President Trump says new unilateral tariff rates will range from 10% to 70%, as his 9th of July deadline for deals approaches.Get the latest on this and the rest of the news you need to start your morning with the Daybreak Europe Podcast: https://t.co/CjeAyHtiDo ...

FTSE 100 Live: UK Stocks Set to Dip on New Tariff Worries https://t.co/4jg3GtCphi ...

President Donald Trump says he has reached a trade deal with Vietnam.The deal includes a 40% tariff on goods deemed to be transshipped — a move that could irk China and provoke retaliation. @ngxuanquynh explains https://t.co/pKac8Uou4g https://t.co/79uPypoi2j ...

家乐福CEO Alexandre Bompard接受法媒采访时表示，每天都有零售商和分销商因中国低价商品而消失，欧盟对低价值包裹征收2欧元费用的计划不过“是个笑话”，应像统特朗普那样对这些包裹征收大额关税。Bompard敦促欧盟尽快跟进。🗒️Bompard同时也是法国商业和分销联合会（FCD）的主席。外汇交易员 (@myfxtrader):FT：欧盟计划对进入该地区的数十亿个小包裹（主要来自Temu Shein等零售商）征收统一的处理费，预计发送给消费者的商品每件收取2欧元，发往仓库收取0.5欧元。 https://t.co/JM737iLeg9 ...

President Donald Trump says he has reached a trade deal with Vietnam.The deal includes a 40% tariff on goods deemed to be transshipped — a move that could irk China and provoke retaliation. @ngxuanquynh explains https://t.co/nanYGKKurH https://t.co/3kUqOjzWcz ...

中国商务部：中方注意到美国与越南达成贸易协议的相关情况，正在开展评估。中国乐见各方通过平等磋商解决与美方经贸分歧，但坚决反对任何一方以牺牲中方利益为手段达成交易。如果出现这样的情况，将坚决予以反击。外汇交易员 (@myfxtrader):特朗普宣布，越南将对美国出口支付20%的关税，将对任何转口贸易支付40%的关税。越南市场对美国全面开放，越南将对美国商品实施零关税。#行情 耐克瞬间抹除超过3%的涨幅并短暂转跌。 ...

A new trade deal between the US and Vietnam risks provoking retaliatory steps from China as the accord includes a 40% tariff on goods deemed to be transshipped through the Southeast Asian country, according to Bloomberg Economics. https://t.co/30OXVubz0a ...

Market Trends & Trade - S&P 500 and Nasdaq hit all-time highs despite weak ADP jobs report, driven by progress on the trade front [1] - Investors are closely monitoring macro themes like trade and monetary policy [2] - A trade framework with Vietnam was announced, but the 20% tariff is higher than the 10% baseline, potentially underwhelming the market if other deals follow suit [3][9] - The consensus view is that investors are more worried about deals not happening than excited about avoiding market-tanking tariffs [9] - July 9th and August 12th are potential trigger dates for tariff-related issues, suggesting ongoing trade tensions [12][13] Portfolio Strategy & Outlook - Wells Fargo Investment Institute is focusing on quality, trimming back on consumer discretionary and industrial sectors [5] - Clients are holding cash in anticipation of a pullback or circulating it into sectors like technology [6] - The market's breadth has been poor, suggesting a potential pullback is coming relatively soon [6][7] - The institute recommends sticking with quality bonds (3-7 year intermediate part of the curve) and large-cap U S stocks (S&P 500), also U S Mid caps, while being underexposed to emerging markets and developed international markets [7] - Investors may be hesitant to hold large, long positions going into the long weekend, potentially leading to some liquidation [11][12]

Trade Negotiations & Agreements - The US is pursuing bilateral trade deals instead of multilateral ones, marking a new approach to global trade [6][7] - A trade deal with Vietnam is imminent and is considered a significant win for American farmers and manufacturers, incentivizing domestic production over routing through China [2][3] - The Vietnam deal opens up the Vietnamese market in unprecedented ways [2] - Negotiations with Japan are ongoing, with anticipated announcements before July 9th, indicating progress in trade relations [5] - The US is seeking reciprocity in trade, addressing non-tariff barriers that hinder access for US manufacturers and farmers to foreign markets [9] - The willingness of countries to lower non-tariff barriers influences the US's tariff considerations [10] Tariffs & Trade Policy - The US may impose tariffs on countries that do not present trade deals facilitating negotiations [13][14] - The specific details of export rates with Vietnam will be released in an upcoming statement [4] China Trade Relations - Negotiations with China continue regarding the framework established in Geneva and the UK [11] - The US is urging China to accelerate access to rare earth magnets, as agreed upon in previous negotiations [11]

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 ...