Trump’s Japan Trade Deal
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Commerce Secretary Howard Lutnick expressed confidence Sunday that the Trump administration will cut trade deals with key U.S. trading partners in the coming weeks — before steep tariffs kick in for dozens of countries.
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Deals under discussion with EU and Eurasian groupings as US set to impose 19 per cent tariff from Aug 1. Read more at straitstimes.com. Read more at straitstimes.com.
Trump’s so-called reciprocal tariffs are scheduled to go into effect on August 1 after a 90-day delay—just as American families begin back-to-school shopping—and could hike up the cost of consumer goods imported from other countries.
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Conservative economist Jessica Riedl discusses the impact of Trump’s tariffs and trade deals, the cost of his tax cuts, and potential entitlement reforms. She assesses the Republican Party’s shift toward populism and the threat posed by rising debt.
He’s a wheeler-dealer, our president, needless to say, and he’s kind of cutting these deals — but he has scared these people, and he’s leveraged American bargaining
Some big companies are reporting real financial pain from tariffs and economic uncertainty — but for others, business is booming.
President Trump told reporters this week that he is considering a tariff rebate check. Here’s what he said and what we know.
1don MSN
President Donald Trump said on Wednesday that "we'll have a straight, simple tariff of anywhere between 15% and 50%." Hiking the baseline reciprocal tariff rate to 15 percent means a 50 percent higher tax on American manufacturers and consumers than Trump originally promised.
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