Philadelphia Phillies, All-Star and Trade Deals
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The president is deploying the word “deal” liberally, using the term to describe all kinds of trade arrangements, some very limited or one-sided.
The president wants us to believe that “trade deals” and “failing to reach trade deals” mean the same thing, which is every bit as bonkers as it seems.
President Donald Trump and his advisers promised a lightning round of global trade negotiations with dozens of countries back in April.
President Donald Trump’s threat to impose new tariffs on India over its participation in the BRICS forum puts New Delhi in a tough position as it races to finalize a favorable trade deal with the US.
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President Trump is failing to make 90 trade deals in 90 days as his administration predicted. Also, Treasury Secretary Bessent is breaking norms by publicly criticizing the Federal Reserve. MSNBC Host Catherine Rampell,
President Trump will soon issue 15 to 20 more letters to world leaders informing them of the tariff rate that will be applied to imports from their countries starting on Aug. 1, Commerce Secretary Howard Lutnick said on Tuesday.
19hon MSN
Wall Street was relatively quiet with major indexes ticking up modestly as the Trump administration seeks to win more favorable deals with global trading partners.
German Chancellor Friedrich Merz is optimistic that the European Union can agree a trade deal with the United States by the end of this month at the latest, he told lawmakers on Wednesday.
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.
The European Union is still hoping for a rough outline of a deal, even after President Trump talked about sending the bloc a letter outlining tariffs that would be imposed Aug. 1.