Tariff
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X @Bloomberg
Bloomberg· 2025-07-08 06:20
German exports sank more than anticipated in May as the value of shipments to the US plunged to their lowest level in more than three years amid Trump’s tariff threats https://t.co/JiMjFORRst ...
X @Bloomberg
Bloomberg· 2025-07-08 05:07
The EU is aiming for a framework trade deal with the US this week to lock in a 10% tariff rate -- expecting exemptions for certain key products -- beyond an Aug. 1 deadline https://t.co/n15rcSTw3E ...
X @Bloomberg
Bloomberg· 2025-07-08 02:49
Thailand remains optimistic about securing a lower tariff rate than the 36% levy announced by Trump based on an offer to bring down import tax on most US goods to zero https://t.co/GjoYHqvMRP ...
Trump meets with Netanyahu at the White House
NBC News· 2025-07-08 01:30
And a high stakes meeting between President Trump and Israeli Prime Minister Benjamin Netanyahu. It comes as the president today shifted his tariff deadline. Gabe Gutierrez is at the White House.And Gabe, the administration moving the goalpost, it seems. Yes, that's right, Tom. President Trump had paused his tariffs until July 9th.That's two days from now. Instead, the White House now says that deadline will be pushed back until August 1st. While the administration keeps trying to negotiate trade deals, Pre ...
X @Bloomberg
Bloomberg· 2025-07-08 01:20
Asia’s export-dependent economies received more time but little reprieve, as Trump shifted his tariff deadline to Aug. 1 and rounded the rates he’s set for Japan, South Korea and others https://t.co/9k8gA1vOl1 ...
X @Investopedia
Investopedia· 2025-07-07 20:30
U.S. equities declined at midday as the market waited for new tariff announcements from the White House. https://t.co/gcUGjsxJKZ ...
WH: Trump to sign executive order delaying July 9 deadline to Aug. 1
Yahoo Finance· 2025-07-07 20:04
We have these beautiful letters that the president has signed. This one is to the president of the Republic of Korea. Original signature on that.And then here we also have another letter to the prime minister of Japan as well. Both countries will be receiving a 25% tariff rate effective on August 1st. Said yesterday that countries will boomerang back to the April 2nd tariff level starting August 1st.Why did the president decide to have those tariffs not take effect Wednesday as originally scheduled. And the ...
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's Tariff Deadline Looms Over Tech
Bloomberg Technology· 2025-07-07 18:24
Trade Policy & Geopolitical Risk - The US administration is employing a "maximum pressure campaign" to extract more concessions from trading partners [1] - The delay of deadlines to August 1st suggests a need for more political wins to portray trade negotiations as successful [2] - Sectoral tariffs, particularly Section 232 investigations into semiconductors, pharma, and metals, are looming and could be more consequential than reciprocal tariffs [2][4][5] - A fragile truce exists between the US and China, centered around rare earths and export controls, but either side could disrupt it [7][9] US-China Trade Relations - The US administration desires further trade talks with China and greater market access, but China's track record suggests potential disappointment [8][11] - Washington's conciliatory moves towards Beijing may be interpreted as weakness, leading China to push for more concessions [9] - President Trump has indicated a potential additional 10% tariff in response to perceived anti-American policies from BRICS nations [5] Corporate Strategy & Re-industrialization - Companies need a China strategy that considers the long-term and the historical challenges of US-China trade negotiations [11] - The US needs a strategy on rare earths to address its dependency on China [13] - Beyond tariffs, a broader array of support strategies is needed to re-industrialize the United States [15] - The removal of green energy measures from a recent bill hinders the creation of sustainable demand for nascent rare earth projects [14]
X @Cointelegraph
Cointelegraph· 2025-07-07 17:20
🇺🇸 NEW: President Trump to impose 25% tariff on Japan and South Korea. https://t.co/pBOnbkDAe2 ...