US EditionTrump Confirms U.S. Tariffs to Start when July 9 Deadline Arrives
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Trump confirms U.S. tariffs to start when July 9 deadline arrives
American tariffs on dozens of countries will come into effect next Wednesday as scheduled, although several deals could still be worked out before then, President Donald Trump confirmed Friday.
July 9th is the deadline for countries to reach trade agreements with the US, threatening Trump with 70% tariffs if they do not materialize.
Next week is the deadline for US President Donald Trump to delay his own 50% tariff on all imports from the European Union (EU). Trade talks between Washington and Brussels are not yet over, but Trump has already announced that the higher tariffs will take effect in August.
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Week in review: Strictly risk-on Markets, Non-Farm Payrolls beat & US Deals This week was heavily focused around the US with Indices hitting almost daily all-time highs in a stringent euphoric mood, with markets turning from War fears back to “TACO” trades, bullish on global economic outlook. One thing to note is that asset managers are increasingly more bullish on stocks and market mood maybe a bit too euphoric, which may pull positioning too f…
Trump Proposes New Tariffs Ahead of July Deadline - Blockchain & Cryptocurrencies Tabloid
Donald Trump plans to impose tariffs up to 70% by July 9, impacting global markets and increasing U.S. consumer prices. The post Trump Proposes New Tariffs Ahead of July Deadline appeared first on Blockchain & Cryptocurrencies Tabloid.
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