The US expects to largely complete negotiations with countries that have yet to secure a trade deal by the end of October, Nikkei Asia reported, citing an interview with Treasury Secretary Scott Bessent https://t.co/IMbMWdQeFx ...

NATO Secretary General Mark Rutte said this week’s US-Russian summit may open the door to negotiations about Ukrainian territory https://t.co/wWFquzu4ts ...

And welcome back to Power Lunch. Oil is on pace for its worst week since the end of June. Now, this comes as a White House official says a summit between President Trump and Russia's President Putin is tentatively scheduled for the end of next week.Today also marks Trump's deadline for Russia and Ukraine to end the war or face additional sanctions. Now, here to discuss all of this and the impact on energy is Helma Croft. She's managing director and global head of commodity strategy at RBC Capital Markets.Sh ...

Nisha, let's get you into the conversation when it comes to South Asia. The countries have been hit hard. We've seen tariffs ranging from 20 to 46%.I mean, you can say that the U.S., Trump in particular, has played hardball. Yes, indeed. And I think, you know, what has been surprising is that with India, the negotiations had been going quite well.And we were hearing as as early as just a couple of weeks ago from senior levels of the Trump administration, that they felt confident that they had unprecedented ...

We met for two full days in Stockholm. Uh the the Chinese are tough negotiators. We're tough, too.It was led by the vice premier, my counterpart, Julie Fong, uh who I have great respect for. Uh you know, he is both a statesman, a tough negotiator and you know, very senior in the leadership. Uh we uh push back on them quite a bit and uh made our positions known.Uh I believe that we have the makings of a deal. Uh they announced that we would have a 90-day role uh which was a bit premature. Uh I'll Ambassador ...

All right, 15% tariffs on our biggest trading partner. Um, I was at the New York Stock Exchange in recent weeks. A lot of people were saying to me essentially 15%, that's the new zero. It seems to be a number that's palatable to the market.Do you agree with this idea that the market can continue to move higher and that businesses can move with a certain degree of certainty with 15% tariffs. >> That's the big question. Uh, 15% looks like the baseline.Um, and that's that's the big question. Have we reached th ...

Treasury Secretary Scott Bessent said negotiations between the U.S. and China will continue next week. https://t.co/LBJNYtZZUB ...

European leaders conducted a monthslong campaign to persuade President Trump to arm Ukraine and pressure Russia into serious negotiations https://t.co/MEnnBzKTBs ...

Trade Policy & Strategy - The Trump administration's trade policy is characterized by inconsistency, including tariff delays, unreleased deals, and contradictions between the President and his staff [1][2] - The administration initially imposed reciprocal tariffs, then paused them, and subsequently extended the deadline, creating uncertainty [2] - The administration's messaging on trade deals is inconsistent, with negotiators finalizing deals that the President later seeks to improve [3][4] - The administration aims to expedite trade negotiations, potentially leading to both gains and risks for the overall trade agenda [6] Tariffs & Deadlines - Reciprocal tariffs were initially imposed around April 2nd, then paused for 90 days, with a deadline set for July 9th, which was later extended [2] - The new deadline for tariffs was set for August 1st [2][5] Negotiation Tactics - The administration uses letters posted on Truth Social to announce tariff rates, while also suggesting potential adjustments based on how the US is treated [5] - The administration's approach aims to accelerate negotiations and potentially extract more concessions from other nations [6]

On Friday, we're talking about all these letters that the Trump administration had been sending out and talking about perhaps how the EU had been spared for the time being because they were engaged in negotiations with Trump around a potential baseline rate of 10%. He obviously surprised them over the weekend by insinuating it could go as high as 30%. How disruptive could that be for the EU.Yeah. It's hard to know whether this is really Trump narrowing in on what he thinks his final offer will be, or just e ...