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Bessent, Greer and I may meet with China on trade in early August: Howard Lutnick
CNBC Television· 2025-07-08 18:39
There's all there's also, Mr.. Secretary, more of a conversation now built around the European Union. Our own Sylvia Maro out in Europe was speaking to some of the top diplomats out there and she had made at least reference to this idea that they are saying progress is being made, that there's there's still a ways to go, but that there might actually be carveouts or certain concessions there as you work towards an overarching trade deal with the European Union. Can you take us through how you feel those neg ...
Trump's new tariff rates, S&P targets raised, Tesla rebounds: Morning Brief
Yahoo Finance· 2025-07-08 17:09
Welcome to Yahoo Finance's flagship show, The Morning Brief. I'm Julie Hyman. Let's get to the three things you need to know today.First up, US stock futures wavering a bit after selling off on Monday with trade front and center. Investor concern easing slightly today after President Trump delayed increased tariffs until August 1st. But he also sent a wave of letters again threatening key trading partners, mostly in Asia, with high tariff rates.Meanwhile, the European Union is seeking to close a preliminary ...
X @Bloomberg
Bloomberg· 2025-07-08 16:04
Tensions between the European Union and China are simmering ahead of a key summit, with the two economic giants scrapping over trade and security: Here's your Evening Briefing https://t.co/bVZPy36tgL ...
Trump: August 1st tariff deadline won't change and no extensions will be granted
CNBC Television· 2025-07-08 15:25
Trade Policy & Deadlines - The President has set a firm deadline of August 1st for country-specific tariffs to take effect, with no extensions granted [2] - This deadline is intended to be unchangeable, despite previous indications of flexibility [3][4] - Tariff rates could potentially fluctuate based on ongoing negotiations [4] Trade Negotiations & Partners - Trade negotiations involve multiple countries, including Japan, the EU, and India, with varying degrees of progress [7][8] - Japan and the EU are perceived as particularly tough negotiators [8] - Smaller deals with countries like Thailand, Malaysia, or Cambodia might be reached sooner [9] - The White House is prioritizing negotiations with the largest trading partners, which are also the most challenging [9] Cabinet Meeting Focus - The cabinet meeting will address the impact of the President's mega bill on each department [6] - Updates on trade negotiations are expected from the Treasury Secretary, Commerce Secretary, and the US Trade Representative [5]
X @The Wall Street Journal
President Trump’s latest salvo on trade gives U.S. allies three weeks to persuade Washington to relax tariffs that would be costly for their export-dependent economies https://t.co/jEg6YdFgwI ...
X @Bloomberg
Bloomberg· 2025-07-08 09:18
Countries across Asia are rushing to agree better trade terms with their US ally after US President Donald Trump shifted his tariff deadline to Aug. 1: Here is your Evening Briefing. https://t.co/F8ecu4Z85Z ...
X @Bloomberg
Bloomberg· 2025-07-08 09:12
The EU increasingly trades with autocrats and dictators, according to research published by the ECB https://t.co/KQdhlkPEmv ...
X @Bloomberg
Bloomberg· 2025-07-08 03:42
The surprise US decision to raise its threatened tariff on Malaysia to 25% means trade will almost certainly dominate the interest rate decision on Wednesday https://t.co/SmQXgR1ELr ...
White House Says Trump Will Extend ‘Reciprocal’ Tariff Deadline to Aug. 1 | WSJ News
WSJ News· 2025-07-07 19:30
Good afternoon everyone. We saw the letters the president sent out on Japan and South Korea, but if any other major US trading partners are getting letters today. Sure.Yes, I can confirm. In fact, I have those letters. If you could get me the folder with the letters in them, Liz, they're right in the previous office.Um, I have the signed letters that went out to both South Korea and Japan today. Um and there will be approximately 12 other countries that will receive uh notifications and letters directly fro ...
Trump Unveils Tariffs Ranging From 25% to 40%
Bloomberg Television· 2025-07-07 19:07
We're continuing to get headlines, updates on everything related to trade as the U.S. does get toward that July 9th deadline that is set to be extended to August 1st for tariffs. Some headlines that we're just getting in the last few minutes, the U.S. will impose 25% tariff on imports from Kazakhstan, 40% tariffs on Laos imports. Malaysia will see 25% tariffs on Malaysian products, South Africa, 30% tariffs on their products.This comes after earlier this afternoon we heard from the president who said that t ...