We're probably two days off from sending them a letter. The European Union has been speaking to us, Ursula and the whole group, and they've been very nice. They were among the toughest to deal with.Actually, in many respects, they were much worse than China. They're very tough. And uh we'll see what happens.We're probably two days off from sending them a letter. We are talking to them. A letter means a. ...

South Africa’s National Treasury is worried that the US’s proposed 30% tariff could hit tax revenues and is modeling the impact it may have on the nation’s budget https://t.co/Tm8Ok8fPXr ...

Trade Negotiations & Tariff Policies - The US government is setting tariff lines for key countries, with rates going into effect on August 1st [1] - The President is balancing trade deficits with countries opening their markets, potentially cutting rates for those who offer greater access [1] - The US government may impose tariffs on countries that don't significantly open their markets [2] Specific Sectors & Commodities - A 50% tariff on copper is planned to bring copper production back to America, similar to steel and aluminum [4] - Studies on pharmaceuticals and semiconductors are being completed, with potential high tariffs for those not building in America [5][6] - China has agreed to approve licenses on rare earth magnets, leading to the removal of US countermeasures [10] US-China Trade Relations - The US has settled with a 30% or 55% increased tariff on much of China [9] - The US and China are planning to start a bigger trade conversation in early August [11][12]

Megan Cassella is in Washington with the latest. And Megan, he's continuing to make some headlines on the tariff front. What can you tell us.Absolutely, Kelly. A lot of talk about trade in this meeting, which has gone for over an hour now meeting with his cabinet. And there the biggest news we've gotten so far on the trade front is the president appearing to announce a few minutes ago that he will be imposing a new 50% tariff on all imports of copper.Take a listen. So, we're going to be announcing pharmaceu ...

Copper futures on the Comex surged as much as 17% after US President Donald Trump said he planned to implement a 50% tariff on imports of the metal https://t.co/aMQJ6SMaBK ...

Trade Deals & Tariffs - Numerous trade deals are expected, favoring the US [1] - The US is adopting a tougher stance, leading countries to offer better terms [2] - Some countries are offering total access with no tariffs [3] - The US aims to collect money from countries perceived as taking advantage [4] BRICS & Dollar Standard - A 10% tariff may be imposed on BRICS member countries [5][6] - BRICS is viewed as a potential threat to the US dollar's dominance [5][7] - The US intends to maintain the dollar as the world standard [7][8][9] - Losing the dollar's world standard status is equated to losing a major war [8]

From @WSJopinion: Trump sure knows how to spoil an economic mood. Three days after he signed the GOP’s big budget bill, saving the economy from a scheduled $4.5 trillion tax increase, the President was back playing the role of Tariff Man. https://t.co/wwUyGI686K ...

President Trump said he's sticking to his Aug. 1 date to impose so-called reciprocal tariff rates on many U.S. trading partners, a day after sending letters to various countries warning them of the levies. Trump said further letters will be sent. https://t.co/JPkw9JE99Z ...

Tariff Delay Leads to Market Reprieve - Bloomberg Surveillance https://t.co/kIf5N1xbhW ...

NO PRICE ACTION THIS MORNING. S&P POSITIVE BY -- AND THE NASDAQ 100 POSITIVE BY BY .1%. THE PRESIDENT WILL SIGN AN EXECUTIVE ORDER DELAYING THE JULY 9 DEADLINE TO AUGUST 1, SO THE RECIPROCAL TARIFF RATE THAT WILL BE PROVIDED IN THIS CORRESPONDENCE TO FOREIGN LEADERS.CORRECT. THERE WILL BE ADDITIONAL LETTERS. HE IS LOOKING AT THE MAP AND EVERY COUNTRY ON THE PLANET AND SEEING WHERE THEY ARE RIPPING OFF THE AMERICAN PEOPLE.JONATHAN: THE WHITE HOUSE CONFIRMING THAT PRESIDENT TRUMP DELAYED INCREASING DUTIES ON ...