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White House: Trump suspends de minimis exemption for commercial shipments globally
CNBC Television· 2025-07-30 18:40
Hey, Brian. 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 Sh ...
EU Defends US Trade Deal in Face of Criticism
Bloomberg Television· 2025-07-30 18:37
It's looking doubtful by the minute. And I and I think this is fascinating here because last 48 hours in Europe have been one where Europe has actually shown a very rare show of unity, especially between France and Germany. The idea that they were really backing Ursula von der Leyen to make this deal.I thought the quote of the day from her was, This is the best offer we could get, the best deal we could get. And they basically settled from 15%. They came out swinging, wanting 040 and are now getting 15%.But ...
Trump announces 25% tariff on India, pending home sales fall, Oppenheimer boosts S&P target to 7,100
Yahoo Finance· 2025-07-30 17:49
Market Catalysts anchor Julie Hyman reports on the latest market movers for July 30, 2025. President Trump announced a 25% tariff rate for India, which could also face an extra import tax due to Russian oil purchases. This announcement comes after President Trump said the US and India are close to a deal on trade, and the president's trade deadline of August 1st is nearing. Pending home sales fell 0.8% in June from the previous month and 2.8% year-over-year. Julie spoke with the National Association of Real ...
X @Bloomberg
Bloomberg· 2025-07-30 17:28
US President Donald Trump made new tariff threats Wednesday, this time claiming he would seek to impose a 25% levy on India’s exports: Evening Briefing Europe https://t.co/GLQOYqhd3w ...
X @The Wall Street Journal
The Wall Street Journal· 2025-07-30 16:02
President Trump’s proposed 50% tariff on Brazilian goods is likely to lift the price of the preferred coffee for most U.S. consumers https://t.co/dMeLlzOGjc ...
X @CNN Breaking News
CNN Breaking News· 2025-07-30 14:17
President Trump threatens to impose a 25% tariff on India and warns the country could face a "penalty" for its reliance on Russian oil and military equipmenthttps://t.co/RhTvZ7d4DY ...
X @Bloomberg
Bloomberg· 2025-07-30 14:04
Trump said he would impose the new tariff rate from August 1 https://t.co/tMR7aHWm0j ...
Trump to Put 25% Tariff on Imports From India
Bloomberg Television· 2025-07-30 13:16
This is quite a statement from the president of the United States that came just moments ago. So if you're just tuning in, I'll share it with you now and read it out verbatim. While India is our friend, we have over the years done relatively little business with them because their tariffs are far too high.The president goes on to say, among the highest in the world and they have the most strenuous and obnoxious, non-monetary trade powers of any country. Also, and this is the additional point the president m ...
President Trump: India will pay 25% tariff
CNBC Television· 2025-07-30 12:51
Meanwhile, President uh po Trump just posting about India. He said that while India is our friend, we've done relatively little business with them because their tariffs are far too high and they have high nonmonetary trade barriers. He also blasted India for buying military equipment from Russia and buying Russian energy.As a result, President Trump saying India will be paying a tariff of 25% as well as a penalty beginning August 1st. If you recall early on during these negotiations, it seemed like India mi ...