Trump, trade deals and Tariffs
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The European Union has decided to hold off on imposing retaliatory tariffs on U.S. goods that were set to begin Monday.
BRUSSELS >> The European Union said on Sunday it would extend its suspension of countermeasures to U.S. tariffs until early August and continue to press for a negotiated settlement as U.S. President Donald Trump’s administration demanded more concessions from trading partners.
Steep tariff rates are set to go back into effect after a 90-day pause on the April 2 rates that rocked the stock market.
The Dow, S&P 500 and Nasdaq remain volatile as trade deals and tariffs keep investors in limbo. Amazon’s Prime Day met with fierce competition as Walmart, Costco offer their own deals. Oil inches higher.
Finding it hard to track the latest U.S. trade policy state of play? Here's a look the deals the president has announced and the rates he's so far threatened to impose in letters to global leaders.
White House officials paused most of its country-specific tariffs in order to negotiate trade deals. “90 deals in 90 days,” they promised. The deadline has passed, but few deals have emerged. Now, Donald Trump is threatening to move forward with his tariffs.
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President Donald Trump on Saturday announced he’s levying tariffs of 30% against the European Union and Mexico.
Economists and investors are left guessing by President Donald Trump’s tariff agenda as he grants extensions then threatens higher tariffs in letters to trading partners. It remains to be
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