Trade Policy Deadlines & Tariffs - The US is facing new tariff deadlines this week, with potential tariff increases for countries without trade deals [1] - August 7th (Thursday) is a key date as new tariff rates take effect for over 70 countries exporting to the US [3] - Friday sees potential tariffs on Brazil and secondary tariffs [6] - August 12th is the deadline for China [6] Key Trade Partners - Canada is the largest trading partner without a deal, potentially facing lower rates [4] - India is the next largest trading partner that could face higher rates [4] India Tariffs - The President hasn't finalized the tariff rate for India [3] - There was a mention of secondary tariffs targeting Russia and India, potentially as high as 100% [5] - The market is watching for potential 125% tariffs on India [5] China Trade Talks - Stockholm talks with China went fairly well, according to both sides [7] - The market is uncertain why the August 12th deadline for China hasn't been extended [8] - The level to which tariffs would increase against China if the deadline isn't extended is unknown [8] - What happens with China, a massive trading partner, after Thursday is a major question [9]
What to know about Trump's tariffs and upcoming deadlines
CNBC Televisionยท2025-08-05 18:03