Trade

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The Interwoven Histories of Malay Cuisine | Khir Johari | TEDxSingapore
TEDx Talks· 2025-07-10 16:12
What did you have for lunch today. Food is more than what we eat. It is who we are.Have you ever thought what your food says about you. My own journey into the rich complex world of Mallayic astronomy is like reading a love story. A love story that's lost and I'm rediscovering it.This endeavor triggers interviews with custodians of food knowledge, food wisdom, travels to distant libraries across the globe and reconstructing food scenarios that sometimes requires the whole village. Exactly 200 years ago in 1 ...
Trump Tariffs 'Pure Revenge and Illegal,' Says Trade Expert
Bloomberg Television· 2025-07-10 06:03
We're seeing some of the highest level of U.S. tariffs since the 1930s. What are you making of the numbers we're seeing so far. Well, I do think they're extraordinary.I mean, if you look at this, again, this is the largest tax increase we've imposed in the United States in many, many decades. And as you said, bringing tariffs levels back to the level we have not seen since the early 1930s. If you look at Asia alone, I mean, when Trump came into office, the average tariff on Asian goods coming in the United ...
'The hammer he has': Trump uses tariff threat on Brazil to help his buddy
MSNBC· 2025-07-10 04:33
It is day 171 of the second Trump administration and here's what we saw earlier. Donald Trump escalating his new strategy of trying to define global trade with another letter campaign. This morning he posted letters to more countries to inform them of the new tariff rate on their goods if they do not make a deal with us by August 1st.Those countries were the Philippines, Sri Lanka, Muldova, Brunai, Libya, Iraq, and Algeria. For the record, none of those countries are among the United States's top 30 trading ...
Trump warns of new round of tariffs
NBC News· 2025-07-10 00:30
Trade Policy & Tariffs - President Trump considering tariffs on goods from the Philippines (20%) and Iraq (30%) if trade deals are not reached by August 1st [1] - President Trump announced a 50% tariff on goods from Brazil [2] - The US administration claims to be taking in hundreds of billions of dollars due to tariffs [3] Impact on Businesses - Some American companies believe the president's tariffs have leveled the playing field [3] - Some companies are hiring more people in the US as a result of the tariffs [4] - Other businesses report devastating impacts due to uncertainty [4][5] - A packaging company in Pennsylvania finds it difficult to stop importing products from China due to the decline in domestic plants, machinery, and skilled labor [5] US - China Trade - Some American companies find it offensive that Chinese manufacturers are allegedly dumping products in the US at prices below the cost to manufacture them in the US [3] Political Landscape - White House Chief of Staff Susie Wilds described Elon Musk's departure as a "very troublesome ending" [6] - President Trump finds it ridiculous for Elon Musk to start a new political party [6]
Pres. Trump announces 50% tariff on Brazil starting August 1
CNBC Television· 2025-07-09 20:48
Well, we've got breaking news right now. Another tariff letter from the president. This one with the highest rate we have seen so far.Megan Cassella has a story for us. Hi, Megan. Absolutely.Another letter has been posted on True Social. The president writing to the leader of Brazil saying that he's imposing a 50% tariff on all imports coming in from Brazil as soon as August 1st, unless the country strikes some sort of a deal before then. Now, this letter, guys, is a little bit different from any of the one ...
Trump Unveils New Tariff Demand Letters
Bloomberg Television· 2025-07-09 16:32
Tyler, What do we know so far. Yeah. Hey, Katie.Well, President Trump had told us that we could expect two waves of terror letters to go out today. He said that there would be a minimum of seven letters sent out in the morning. So far, we've gotten six, and the rates outlined in them are marginally different.Algeria, for example, stays even at 30 percentage points. Brunei drops one point to 24%. Libya also down one point to 30%.The Philippines is up three points to 20%. Moldova down from 31 to 25%. The bigg ...
The tariff extension is good for retailers, says NRF CEO Matt Shay
CNBC Television· 2025-07-09 15:41
One of the country's most exposed sectors, that's retail. The president shifting deadlines creating some significant disruptions to businesses across the space, according to our next guest. Joining us this morning is National Retail Federation CEO Matt Shay.Matt, it's good to have you back. Good morning. Hi, Carl.Thank you. So, I'm sure you were listening to Contesta's view, at least from the insurer standpoint. Are you sensing that that slowdown or that muddier picture in domestic growth.Well, I think that ...
Trump Says He's Sending Out Seven Trade Letters
Bloomberg Television· 2025-07-09 13:45
This event is this morning. No extensions. What incentives the countries have to negotiate.If you set deadline keeps moving, we move. No. It's always been August 1st. August 1st.They pay and everybody pays. Everybody has to pay. And the incentive is that they have the right to deal in the United States if they don't want to. They don't have to pay and they don't have to deal here.But if they want to buy and make a lot of money and sell in the United States, they have to do that. Is the latest this morning. ...
X @Bloomberg
Bloomberg· 2025-07-09 08:44
Market Sentiment - Emerging market currencies declined due to investors considering the implications of US President Trump's trade regime [1] - Weak Chinese price data also negatively impacted market sentiment [1]
'Extremely difficult': Trump, struggling to fulfill tariff promises, extends deadline again
MSNBC· 2025-07-09 04:13
>> ONCE AGAIN I'M. >> STEPHANIE RUHLE. IT IS A 170 OF THE SECOND TRUMP ADMINISTRATION.AND THE PRESIDENT WARNED. >> TODAY THAT THERE WOULD. BE NO EXTENSIONS FOR HIS NEW.>> AUGUST TARIFF DEADLINE. THAT MEANS KEY TRADING PARTNERS LIKE JAPAN, SOUTH KOREA AND MALAYSIA HAVE LESS THAN A MONTH TO BROKER BRAND NEW DEALS WITH THE U.S. OR FACE AT LEAST 25% TARIFFS. TRUMP ALSO THREATENED A NEW 50% TARIFF ON COPPER IMPORTS AND A 200% TARIFF ON PHARMACEUTICALS, BUT HE DID NOT SAY WHEN EITHER WOULD TAKE EFFECT.COMMERCE SE ...