Tell me, what do you think investors are really responding to here. I mean, Trade deal with Japan, a big trade partner, but is this also optimism about the EU and other trade deals. Sure.Look, it's the first top five trade deal we've gotten done here and for us, we're excited about it. It now kind of sets the bar with what we've seen with the Philippines and this probably 15 to 20% tariffs, right. We now kind of have our arms wrapped around what it might look like.There's hope the EU can get it done because ...

Time now for money, power, politics. And today, the White House announced new trade deals with Japan and the Philippines and a trade framework with Indonesia without too many details. Both Philippines and Indonesia will now be subject to 19% tariffs, while the president says Japan will face reciprocal tariffs of 15%.But not everyone is happy with those with that news. Reuters reports a group representing the Detroit 3 automakers called it a quote bad deal for US industry and US auto workers. Both GM and Sta ...

The European Union is taking steps to hit back against U.S. companies if a trade deal can’t be reached by President Trump’s Aug. 1 deadline https://t.co/wAZLnygi91 ...

US-China Trade Negotiations - The US administration showed a softening tone regarding trade negotiations with China [2] - There were signs that the US President aimed for a summit with the Chinese leader by the end of the year [3] - Easing export restrictions on Nvidia's chip exports to China was a positive sign for the Chinese government [3][4] - Further softening of export controls on Nvidia chips is possible [4] Potential Escalation Factors - An employee of Wells Fargo was stopped from exiting China, leading the company to advise employees against traveling to China [5][6] - China accused foreign agents of smuggling rare earths out of the country [7]

Pharmaceuticals will be tariff probably at the end of the month, and we're going to start off with a low tariff and give the pharmaceutical companies a year or so to build. And then we're going to make it a very high tariff. For more, let's bring in senior editor Bill Faries.Let's just start with those comments out of President Trump suggesting that tariffs could be coming for both pharmaceuticals and potentially for chip makers as well. Bill, what more do we know. Yeah.So the timeline is is really new here ...

stock market, Mr. . Secretary, keeps going up. It feels like the market's not believing that the the worst of the tariffs is going to happen.Something again you and I talked about in Phoenix and you've talked about on CNBC with others before. Is the market getting it right. Because a lot of investors are watching the market go up up.President Trump is smashing down the barriers that have held American business back. For 80 years, tariffs were on America. So when we tried to sell elsewhere, there were tariff ...

Our next guest will weigh in on the latest uh with US tariffs, the budget bill, uh and more. Joining us now, House Ways and Means Chairman Jason Smith. Uh Mr.. Chairman, it's good to see you. Thanks for uh for joining us as always. Always good to be with you, Joe.We we also said we'd talk about the the latest from from Nvidia and and um in the White House and the recent meeting, I guess, with uh with Jensen Wong. I want to start though, uh Mr. . Chairman, we just had Mike Wilson on, pretty well thought of u ...

Trade Relations - The EU is preparing to impose retaliatory tariffs on a new list of American products if a trade agreement is not reached by August 1 [1] - The targeted American products include aircraft and alcoholic beverages [1]

Trade Relations & Economic Impact - Vietnam's economy is heavily reliant on exports, representing approximately 90% of its GDP [4][8] - The US is Vietnam's largest export market, leading to a significant trade surplus and making it a target for potential tariffs [1] - Potential tariffs from the US, such as a proposed 46% tariff, could profoundly impact Vietnam's economy and manufacturing sector [2][10] - Vietnam experienced substantial foreign investment, exceeding $600 billion since 1988, contributing to export growth [7] Geopolitical Strategy & Manufacturing - Vietnam has become a major player in the global supply chain, manufacturing goods for various American companies and global brands [3][4] - The "China Plus One" strategy led companies to relocate some production to Vietnam to avoid tariffs on Chinese goods, benefiting Vietnam during US-China trade tensions [8][9] - Vietnam employs a "bamboo diplomacy" strategy to navigate complex relationships between the US and China, balancing economic and geopolitical considerations [15][16] - Vietnam's government is proactively engaging with the US to mitigate trade imbalances, including purchasing US products [12] Historical Context & Economic Development - Post-war Vietnam was one of the world's poorest countries, but economic reforms and policies to attract foreign investment have driven significant growth [5][6] - Vietnam's strategy of offering tax incentives, infrastructure development, and an open attitude to global manufacturers has been successful in attracting foreign investment [6]

President Trump sent letters to more countries yesterday threatening higher tariffs if they don't reach a trade deal with the US by August 1st. Of the eight countries who received letters, only Brazil is a major American trading partner, ranking 10th overall. It faces a possible tariff of 50% next month.The higher taxes are because of the trial for its former president Yaier Jaire Bolsinaro. He is a Trump ally who is accused of trying to overturn his 2022 election loss. In the letter announcing Brazil's tar ...