Trade Policy & Tariffs - The U S president imposed an extra 25% tariff on India over its purchase of Russian oil [1] - Tariffs are viewed as a universal problem solver by the president, which is unusual in US trade policy [2] - Imposing a broad 25% tariff on India is strange, especially if the issue is solely about oil imports from Russia [2] - The president's use of tariffs to solve personal or economic problems creates uncertainty [3] - Tariffs are considered self-harm because they hurt American consumers and producers [5][6] Sanctions vs Tariffs - Sanctions require consistency and allied cooperation, which may not align with the president's go-it-alone attitude [4] - Sanctions differ from tariffs as they are not an exercise in self-harm [5][6] International Relations & Trade Deals - Switzerland may need to promote the president for the Nobel Peace Prize to secure a trade deal [6][7] - Countries are living in permanent uncertainty, as trade surpluses or deficits may not protect them from the president's internal political reasons [7]

Trade & Tariffs - The EU paid $600 billion, leading to a reduction in their tariffs from 30% to 15% [1] - Switzerland has a $41 billion deficit with the US and was unwilling to pay even 1% tariffs [1] - Tariffs on pharmaceuticals will initially be small but are planned to increase to 150% and then 250% within 1 to 15 years to encourage domestic production [2] - India has the highest tariffs of any nation, hindering trade with the US [3][4] - A potential trade deal with India involving zero tariffs was under consideration but complicated by India's purchase of Russian oil [6] Energy & Geopolitics - The previous administration claims to have been drilling at unprecedented levels, contrasting with the current administration's policies [2] - India's purchase of Russian oil is fueling the war machine, potentially leading to increased tariffs [4] Manufacturing & Investment - A company from Taiwan is investing $300 billion in Arizona to build a large plant for chips and semiconductors [2] - The previous administration criticizes the current administration's approach to incentivizing semiconductor manufacturing, suggesting funds were misallocated [2]

What's next on the trade deal front. I want to welcome back on to opening bid longtime investor Wilbur Ross. Mr.. Ross serves at the U as the US commerce secretary in President Trump's first term and has had a close relationship with the president for decades. Mr. . Secretary, always nice to get some time with you.Appreciate you coming on here. Um before we get into the topic of trade, I'm sure you've seen what's been going on uh with the president uh dismissing or firing the BLS commissioner. You know, you ...

Trade Policy Changes - US President signed an executive order announcing new tariffs ranging from 10% to 41% on dozens of countries, scheduled to take effect on August 7th [1] - Talks with China continue with an August 12th deadline approaching [1] - Mexico received a 90-day extension [1] - Canada was hit with a 35% tariff on imports, effective immediately [2] Trade Deal Frameworks - The executive order formalizes trade deal frameworks already negotiated with a handful of nations [1] - The US President indicated openness to deals within four weeks [1] US - Canada Trade Relations - The US President stated Canada has been treating the US badly for years and that the US wants fairness [2]

Trade Policy - White House unveils new tariff plan for every country [1] - The new tariff plan was released just hours ahead of the trade deal deadline [1]

Trade Policy - White House unveils new tariff plan for every country [1] - New tariff plan released just hours ahead of trade deal deadline [1]

President Donald Trump is giving a 90-day extension to negotiate a new deal with Mexico. After speaking with their president, Trump said complexities of a deal with Mexico are somewhat different than other nations because of our shared border despite previously saying that no extensions would be given. All of this comes as so-called reciprocal tariffs take effect tomorrow.Mexico would have been charged a 30% rate. Trump also announced a new deal with South Korea where imports will now face a 15% duty on exc ...

Watch live coverage as White House Press Secretary Karoline Leavitt holds a press briefing after President Donald Trump said in a Truth Social post Wednesday night that Canada’s plan to recognize a Palestinian state “will make it very hard" to reach a trade deal before pending tariffs snap into place tomorrow. Come Friday, the world will have to contend with higher tariff rates from the Trump administration, raising the specter of even more economic uncertainty. For most countries, that can of worms has bee ...

It is time for money, power, politics. We are obviously following major trade news tonight. The president announced a deal with South Korea, which of course is a key US trading partner with just two days to spare before the deadline. The deal officially sets the tariff rate on South Korean imports, which we pay for. They don't, at 15%. Also, as part of the deal, Commerce Secretary Howard Lutnik says, I'm going to slow this down. South Korea will provide $350 billion dollars for to to invest in the United St ...

Trade Negotiations - US and China concluded trade talks in Stockholm, with potential extension of tariff pause subject to President Trump's approval [1][3][4] - The current deadline marks higher tariff rates taking effect for most other countries [2] - Further technical discussions are ongoing, and President Trump will make the final decision on extending the pause [4] - A potential meeting between President Trump and President Xi could take place before the end of the year [7] Tariffs and Potential Outcomes - Failure to reach a deal could result in a 34% tariff on Chinese goods [6] - The US is seeking a lower tariff rate depending on China's offers [7]