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X @The Economist
The Economist· 2025-07-04 02:40
India’s first prime minister had a patrician distrust of commerce mixed with an intellectual love of scientific progress. Many years later, his views on trade are mirrored by Donald Trump’s America-first instincts https://t.co/5WqGISEubA ...
X @Bloomberg
Bloomberg· 2025-07-03 21:42
US President Donald Trump said that his administration may begin sending out letters to trading partners as soon as Friday setting unilateral tariff rates ahead of a July 9 deadline for negotiations https://t.co/tKz2AcQ9YF ...
Treasury Sec. Bessent on Vietnam trade deal framework
CNBC Television· 2025-07-03 18:25
Trade Policy & Tariffs - The US is considering 20% tariffs on goods coming from Vietnam [2] - These potential tariffs are not stacked on top of the existing 10% tariffs [1] - The deal with Vietnam is reportedly finalized in principle [2] - The previous administration encouraged companies to shift production from China to Vietnam [3] Inflation & Margin Pressure - The speaker believes tariffs are not inherently inflationary, but could cause a one-time price increase [4][5] - The impact of tariffs may be absorbed by producers in Vietnam to maintain market share [6] - Apparel companies experienced abnormally high margins during COVID, suggesting potential for normalization [6] Trade Dynamics - A significant portion of trade from Vietnam is suspected to be transshipment from China [3] - Businesses have already adjusted to the existing 10% tariffs [4]
What Trump’s Deal with Vietnam Says About His Trade Talks | WSJ News
WSJ News· 2025-07-03 14:34
- The Vietnam deal tells us that Trump is serious about tariffs. That if there was any thought that, you know, maybe he was going to postpone, postpone, postpone, and then ultimately, except for China, countries really weren't going to face tariffs. I think we have a lot more reason to be skeptical of that potential outcome.- We have a lot of great things going, and we're getting along with countries, but some will be disappointed because they're gonna have to pay tariffs. - According to Donald Trump's post ...
X @Bloomberg
Bloomberg· 2025-07-03 13:20
As the US harms itself by turning against trade, it should spare a thought for the pain it’s inflicting on the rest of the world (via @opinion) https://t.co/UYONKeKrhO ...
X @Bloomberg
Bloomberg· 2025-07-03 06:25
India’s iPhone-manufacturing economy is booming, but China and the US are now posing major trade hurdles. In this week's India Edition, @menakadoshi looks at what Modi must do to protect the country’s Apple dream (Free read) https://t.co/ykJNTm4gTu ...
X @The Economist
The Economist· 2025-07-02 21:07
Indians fear that for all his bluster about making trade “fair”, Donald Trump’s administration is intent on winning unequal gains https://t.co/FCo0zHv3az ...
Trade deal with Vietnam: Here's the framework
CNBC Television· 2025-07-02 18:38
The other big story in Washington today, the president announcing we've struck a trade deal with Vietnam that includes a 20% tariff on their imports to the US and comes a week before that 90-day pause on many of his uh reciprocal tariffs is set to expire. Aean Javvers is at the White House with all the latest. This is probably the biggest news of the day.Aean. Yeah, Kelly. And it came by surprise here.We weren't tracking this one for today. Here are the details as we have them from the president's post earl ...
X @BBC News (World)
BBC News (World)· 2025-07-02 18:25
Trump announces US-Vietnam trade deal https://t.co/0nyjCD6QTZ ...
President Trump announces trade deal with Vietnam
CNBC Television· 2025-07-02 15:43
there on Bank of America Erika Najarian thank you for weighing in. We are getting more details here on the trade deal that the president just announced with Vietnam. Eamon Javers joins us from the white House Eamon with some new tariff rates.>> Yeah Sarah that's right. This is the first trade deal that we've seen since that deal with the UK. And the president putting out some more details here on social media just in the past couple of minutes.He says the terms are that Vietnam will pay a 20% tariff on any ...