Lately, another benefit from trade deals has appeared in Donald Trump’s hype: prospects for a bump in American exports https://t.co/YdzspImhB5 ...

President Trump and several officials from his administration took a field trip this week to the Federal Reserve. They wanted to check out the renovations that have gone over budget and continue keeping the pressure on Fed Chair Jay Powell to cut rates. The first opportunity to do that is next week, just a few days before tariffs are set to spike unless more countries make a deal with the administration. This week, the president celebrated more trade deals and frameworks, particularly one with Japan that Tr ...

President Donald Trump’s recent flurry of trade deals have given Asian exporters some clarity on tariffs, but missing are key details on how to avoid punitive rates that target China’s supply chains. https://t.co/d0pLmfm27C ...

The world’s investors are enjoying a confidence boost after months of uncertainty as President Donald Trump finally starts signing trade deals https://t.co/qvnw3J0Wxl ...

Tariffs and Trade - The US President has increased tariffs by approximately $167 billion, a 60% increase from before [2] - The market views the tariffs as a way to pressure the EU and China to finalize trade deals before deadlines [3] - The US government needs to be cautious about tariffs, as excessive tariffs, such as $700 billion previously, can lead to backlash [4] - The US aims to secure deals with major countries before August 1st [5] Liquidity and Crypto - Raising the debt ceiling reduces liquidity, prompting the Treasury to adjust its financing strategies [6] - Treasury is delaying refilling the Treasury General Account, changing supplemental leverage ratio rules, increasing buybacks, and issuing more T-bills [7] - Stable coin legislation could create an additional $800 billion in T-bill demand [7] - Bitcoin serves as a means to circumvent capital controls in certain countries [8]

Trade Policy & Targets - The US president missed the target of achieving 90 trade deals in 90 days [1] - Instead of acknowledging the failure, the president has intensified efforts by setting a new deadline and issuing threats [1]

Today was meant to be the president's big deadline for countries to reach trade deals with the US. But since he punted that date to next month, instead this morning, we have promises of more tariffs on the way. Now he's threatening 50% tariffs on copper imports and up to 200% on pharmaceuticals imported into the US.The president also posting on social media that more trade letters could go out to countries today after he sent 14 of them on Monday. NBC News business and data correspondent Brian Chung is here ...

“Negotiating is even harder when you don’t know what the other side wants.” On “The Intelligence” we ask why Donald Trump has closed so few trade deals https://t.co/jh4E6hVvqm ...

US trading partners scrambled to finalize trade deals or lobby for extra time as President Donald Trump said he’s notifying about a dozen countries on Monday of the new tariff levels https://t.co/YkSENuaKLs ...

Fiscal Policy & Legislation - Senate passed the Trump mega bill, heading to the House with potential votes as soon as tomorrow, aiming for the president's desk by July 4th [2] - Last-minute changes to the bill include the potential removal of the excise tax on solar and wind [3] - The combination of the deficit impact from the budget bill and tariffs appears to be neutral, according to the CBO [15][16] Bond Market & Interest Rates - The 10-year Treasury yield at 427 basis points is viewed positively, suggesting growth without hyperinflation or uncontrolled deficit [12][15] - Goldman Sachs raises its 2025 Fed rate cut forecast to three from one (September, October, and December) due to smaller-than-expected tariff effects [16] - A September 18th Fed rate cut is anticipated, driven by the expectation that inflation will not spike in June and July [20] Currency & International Markets - The weakness in the dollar is a significant trend, powering investor portfolios forward through international stock exposure [6] - International stocks have been outperforming US stocks, with a 126 percentage points gap through Friday, marking the widest gap in 24 years [8] - Even stripping out the effect of the weak US dollar, international stocks are still up 11% year-to-date, driven by earnings growth in regions like South Korea and Europe [9] Company Specific - General Motors (GM) is being re-evaluated due to potential adjustments to trade rules, with the market possibly anticipating higher earnings and a higher multiple [13]