China slams Trump’s 50% copper tariffs as “arbitrary” decision
China condemns Trump’s 50% copper tariffs as arbitrary, warning the decision serves no one’s interests as trade tensions escalate between the superpowers.
Trade War
Trump insists Aug. 1 tariff deadline won’t be extended
Trump delays tariff implementation until August 1st after advisor pressure to allow time for trade deals with EU and India. Personal letters sent to countries as pressure.
Trump proposes 10% base tariff on EU with exemptions for sensitive sectors
Trump administration proposes 10% base tariff on EU products with exemptions for aircraft and alcohol, extending trade negotiations until August 1st.
Wall Street’s weak open amid Trump tariff statements
Wall Street opens lower as Trump tariff uncertainty weighs on markets. Dow Jones, Nasdaq, and S&P 500 all decline amid trade negotiation concerns.
Trump tariffs: US-EU trade deal negotiations intensify before July 9 deadline
US-EU negotiators race against time as Trump’s July 9 tariff deadline approaches, with talks ongoing for a trade deal that could protect European products from 50% tariffs.