Trump, tariff and countries
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Trump, Brazil and tariffs
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4hon MSN
Elizabeth Economy of the Hoover Institution says Trump's tariffs policy has been 'political gamesmanship', with no real substance at this stage.
U .S. trading partners are weighing responses after President Donald Trump’s latest action on tariffs sparked a stock market selloff Monday.
President Trump posted letters to several countries threatening a new round of tariffs if they do not reach trade deals with the U.S. by August 1. So far, the White House has revealed partial new trade frameworks with only the UK,
China warned the Trump administration on Tuesday against reigniting trade tension by restoring tariffs on its goods next month, and threatened to retaliate against nations that strike deals with the United States to cut China out of supply chains.
Sweeping tariffs set to be imposed by President Donald Trump next month may overshadow his top diplomat’s first official trip to Asia.
The letters listed a range of tariffs. Goods entering the U.S. from Japan, South Korea, Malaysia, Kazakhstan, and Tunisia will be subject to a 25 percent levy. There will be a 30 percent levy on South African and Bosnian goods, while imports from Indonesia will be subject to a 32 percent rate.
European Commission President Ursula von der Leyen said that there needed to be a “genuine rebalancing” in the China-Europe relationship.
Live updates and the latest news as the Trump administration is expected to announce new trade actions and Pete Hegseth and Benjamin Netanyahu meet