Tariff
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X @Bloomberg
Bloomberg· 2025-07-31 00:02
Donald Trump and his Mexican counterpart Claudia Sheinbaum plan to speak by phone on Thursday morning as a Friday deadline to avoid a 30% tariff nears with no agreement between the US and its largest trade partner https://t.co/wA5iZc041R ...
Trump announces South Korea trade deal with $350B US investment hours before tariff deadline
New York Post· 2025-07-30 22:42
WASHINGTON — President Trump announced Wednesday evening that he had reached an agreement with South Korea that will include $350 billion in investment from Seoul and lock in a 15% tariff rate for the Asian nation. "I am pleased to announce that the United States of America has agreed to a Full and Complete Trade Deal with the Republic of Korea," Trump, 79, wrote on Truth Social. The Deal is that South Korea will give to the United States $350 Billion Dollars for Investments owned and controlled by the Unit ...
X @Cointelegraph
Cointelegraph· 2025-07-30 22:25
🇧🇷 NEW: The White House says President Trump has signed an executive order imposing an additional 40% tariff on imports from Brazil. https://t.co/aeyDpEtCyv ...
Fed chair Powell: Tariff induced inflation will take a long time to become clear
CNBC Television· 2025-07-30 19:16
Nick Timmeros, the Wall Street Journal. Chair Pal, my question is about what have you learned over the last few months about the inflation generating and price pass through process. And just to drill down, the June CPI report showed evidence of tariff induced goods inflation.Now, the tariff landscape uh is only starting to be settled with some of these more recent deals. Given the lags between when tariffs are announced and when they show up in goods prices, is two months a long enough horizon to evaluate t ...
Trump ends de minimis exemption for global low-cost goods
CNBC Television· 2025-07-30 19:15
So, there's some counterprogramming going on here at the White House, it seems. A trio of fact sheets just being released, saying the president has signed some executive orders on trade, formalizing some moves, some of which he had threatened, some of which are new. The first is the president says he's going to be revoking entirely the dimminimous threshold for all packages coming in from abroad.It'll be taking effect at the end of August. Now, this is something that will affect companies like Sheen and Tam ...
