapons doesn't count as stable

crazylikeajellyfish

For what it's worth, I think the debt idea is at least partly copium from more financially literate conservatives. The wrong side of that risk is that we've effectively raised taxes on consumers while also inflating the currency next year, so it's not exactly a master plan. It does also create the risk that China steps in and takes our role with all our trading partners, in which case Trump will have actually shrink the US role in the global economy. China has $3.4T USD on hand, way more than the debt we owe them. If they wanted, they could start selling dollar-denominated bonds, just like the UAE did. All to say, even the charitable take carries enough risk of fucking the US economy to make you wonder how much money Trump would make in that world. https://mof.gov.ae/us-dollar-denominated-10-year-usd-1-50-billion-bond-maturing-in-july-2034/

GeneralLivid7332

Says the Canadian citizen. He also holds citizenship in Ireland and the UAE. Lives mostly in Miami.

BleachedUnicornBHole

Companies will invest in an authoritarian country if it’s stable (UAE, Qatar, and Saudi Arabia all have governments that are at least authoritarian adjacent). The problem is when there’s a corrupt authoritarian regime because you’ll just get shaken down. 

whisskid

Kevin O'Leary was an "spokesperson and ambassador" for [FTX](https://en.wikipedia.org/wiki/FTX_(company)). He is a parasite. An investor who holds Canadian, Irish, and United Arab Emirates (UAE) citizenship, but not US citizenship. 

ksizzle01

Because POTUS had a meeting with UAE amd they pledged to inject money. Most lilely planned for these drops.

Idontlikecancer0

I am not sure where you live but it seems like it’s the UAE. The UAE makes the most money with the export of oil. Oil prices always significantly drop when a recession happens. The trade war started by the US will very likely lead to a global recession. Slowing down economic trade and production. Meaning countries need less oil, causing oil prices to drop significantly. However, you don’t have to worry. Oil rich nations always make sure to have a big emergency fund for these scenarios so you probably won’t be affected all that much.

CharlieDmouse

UAE wow…

obsequious_fink

My favorite thing is the applauding of "trillions in investment" by people who are always chanting "America First". I I guess Japan and the UAE owning trillions of dollars worth of assets and companies in the US is the good kind of globalism?

broken-ego

Oil prices are down because of market uncertainty, and because Russia, Kazakhstan, UAE, Nigeria, and Gabon are supplying more than agreed to. The next oil price change is expected in early May. Source: https://www.reuters.com/markets/commodities/opec-advance-oil-output-hike-plan-with-bigger-may-boost-2025-04-03/