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X @The Wall Street Journal
The U.S. and Vietnam have struck a tariff deal that will see American goods enter the country duty-free, President Trump announced Wednesday https://t.co/vQMsBBtmUr ...
Trump announces new trade framework for trade deal with Vietnam
CNBC Television· 2025-07-02 16:03
Breaking news from the White House this morning announcing a new trade framework with Vietnam. Let's get to Aean Jabvers with the details. So, what do we know, Aean.Sarah, well, we don't have any official confirmation in terms of documentation, legal uh documents, that sort of thing. Uh what we do have uh is the president's social media post, and what he says there uh is that the tariff rate on Vietnam is now going to go to 20%. Uh they're going to have a 40% tariff on what they call trans shipments.That's ...
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 ...
Vietnam to Pay 20% Tariff on Exports to US, Trump Says
Bloomberg Television· 2025-07-02 15:29
President Donald Trump says the US reached a trade deal with Vietnam after weeks of intense talks. A 20% tariff will be placed on Vietnamese exports to the US, with a 40% levy on any goods deemed to be transshipped through the country, Trump said in a social-media post on Wednesday. Trump said that Vietnam had agreed to drop all levies on US imports. Bloomberg's Kailey Leinz has the breaking news from Washington on "Bloomberg Open Interest." -------- More on Bloomberg Television and Markets Like this video? ...
X @Bloomberg
Bloomberg· 2025-07-01 23:32
Market Sentiment - Asian equities may not experience the typical seasonal lift in July due to tariff and macroeconomic concerns dampening sentiment [1] Economic Factors - Tariff and macroeconomic concerns are negatively impacting market sentiment [1]
X @Bloomberg
Bloomberg· 2025-07-01 12:20
The European Union is willing to accept a trade arrangement with the US that includes a 10% universal tariff.Get this and the rest of the news you need to start your morning with the Daybreak Europe Podcast: https://t.co/G8mD316H5d ...
X @Bloomberg
Bloomberg· 2025-07-01 11:23
CEO spends 1.83 Million Amex points to pay surprise tariff bill https://t.co/OXBlI2MnGe ...
X @Bloomberg
Bloomberg· 2025-07-01 07:52
Swiss manufacturing rose much more than anticipated in June, reflecting hope that a solution to the ongoing tariff spat with the US can be found as the July 9 deadline looms https://t.co/2hP4wYEnHM ...
EU Prepared to Accept Trump Universal Tariff, Seeks Key Exemptions
Bloomberg Television· 2025-07-01 05:34
Where do these negotiations stand. What is the EU specifically willing to accept and on what terms. Yeah, so now they're sort of dawning to this realization that basically this flat tariff, this 10% that the Trump administration has been talking about is basically something that is non-negotiable, which I think for many people was something that was actually pretty clear quite early on in these conversations.Now, it seems that the Europeans have accepted this and are saying, okay, we're going to we're going ...
'Fraud upon the American people': Trump officials claim spending bill will lower deficit
MSNBC· 2025-07-01 05:33
Fiscal Policy & Economic Impact - The Trump administration's spending bill is projected to increase the US deficit by $33 trillion [1] - White House officials claim the bill will protect and strengthen Medicaid for the needy, pregnant women, children, and sick Americans [2] - The administration projects 3% growth from the bill, adding $4 trillion to revenue, positioning it as a deficit reducer [2] - Economists criticize the GOP for using "accounting creative writing" to mask the $4 trillion cost of the tax bill [3] - The White House Council of Economic Advisers believes the bill will reduce the national debt, a claim considered absurd by some economists [8] Market & Investor Sentiment - Despite concerns about US debt, the stock market initially reacted positively to the bill [10] - The bond market is less enthusiastic than the stock market, and the dollar has performed poorly against other currencies [11] - Some believe the stock market's optimism is fueled by hopes that AI will change the world [11] Trade & Tariffs - Negotiations are slowing because President Trump threatens to impose more tariffs even after a deal [12] - No one has permission to make actual deals for the United States except for the president [13] - Imposing new tariffs upsets the apple cart and restarts negotiations from scratch [14] - The president could tear up trade agreements and demand new ones, undermining commitment [15] Immigration & Labor - The Trump administration is rethinking deportation policies for migrants working in industries like hospitality and agriculture [17] - The administration is considering a temporary pass for farm workers where farmers can have some control [18] - Uncertainty around immigration policies makes it difficult for farmers and hospitality companies to plan, as workers may not show up due to fear of ICE [22]