US EditionTrump's Tariff Deadline Arrives
UNITED STATES, AUG 1 – Trump imposes 50 percent tariffs on Brazilian goods despite a $284 million US trade surplus in 2024, triggering protests in Brazil, South Korea, and India ahead of the August 1 deadline.
8 Articles
8 Articles
Trump's tariff deadline arrives
WASHINGTON (NEXSTAR) - President Donald Trump's August 1st trade deadline is here and now the U.S. is gearing up to impose sharper tariffs starting August 7th on dozens of countries that haven't struck a deal. Lawmakers on Capitol Hill say the move is sparking a fresh round of economic uncertainty and questions about what comes next. "Well, they have to pay a fair rate, that's all. It's very simple,” said Trump. Tariff rates could jump to 35% fo…
On August 12, a Trump deadline for China ends – at the same time weakening economic data and threatening new punitive tariffs. Experts warn against turbulent markets in August.
By Sarah Qureshi and Noel John July 31 (Reuters) - Gold prices rose on Thursday as traders turned to its value as a safe haven amid tariff uncertainty ahead of U.S. President Donald Trump's August 1 deadline to end negotiations. Spot gold gained 0.7% to $3,296.46 an ounce by 1647 GMT, after touching a peak of $3,314.65 earlier in the session. U.S. gold futures fell 0.2% to $3,294.
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