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X @Bloomberg
Bloomberg· 2025-08-01 17:30
Trade Relations - A trade deal requires the US president's personal approval to be finalized [1] - Switzerland's experience highlights the importance of direct presidential involvement in trade negotiations [1]
America Keeps WINNING Trade Deals
Trade Agreement Highlights - The EU agreed to a 15% across-the-board tariff [1] - The EU agreed to purchase hundreds of billions of US dollars in US military equipment [1] - The EU agreed to make $600 billion in investments in the United States [1] - The EU agreed to buy $750 billion of US energy [2] Market Impact & Investment Opportunities - The trade deal is anticipated to bring clarity to the market, boosting investor confidence [2] - The deal is expected to drive asset prices higher [2] - The deal is a catalyst that could send stocks, Bitcoin, and gold higher [3]
Trump’s trade war has only just begun to hit Americans’ wallets, says economist
MSNBC· 2025-08-01 11:37
Just hours before President Trump's trade deadline was set to take effect today, he signed an executive order announcing sweeping new tariffs for dozens of countries countries as well as formalizing the trade deal frameworks that his administration had already negotiated with a handful of nations. These new rates range from 10% to as high as 41% and they're scheduled to take effect on August 7th, next week. In an exclusive phone interview with NBC News, Trump said that it was too late for other countries to ...
X @The Wall Street Journal
Lawmakers have introduced bills targeting China, a reminder of Capitol Hill’s deep-seated desire to punish Beijing over human rights even as President Trump gives priority to a trade deal https://t.co/QrMHzPoULD ...
X @Bloomberg
Bloomberg· 2025-08-01 08:54
The euro is headed for its worst week in almost three years against the dollar as concern seeped in to the market about the economic impact of Europe’s trade deal with the US https://t.co/DVkOZsRER1 ...
X @Bloomberg
Bloomberg· 2025-08-01 08:48
South Africa’s government is preparing a package to support companies vulnerable to US reciprocal tariffs as it continues talks with Washington on a new trade deal https://t.co/UhGoiV306c ...
'A tariff curtain around America': Trump begins final tariff countdown
MSNBC· 2025-08-01 04:15
NIGHT. GOOD EVENING ONCE AGAIN I'M STEPHANIE RUHLE AND IT IS DAY 193 OF THE SECOND TRUMP ADMINISTRATION. AND WE ARE STARTING TONIGHT.YOU GUESSED IT WITH MONEY POWER POLITICS FOR WEEKS NOW. MIDNIGHT TONIGHT WAS SET TO BE TRUMP'S BIG DEADLINE FOR COUNTRIES TO EITHER REACH A TRADE DEAL OR FACE THE BIG TARIFFS HE ANNOUNCED MONTHS AGO. JUST YESTERDAY, THE PRESIDENT POSTED, QUOTE, THE AUGUST 1ST DEADLINE STANDS STRONG AND WILL NOT BE EXTENDED.BUT TODAY, JUST HOURS BEFORE THAT DEADLINE HIT, HE'S BLOWING UP THOSE T ...
X @Bloomberg
Bloomberg· 2025-08-01 03:15
The European Union's trade deal with the US looks even worse now than when it was unveiled on Sunday, argues @LionelRALaurent (via @opinion) https://t.co/ctYguospQp ...
Trump’s Korea Trade Deal: What You Need to Know
WSJ News· 2025-07-31 11:17
South Korea was in an awkward position. Its key trading rivals in the European Union in Japan had secured an arrangement with Washington on things like autos and reciprocal tariffs. South Korea needed to make a deal.That's what we saw today. Because South Korea competes in major industries like semiconductors, autos, steel, and aluminum. And to see other countries have better arrangements with the US would have been unacceptable.If we look at the deals between Japan and South Korea, they're very similar in ...
X @Bloomberg
Bloomberg· 2025-07-31 07:55
Trade Relations - US-India trade deal stalemate is not primarily about trade, but about power dynamics [1] - The situation is described as a "Trump-Modi staring match", suggesting a power struggle between the two leaders [1] Geopolitics - The article is part of the "IndiaEdition", indicating a focus on the relationship between the US and India [1]