Vietnam, Donald Trump and tariff
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Trump, Tariff and This Week
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President Donald Trump this week extended his “Liberation Day” tariff pause again and sent nearly a half dozen letters to trading partners announcing new tariff rates for their countries. The higher tariffs would kick in on Aug.
1hon MSN
President Donald Trump has managed to make his erratic trade policies even more baffling to countries desperate to negotiate an escape from his wrath. Doubling down on his
The president’s supporters portray him as a top dealmaker. But, at least for now, far more trading partners have gotten stiff tariffs than trade deals.
Economists and industry insiders are preparing for the possibility of pricier coffee in the coming months, a possible consequence of President Donald Trump threatening to impose a 50% tariff on imports from Brazil.
9hon MSN
India may secure a strategic edge over regional rivals as the Trump administration considers a trade pact slashing proposed tariffs below 20 per cent. Unlike many nations facing sharp hikes, India is unlikely to receive a formal tariff notice ahead of the August 1 deadline.
13hon MSN
SAO PAULO (AP) — President Donald Trump’s threat to boost import taxes by 50% on Brazilian goods could drive up the cost of breakfast in the United States. The prices of coffee and orange juice — two staples of the American morning diet — could be severely impacted if there’s no agreement by Aug. 1.
Blunt letters dictating terms posted to social media and changes late in negotiations have left trading partners wondering what President Trump will do next.
The new tariffs are effective Aug. 1. If the court sides against Trump, it may trigger tariff rebates for major importers and inject uncertainty into the administration’s projected tariff revenue used to fund the tax cuts in the recently passed U.S. budget bill.