US-Japan Trade Agreement - The US and Japan have reached a trade agreement involving reciprocal tariffs, particularly on autos, with Japan proposing an innovative solution involving equity, credit guarantees, and funding for major projects in the US [5][6] - Japan will provide new capital targeted at strategic industries in the US to de-risk supply chains, especially in areas like medicine and semiconductors [6][7] - The agreement includes a 15% tariff rate for Japan, specifically for reciprocal tariffs on autos, which is linked to Japan's innovative financing mechanism [5][6] - The 15% tariff rate for Japan is considered a result of their innovative package, with President Trump pushing them to do even more [10] US-EU Trade Relations - The EU has not yet presented an innovative package similar to Japan's, but trade talks are progressing [11] - The EU is reportedly preparing to impose 30% tariffs on €100 billion (approximately $107 billion USD) worth of goods if no deal is reached [12] - The US views itself as a deficit nation compared to the EU's surplus, suggesting that trade escalations would impact the EU more [13] US-China Trade Relations - The US is in a good place with China and can start moving on to bigger discussions, with the potential for a rebalancing of the US-China relationship [14][15] - The US aims to bring back precision manufacturing and wants China to become more of a consumption economy [15] - Discussions with China will include purchasing agreements, especially for agriculture, with a focus on rebalancing the trade relationship [16][17] - Regular meetings with China are planned, with no desire to decouple but a need to de-risk part of the US supply chain [19] Federal Reserve and Monetary Policy - The Treasury Secretary believes the Federal Reserve's analysis of tariffs is off, as they have seen very little price pressure from tariffs [26] - The Treasury Secretary suggests the Federal Reserve should conduct an internal review to separate monetary policy from other activities [31] - The Treasury Secretary believes that regulation has been too stringent since the great financial crisis, leading to a build-up outside the regulated financial system, with private credit up ten times [36]

The market is trading like this is really good news. This Japanese the US trade deal. Carmakers in Japan are up by more than 14%, 15%.Is that not a good deal. Look, you're right. I have been very frustrated and I write this morning not as much caffeine as normal.So first of all, for automakers, it is a good deal. And I think actually that you've identified the key point of why this is particularly good for Japan, because I think suddenly it's making Japanese carmakers much more competitive against U.S. carm ...

Trade & Investment - Certainty in trade deals is crucial for investment [1] - Global diversification can build a more resilient economy [1] Company Strategy - Siemens CEO emphasizes the need to stop uncertainty [1]

Are you confident we can get these big the big ones the big deals done. I have them done. The question is President Trump drives the strongest bargain.He's the dealmaker. He makes the deals. This morning he was on with the president of Indonesia and he makes the deals.That's how this administration works. We let the greatest deal maker who's ever been in that office. He makes the deals. ...

We've had a string of softer than expected inflation rates in this country. We've had four. We might get five at 830 Eastern time.Why do you believe that signal and not noise. Well, I mean, there's some persistence there, Jonathan. And look, I do have access to the number of the night before, but when I'm coming on TV, I don't look at it. So I don't know what the number is going to be at 830. And I wouldn't you know, I don't know whether it's going to be down, up or flat.But I wouldn't put too much emphasis ...

Trade Negotiation Strategy - The president is using tariffs and sanctions as negotiating tools, particularly with Russia, aiming for a deal rather than permanent sanctions [5][6] - The president seeks conceptual deals or frameworks with countries, using the threat of tariffs to push negotiations forward before August 1 [7] - Trade deals typically take 12 to 18 months per country, making simultaneous deals with multiple countries challenging [7] Economic Impact and Considerations - The performance of the US economy, especially inflation, will influence the president's decisions on tariffs [8][9] - Exporters are absorbing some tariff costs, and importers are engaging in forward buying, temporarily mitigating inflation's impact [12] - The duration of tariffs is a critical factor; the longer they last, the more adverse the economic effects [13] Geopolitical Implications - Imposing tariffs that prohibit countries from doing business with others (extraterritoriality) can create resentment and backlash [2][3] - The European Union is expected to be the toughest to negotiate with, potentially leading to tariffs on European goods [13]

Market Overview - Pre-market futures are lower across all major indexes due to new tariff threats from President Trump, which have dampened market enthusiasm after reaching near record highs last week [1][2] - Trump announced a new +35% tariff on all Canadian imports and a +30% tariff on both the EU and Mexico, effective if no new trade deals are reached by August 1st [2] Tariff Impact - Over $99 billion in revenues have been collected from tariff policies, marking an increase of more than +110% from the previous year [3] - Economists express concerns that higher tariffs could lead to increased prices for consumers as companies pass on costs to maintain profitability [3] Trade Deal Status - The U.S. has not established new trade deals, with only an incomplete agreement with the UK and a preliminary deal with China regarding rare earth materials [4][5] - The 90-day window for establishing new trade policies has closed without resolution, raising questions about the potential for further delays [5] Economic Data Releases - This week will see significant economic data releases, including the Consumer Price Index (CPI) and Producer Price Index (PPI), with CPI expected to rise to +2.7% from +2.4% [6] - Other economic reports include Empire State and Philly Fed manufacturing reports, Retail Sales, Industrial Production, Business Inventories, Homebuilder Confidence, and Housing Starts/Building Permits [7] Earnings Reports - Major banks such as JPMorgan, Citigroup, and Wells Fargo will report earnings on Tuesday, followed by Bank of America and Goldman Sachs later in the week [8] - Other companies reporting include Netflix, Johnson & Johnson, and 3M, contributing to a busy earnings week [8]

And for more on this, I want to bring in Massachusetts Congresswoman Katherryn Clark, who also serves as House Democratic Minority Whip. Uh, Congresswoman, thanks so much for being here. As we've discussed, the deadline, a new deadline it seems, for trade deals is August 1st.But now we're learning the president has actually rejected some deals that his team has negotiated. I want to play again the director of National Economic Council, Kevin Hasset. But this was what he said yesterday.A bit of a revelation ...

US trading partners race to make deals with the Trump administration, thinking that this time the president's deadline is real https://t.co/v3eASUg3oz ...

Hi there and welcome to Meet the Press Now. I'm Ryan Nobles in Washington where after successfully signing his domestic policy legislation into law last week. President Trump is now struggling to make good on several other key promises. Starting in Ukraine, a problem Mr.. Trump promised repeatedly to solve on day one of his presidency. Now, as President Trump is clearly growing increasingly frustrated with President Putin, we get a lot of bullit thrown at us by Putin for you want to know the truth. He's ver ...