Secretary Scott Besson says he's likely to hash out an extension of President Trump's upcoming trade deadline with China when he meets with his Chinese counterparts in Stockholm next week. Back in May, you'll remember the two countries agreed to a 90-day suspension of most of the tariffs on each other's goods while trade negotiations continued. That date though is set to expire on August 12th.Secretary Bessant joins us now. Mr. . Secretary, thanks for the time this morning.Uh so we got a couple of deadlines ...

Taiwan’s trade negotiators have arrived in the US for tariff talks to clinch a deal with President Donald Trump’s team, according to a person familiar with the matter https://t.co/UqPUYKuC0d ...

What do you make of what we've seen so far in terms of some of these agreements between the US and other countries. As a former trade negotiator, the minute I heard about their objectives here, I just thought they were totally unrealistic. Trade negotiations take time.And the notion you're going to be simultaneously negotiating with dozens of countries just really limits the bandwidth of the negotiating teams. And so, yeah, I think more time is needed. August 1 now is the next deadline.And even though the p ...

Japan’s top tariff negotiator Ryosei Akazawa may come under renewed pressure in the coming days as he faces the risk of missing out on talks with the two key US officials entrusted with trade negotiations when they visit Osaka https://t.co/nhSls5zIoP ...

So, it's letters, letters, letters day. So, we have seven new letters today from President Trump to a variety of trading partners. He's promising more either later this afternoon or coming tomorrow morning.A big one that he said this afternoon was going to drop soon as Brazil. So, that that's a major trading partner. But what we have so far are threats of 20 to 30% tariffs on a range of countries from Algeria to Muldova that would take effect on August 1st.Um, and and this goes this is on top of 14 letters ...

US-China Tech Competition & Trade Negotiations - Both the US and China are heavily investing in infrastructure (data, energy computation, and human capital) to lead in AI [1][2][4] - The US technology industry seeks a conducive environment for domestic investment, exemplified by projects like Stargate and significant investments from companies like Apple ($500 billion) and IBM ($150 billion), totaling over $2 trillion [4][5] - Trade negotiations with China involve potential loosening of export controls on semiconductors as a bargaining chip [6][8] - A year ago, China was unwilling to negotiate with the US unless export controls were lifted, but export controls are now part of the discussions [7][8] Semiconductor Industry & Export Controls - The Trump administration placed 22 chips on the export control list in April, designed to comply with China's market [9] - There's uncertainty regarding whether the Trump administration will lift these controls or further unwind Biden administration controls on advanced semiconductor equipment [9][10] - Companies like AMD and Nvidia desire continued access to the Chinese market, balancing national security interests with economic interests [11] Rare Earth Elements & Supply Chain - China uses its dominance in rare earth elements as leverage in negotiations with the US [16] - China is loosening controls on rare earth approvals but only granting licenses for six months, retaining leverage [19] - US companies applying for rare earth approvals in China face invasive questions about sensitive business information [19] Talent & AI Development - China is rapidly deploying AI talent, prompting the US to launch AI education initiatives to develop homegrown talent and attract international experts [20][21] - The US needs to attract and retain AI talent, especially first or second-generation immigrants who often start technology companies [21]

Washington. And we're going to stick with Washington. President Trump releasing new tariff letters to seven countries that outline more so-called reciprocal tariffs if they don't make deals by the 1 of August.Our Megan Cassella has the latest on that. Megan, hey John. So about 21 countries have now received those letters and the president just said in the last few minutes that more countries including Brazil could get letters today and tomorrow.But here's today's round. We can pull it up. the Philippines, I ...

Trade Policy & Deadlines - The President has set a firm deadline of August 1st for country-specific tariffs to take effect, with no extensions granted [2] - This deadline is intended to be unchangeable, despite previous indications of flexibility [3][4] - Tariff rates could potentially fluctuate based on ongoing negotiations [4] Trade Negotiations & Partners - Trade negotiations involve multiple countries, including Japan, the EU, and India, with varying degrees of progress [7][8] - Japan and the EU are perceived as particularly tough negotiators [8] - Smaller deals with countries like Thailand, Malaysia, or Cambodia might be reached sooner [9] - The White House is prioritizing negotiations with the largest trading partners, which are also the most challenging [9] Cabinet Meeting Focus - The cabinet meeting will address the impact of the President's mega bill on each department [6] - Updates on trade negotiations are expected from the Treasury Secretary, Commerce Secretary, and the US Trade Representative [5]

[CC may contain inaccuracies] Sending letters out on Monday. Having to do with the trade deals could be 12, maybe 15. You know, secretary of commerce right here.And I guess, Howard, I would say it could be maybe as many as 15 or so. And they'll be going out on Monday and some will go out on Tuesday and Wednesday. And it'll and we've we've made deals also.So we're going to have a combination of letters. And some deals have been made. President Trump on the latest tariff negotiations as nations are now scramb ...

What about other trade deals, Mr. . Secretary. Because we're we're getting close to that July 9th deadline on Wednesday.Are we going to see more of these type of deals between now and then. Uh, we are. Of course, everyone waits till the last minute.They think that they can get the best deal. And as as I've warned when I've done other media, these countries should be careful because that their rate could boomerang back to their April 2nd rate. On that note, Mr.. Secretary EU Commission and Chief Ursula Vando ...