Trump, Tariffs and trade deficits
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The playbook for Donald Trump's presidency is becoming clearer, analysts said this week, revising their investment ideas for Trump's second term.
The United States is very close to a trade deal with India, while an agreement could possibly be reached with Europe as well, but it is too soon to say whether a deal can be agreed with Canada, President Donald Trump said in an interview aired on Real America's Voice on Wednesday.
The European Union is racing to clinch an agreement with the Americans before tariffs kick in on Aug. 1, even as President Trump has signaled he is in no rush.
The president wants tariffs, the higher the better. Whether that is achieved unilaterally or via deals is secondary.
Swedish engineering group Trelleborg missed market forecasts for second-quarter core earnings on Thursday, as U.S. President Donald Trump's trade war made customers cautious to place new orders, although it said business activity improved towards the end of the quarter.
China accounted for 5.89% of all U.S. trade in May, its lowest percentage in decades. Trump’s tariffs or trade trickery? It’s hard to dispute it’s a remarkable shift.
Swiss officials approved the draft of a framework trade deal with the US almost two weeks ago, and are continuing talks while awaiting sign off from President Donald Trump, according to the government.
Trump called on Texas Republicans to gerrymander their districts. Senate Republicans rallied behind turning DOGE cuts into law. This week: The Senate appears likely to approve almost $9 billion in cuts to foreign aid and public broadcasting after removing from the package cuts to an HIV/AIDS program.