Trade Turbulence: Commodities Ride Volatile Waves Amid Tariff Strikes
UNITED STATES, AUG 2 – The White House aims to reduce the trade deficit by recalibrating tariffs, expecting a 3-5% export increase and a manufacturing output rise to 108 index points, officials said.
7 Articles
7 Articles
Trump trade adviser pledges tariffs ‘pretty much set’ as several countries scramble for deals
President Trump's newly unveiled tariff rates are unlikely to change much, his trade adviser and National Economic Council declared, while downplaying the risk of market turmoil.
Trade Turbulence: Commodities Ride Volatile Waves Amid Tariff Strikes
Trade Turbulence: Commodities Ride Volatile Waves Amid Tariff Strikes The global commodity markets faced pronounced volatility last week, as base metal prices, particularly copper, plummeted nearly 2%, contradicting the 1% surge in gold prices. The turmoil followed U.S. President Donald Trump's imposition of a 25% tariff on numerous Indian goods, igniting renewed fears of a trade war.Trump's tariff actions, especially on semi-finished copper goo…
The new trade colonialism
On August 1, as the clock struck midnight Eastern Time, a new era in global trade was inaugurated — one that might be remembered not for its reciprocity or fairness, but for the brute leverage of American power. With the rollout of sweeping new reciprocal tariffs under President Donald Trump’s so-called “Liberation Day” strategy, dozens of nations were forced into last-minute trade deals that, beneath the surface, bear a striking resemblance to …
Trump trade adviser: Trump's tariff rates 'pretty much set'
U.S. Trade Representative Jamieson Greer said in an interview set to air Sunday that President Trump’s newly announced tariff rates are “pretty much set” and the public should not expect them to come down in the near future. “I don't, I don't think they will be in the coming days,” Greer said on…
Despite Trump, the US economy remains surprisingly resilient. But for how long?
Thanks to stockpiling neither the markets nor consumers have been as badly affected by the trade wars as feared. But signs of trouble are looming Chaotic and unpredictable, keeping up with Donald Trump’s volatile trade war – never mind his presidency – can be tough. Back in April after his “Liberation Day” tariff announcement, the talk was of the president crashing the global economy. Then, after a Wall Street backlash, the world learned the acr…
How Revamping Reciprocal Tariff Rates Could Impact Trade and Your Wallet
The White House has announced plans to further modify reciprocal tariff rates, signaling a strategic shift in U.S. trade policy amid evolving global economic dynamics. This latest move aims to recalibrate the balance of international trade by adjusting duties in response to ongoing negotiations and market developments. As the administration seeks to bolster American industries [...]
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