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 ...

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 ...

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 ...

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. ...

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]

>> 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 ...

[CC may contain inaccuracies] The ASEAN foreign ministers meeting is underway there in KL. Yeah, there's a show going on, live picture from the opening ceremony and of course the key topic everyone's been talking about is US Secretary of State Marco Rubio and China's Foreign Minister Wang Yi also set to attend. And Rubio's trip really comes as President Trump threatens new tariff rates on several countries in Asia unless deals are done by August 1st.Let's get to our correspondent Minmin Low. She is at the e ...

The big picture we need to remind ourselves is what the ultimate goal is here. Yes, they might have to push back deadlines. The aim is to have fairer trade.Are we actually getting to that point. You're so right, Caroline. The big picture is really important here.So let's remember that tariffs are a tool that are a means to an end of a very big objective here, and that is for America to both design and physically build the technology infrastructure that is going to be the backbone of the free world in the ne ...

There's all there's also, Mr.. Secretary, more of a conversation now built around the European Union. Our own Sylvia Maro out in Europe was speaking to some of the top diplomats out there and she had made at least reference to this idea that they are saying progress is being made, that there's there's still a ways to go, but that there might actually be carveouts or certain concessions there as you work towards an overarching trade deal with the European Union. Can you take us through how you feel those neg ...

Welcome to Yahoo Finance's flagship show, The Morning Brief. I'm Julie Hyman. Let's get to the three things you need to know today.First up, US stock futures wavering a bit after selling off on Monday with trade front and center. Investor concern easing slightly today after President Trump delayed increased tariffs until August 1st. But he also sent a wave of letters again threatening key trading partners, mostly in Asia, with high tariff rates.Meanwhile, the European Union is seeking to close a preliminary ...