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President Trump suggests new trade deals could come this week

  • President Donald Trump suggested this week could bring new trade deals amid talks with multiple countries, including Canada and China.
  • The announcement follows ongoing tariff disputes and trade negotiations designed to reverse large U.S. Deficits and secure better terms for America.
  • Trump highlighted potential $9 trillion in new capital investments tied to reshoring by companies in sectors like technology and auto manufacturing.
  • He said, "I set the deal," rejecting pressure to sign deals quickly and noting that 90-day tariff pauses limit trade negotiations' typical length.
  • The trade talks have fueled market shifts including a spike in Taiwan's dollar and uncertainty over the U.S. Dollar’s stability amid volatile global exchanges.
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The Straits TimesThe Straits Times
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US dollar’s fall in Asia stuns investors, spreads globally

There’s talk of some sort of currency accord among Asia’s central banks, says an analyst. Read more at straitstimes.com.

·Singapore
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Business Times broke the news in on Monday, May 5, 2025.
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