President Trump on Wednesday said he had reached a trade deal with Vietnam, one week ahead of a July 9 deadline for tariffs to snap back to higher levels for US partners. Trump said Vietnam’s goods imported to the US would face a 20% tariff, lower than the 46% tariff he had levied as part…
President Donald Trump has announced the signing of a deal with China and hinted at an upcoming ‘great deal’ with India. This follows rocky trade relations and tariff impositions by the Trump administration. A bilateral trade agreement between India and the US is expected to be signed during Trump’s potential visit to India for the…
US President Donald Trump on Thursday (May 8) unveiled a preliminary trade agreement with the United Kingdom framed as a historic breakthrough.Trump told reporters in the Oval Office, “The final details are being written up,” as he praised the deal for boosting American ethanol and beef exports while retaining a baseline 10 per cent tariff…
WASHINGTON — A trade deal with the United Kingdom announced by the White House on Thursday marked the first of its kind since President Trump launched sweeping global tariffs last month, offering a glimpse into the Trump administration’s negotiating strategy as it seeks to reset terms with trading partners around the world. The agreement, hailed by Trump…
WASHINGTON — The United States and Britain are expected to announce a trade deal on Thursday that will lower the burden of President Trump’s sweeping tariffs and deliver a political victory for U.K. Prime Minister Keir Starmer. Trump posted on his Truth Social platform that a deal due to be announced at 7 a.m. Pacific will be…
Asian and European markets mostly rose Thursday ahead of weekend tariff talks between China and the United States, with London boosted by reports that a “major trade deal” flagged by Donald Trump was with Britain.After the fireworks sparked by the US president’s “Liberation Day” on April 2, markets have enjoyed a period of calm in…
Chipotle (CMG) After a rocky earnings report announcing that Chipotle missed the mark while lowering expectations for the year, Chipotle stock sank in after-hours trading. The fast food giant reported earnings of 29 cents per share and revenue of $2.88 billion falling short of the $2.94 billion analysts were looking for. The company’s stock dropped…
WASHINGTON (AP) — U.S. Treasury Secretary Scott Bessent said in a Tuesday speech that the ongoing tariffs showdown against China is unsustainable and expects a “de-escalation” in the trade war between the world’s two largest economies. But in a private speech in Washington for JPMorgan Chase, Bessent also cautioned that talks between the United States…
President Donald Trump on Thursday expressed confidence that the United States would reach a trade agreement with China, even as tensions between the two countries remain high and there is no clarity on when talks might resume. “Oh we’re going to make a deal,” Trump said from the White House in response to a reporter’s…
Donald Trump says the US will strike a “very good” trade deal with China, as both countries remain locked in a tariff war. Several Asian countries have started negotiations with the US over his levy policy but despite facing the highest tariffs China has not. A White House website page states that some Chinese goods…