But the Treasury secretary also said that some countries working toward agreements with the United States could have until Aug. 1.
Category: Customs (Tariff)
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Bessent Says He Expects Trade Deals by This Week’s Deadline
But the Treasury secretary also said that some countries working toward agreements with the United States could have until Aug. 1.
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China Sets Steep Duties on European Brandy but Spares Biggest Producers
Major Cognac companies made concessions to avoid the worst of the penalties, imposed by Beijing in retaliation for E.U. tariffs on Chinese electric vehicles.
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White House to Start Notifying Countries About Tariffs, Trump Says
After striking only a few trade deals since declaring a 90-day pause in April, President Trump said he would announce new duties starting Friday.
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Solid Jobs Report Keeps Fed Rate Cuts at Bay
The latest labor market data reinforces the central bank’s wait-and-see approach to lowering borrowing costs, despite pressure from President Trump.
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How Trump’s China Tariffs Are Jeopardizing America’s Fireworks Extravaganzas
The pyrotechnics industry relies heavily on Chinese fireworks imports and warns that this could be the last big bang Fourth of July.
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Trump Wants the World to Squeeze Out China. He’s Starting With Vietnam.
An initial trade deal with Vietnam offers a glimpse of how President Trump is pushing countries to cut back on trade with China.
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Hit by Trump’s Tariffs, French Clothing Maker Saint James Puts Shipping on Hold
Hit by President Trump’s tariffs, the Saint James clothing factory has put its inventory of striped shirts and sweaters intended for U.S. retailers in its warehouse in France.
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Trump Says U.S. Has Reached Trade Deal With Vietnam
The president said he had agreed to initial trade terms with Vietnam, the second country to strike a limited deal after Mr. Trump threatened steep tariffs.
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How U.S.-Japan Tariff Talks Got Stuck on Cars and Rice
Negotiations have stalled ahead of next week’s deadline, with some suggesting Japan misjudged the depth of President Trump’s frustration over Tokyo’s policies.
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Thought Markets Were Volatile in the First Half? Watch Out.
Stocks have rebounded, but the dollar is in a deep slump. Here’s what could go right (and very wrong) for investors.
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The Dollar Has Its Worst Start to a Year Since 1973
It has continued to slide even as President Trump has backed down from his tariff threats and the U.S. stock market has recovered from its losses.