Trade Relations - The US is considering "substantially raising" tariffs on Indian exports [1] Geopolitics - The tariff increase is in response to New Delhi's purchases of Russian oil [1]

Fast-moving quantitative funds that are meant to flourish in tough markets but, with President Trump’s tariff moves convulsing markets, they are under pressure https://t.co/jsnJWFoog1 ...

For the June quarter, we incurred approximately $800 million of tariff related costs. For the September quarter, assuming the current global tariff rates, policies, and applications do not change for the balance of the quarter and no new tariffs are added, we estimate the impact to add about 1.1% billion to our costs. This estimate should not be used to make projections for future quarters as there are many factors that could change including tariff rates. ...

President Trump's global tariff plan boosts the average US rate on imports from around the world. This week's Singapore Edition newsletter takes a closer look at the impact on Southeast Asia https://t.co/blf54BUXvE ...

Trade Policy & Tariffs - The US is transforming the global trading system by implementing new tariff policies that affect trade with every country and for every product [2] - The president aims for tariffs to land between 10% and 25% for most importers, with Southeast Asia around 20%, major trading partners around 15%, and some outliers reaching 30% to 40% [3][4] - The US has eliminated tariff-free treatment (diminimous) for shipments under $800 from all countries, impacting small and medium-sized enterprises [8][9][10] Regional Trade Dynamics - Trading partners are splitting into regional blocks by geography and economy size, aligning with the administration's expected outcome [6] - Some major trading partners, including the European Union, Japan, and South Korea, have agreed to the new trade terms [11] - Switzerland has a tariff rate of 39%, significantly higher than the 15% for Liechtenstein, Iceland, and the European Union, suggesting a potential adjustment [6] US Trade Strategy - The president's actions aim to rebalance trade relationships, addressing the perception that trade benefits other countries more than the US [11][12] - The administration believes these changes will provide importers and investors with more certainty regarding the president's trade direction [3]

Many countries are still missing the “rules of origin” details necessary to determine what good could get hit with Trump's 40%"transshippment" tariff penalty https://t.co/vEEL5j5YkQ ...

Trump will impose a 19% tariff on exports from Malaysia to the US, a lower rate than the 25% levy he threatened earlier https://t.co/t5ozKHkuKf ...

Apple projects tariff costs will hit $1.1B next quarter | TechCrunch https://t.co/hfVZLC51r5 ...

Options traders who bet the Trump administration would renege on its promise to tariff raw copper imports are cashing in big https://t.co/1Xd2hi1r4F ...

Back to Steve Kobach who's got more from Apple. Steve, hey there, Mel. Yeah, we I was just listening to the earnings call and Tim Cook gave us some more color on the tariff impact for Apple.So for the June quarter and they it was an $800 million in tariff related costs. They said they had originally guided towards 900 million. So a little bit better than expected.As for the September quarter, it's going to go up. They're uh now expecting $1.1% billion dollar in uh tariff related costs. Uh warning that this ...