This story was originally published on Supply Chain Dive. To receive daily news and insights, subscribe to our free daily Supply Chain Dive newsletter. The United States secured new framework trade agreements last week that would lower one of its highest country-specific tariff rates while allowing certain duty exemptions for four nations in Central and South America. In a framework agreement with Switzerland and Liechtenstein, the U.S. said it would slash the current 39% tariff charged to imports of Swi ...

So you heard Alys's report with regard to the trade dynamic that we're developing with Latin America right now. Ununice Yun just laid out the state of play with China and its economy visav trade. Just how important are the next few weeks and months for this Trump administration in trying to really push through the priorities it has on international trade.>> Extraordinarily important. Um and uh these four new trade agreements I think are a great showing of momentum of the uh importance of using tariffs as a ...

Core Insights - The trade agreements announced by US President Trump in Southeast Asia are characterized as "historic" but reveal uneven benefits and numerous uncertainties for the involved countries [1][2]. Trade Agreements Overview - The agreements include the removal of many tariff and non-tariff barriers on US exports, with commitments from Southeast Asian nations to purchase nearly $150 billion worth of US goods, particularly in sectors like semiconductors and aerospace [2][6]. - The agreements are perceived as "one-sided," with Southeast Asian countries facing unclear benefits and potential costs to their domestic industries due to the rollback of tariffs on US goods [3][7]. Economic Impact on Southeast Asia - For Malaysia, the tariff exemptions are estimated to apply to about $12 billion of its exports to the US, which is approximately 2.8% of its GDP, but only about $1 billion of these exports will benefit from a zero tariff rate [3][4]. - The Malaysian stock market showed a decline following the announcement, indicating that investors may have already priced in the trade deals [5]. Specific Country Insights - Vietnam is highlighted as a significant contributor to regional exports to the US, accounting for about $18 billion of the $41 billion total in July [9]. - Cambodia expressed satisfaction with the deal but is seeking further exemptions for garments and footwear, which constitute about 50% of its exports [13]. - Malaysia's Trade Minister indicated that the deal provides better access to US markets and exemptions for specific products like palm oil and pharmaceuticals [14]. Future Negotiations and Uncertainties - The framework of the agreements is non-binding, and detailed negotiations are expected to continue, particularly for Thailand, with a goal to conclude by the end of the year [13]. - There remains uncertainty regarding how the US will classify "transshipped" goods, which could be subject to high tariffs, adding complexity for manufacturers [11][12].

Chinese and US trade negotiators have lined up an array of agreements for Xi Jinping and Donald Trump to formally unveil this week, but none address the core issues: Here’s your Evening Briefing https://t.co/Qc7JGpulDk ...

CLEVELAND-CLIFFS INC. Third-Quarter 2025 Earnings Presentation October 20, 2025 © 2025 Cleveland-Cliffs Inc. All Rights Reserved. FORWARD-LOOKING STATEMENTS This presentation contains statements that constitute "forward-looking statements" within the meaning of the federal securities laws. All statements other than historical facts, including, without limitation, statements regarding our current expectations, estimates and projections about our industry or our businesses, are forward-looking statements. We ...

We'll start in Washington though with the release of new details surrounding the US EU trade deal. Aean Jabber is outside the White House with more. Aean.Yeah, Sarah, that's right. The United States and the European Union released a joint statement this morning laying out more specifics around their trade agreement that was announced earlier this summer. A senior administration official briefing reporters called this a positive step forward.and he said the administration's goal here is to use trade agreemen ...

Aean Javvers has some details maybe on on what to expect with with EU on C. I don't know. There's all kinds of stuff in here.Uh Aean, but maybe we we know a little bit more. Yeah, Joe, we do know a little bit more. The United States and the European Union are releasing a joint statement this morning laying out more specifics around their trade agreement that was announced earlier this summer.Now, a senior administration official who was briefing reporters last night called this a positive step forward. And ...

With over 80% of the S&P 500 market cap announcing second quarter earnings. There's one word that CEOs and analysts can't stop talking about. Tariffs.According to the latest Bloomberg analysis of earnings calls from Russell, 3000 companies tiers were mentioned nearly 4500 times. That's a massive surge from last year when none were being added Associated with that material's costs talked about 30% more frequently. And guess what's taking a backseat.Mentions of inflation thinking nearly 30% and diversity arou ...

The geopolitics and tariffs and things of that nature are still something we're all learning about as an industry. So as a result, we didn't give full year guidance. Tariffs are always a bad deal for consumers.And when you look at 15%, you can say 15% is better than the 30 that were announced, but it's worse than zero. We did not expect to believe to ship, to be able to ship to China because of some of the regulations. I think the this administration, you know, the Department of Commerce, the government has ...

Trade Agreement Negotiation - The industry views current framework deals as the start of negotiating rounds that may span weeks, months, or even years [1] - Addressing politically entrenched trade issues between countries takes a long time [2] - The use of tariffs is a tactic to bring parties to the negotiating table [3] Trade Policy & Tariffs - The administration aims to rebalance trade and bring back manufacturing jobs [5] - Tariffs are seen as leverage to get countries to the negotiating table [6] - The average tariff rate is nearly 20% [8] Globalization Impact - The US has benefited from globalization, but concerns exist regarding its impact, particularly after China's admission to the WTO [7] - The administration is responding to the perceived negative impacts of globalization [7] Market & Economic Outlook - The stock market is performing well despite high tariff levels [8] - Consumer prices have increased, but not to a concerning degree [8] - Inflation has ticked up, but has not yet become a significant headwind [9]