President Trump's global tariff plan boosts the average US rate on imports from around the world. This week's Singapore Edition newsletter takes a closer look at the impact on Southeast Asia https://t.co/blf54BUXvE ...

Trade Policy & Tariffs - The US is transforming the global trading system by implementing new tariff policies that affect trade with every country and for every product [2] - The president aims for tariffs to land between 10% and 25% for most importers, with Southeast Asia around 20%, major trading partners around 15%, and some outliers reaching 30% to 40% [3][4] - The US has eliminated tariff-free treatment (diminimous) for shipments under $800 from all countries, impacting small and medium-sized enterprises [8][9][10] Regional Trade Dynamics - Trading partners are splitting into regional blocks by geography and economy size, aligning with the administration's expected outcome [6] - Some major trading partners, including the European Union, Japan, and South Korea, have agreed to the new trade terms [11] - Switzerland has a tariff rate of 39%, significantly higher than the 15% for Liechtenstein, Iceland, and the European Union, suggesting a potential adjustment [6] US Trade Strategy - The president's actions aim to rebalance trade relationships, addressing the perception that trade benefits other countries more than the US [11][12] - The administration believes these changes will provide importers and investors with more certainty regarding the president's trade direction [3]

Many countries are still missing the “rules of origin” details necessary to determine what good could get hit with Trump's 40%"transshippment" tariff penalty https://t.co/vEEL5j5YkQ ...

Trump will impose a 19% tariff on exports from Malaysia to the US, a lower rate than the 25% levy he threatened earlier https://t.co/t5ozKHkuKf ...

Apple projects tariff costs will hit $1.1B next quarter | TechCrunch https://t.co/hfVZLC51r5 ...

Options traders who bet the Trump administration would renege on its promise to tariff raw copper imports are cashing in big https://t.co/1Xd2hi1r4F ...

Back to Steve Kobach who's got more from Apple. Steve, hey there, Mel. Yeah, we I was just listening to the earnings call and Tim Cook gave us some more color on the tariff impact for Apple.So for the June quarter and they it was an $800 million in tariff related costs. They said they had originally guided towards 900 million. So a little bit better than expected.As for the September quarter, it's going to go up. They're uh now expecting $1.1% billion dollar in uh tariff related costs. Uh warning that this ...

Copper traders are rushing to book up storage space in a bet that Trump’s shock decision not to tariff the main traded form of the metal will prompt a wave of copper into warehouses on the London Metal Exchange https://t.co/beYWbztozr ...

President Donald Trump says India will pay a tariff of 25% starting on Friday. In a post on Truth Social, he wrote, "While India is our friend, we have done relatively little business with them because their tariffs are far too high." Trump also suggesting he would add an additional penalty due to India buying Russian. ...

Trade & Geopolitics - The US is extending punitive tariff threats beyond trade into areas like war and energy supplies [1] - The US is increasing pressure on countries to comply with its demands on various issues [1]