Jul 28 U.S. and China trade officials meet in Sweden to discuss how to ease tensions By Jamey Keaten, Associated Press U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng are meeting at the offices of Sweden's prime minister. Continue reading
Jul 27 Watch 5:18 What to expect from the new U.S.-EU trade framework announced by Trump By Lisa Desjardins, Kaisha Young, Claire Mufson In Scotland on Sunday, Trump and the European Union announced a major trade deal between their two massive economies. The framework for the preliminary deal includes a 15% general tariff on most EU goods entering the U.S. while a 50%… Continue watching
Jul 27 WATCH: Trump and von der Leyen announce U.S.-EU trade framework By Will Weissert, Associated Press The United States and the European Union agreed on Sunday to a trade framework setting a 15% tariff on most goods, staving off — at least for now — far higher imports on both sides that might have sent shockwaves through economies around the… Continue reading
Jul 23 Watch 6:30 What the new trade deal with Japan means for U.S. businesses and consumers By William Brangham, Dan Sagalyn The U.S. and Japan announced a trade agreement that President Trump hailed as a significant victory for American companies and consumers. In return, he said the U.S. won’t impose 25% tariffs on Japan at the end of this month. William… Continue watching
Jul 23 Big 3 automakers say Trump’s tariff deal with Japan puts them at a disadvantage By Josh Boak, Alexa St. John, Associated Press U.S. automakers worry that President Donald Trump's agreement to tariff Japanese vehicles at 15% would put them at a competitive disadvantage, saying they will face steeper import taxes on steel, aluminum and parts than their competitors. Continue reading
Jul 23 U.S. stocks tick toward another record following a trade deal with Japan By Stan Choe, Associated Press The S&P 500 rose 0.3% Wednesday, coming off its latest all-time high. The Dow Jones Industrial Average added 196 points, and the Nasdaq composite gained 0.1%. Continue reading
Jul 22 Watch 12:21 How Trump’s tariffs on Asian allies impact the U.S. strategy to counter China By Nick Schifrin, Zeba Warsi President Trump says he reached a trade agreement with the Philippines following a White House visit by its president. The U.S., the Philippines and other Asian allies are increasing their cooperation to counter China, but these partners are also being… Continue watching
Jul 22 WATCH: Trump says Philippines will pay 19% tariffs in deal struck with leader Marcos By Didi Tang, Michelle L. Price, Associated Press Trump said Tuesday that the U.S. will slightly drop its tariff rate for the Philippines without paying import taxes for what it sells there. Continue reading
Jul 21 Japan’s Ishiba says he’ll stay in office to tackle rising prices and U.S. tariffs despite election loss By Mari Yamaguchi, Associated Press Ishiba's ruling Liberal Democratic Party and its junior coalition partner Komeito were short three seats to maintain a majority in the 248-seat upper house in Sunday's vote. Continue reading
Jul 18 Trump’s pivot to ‘trade not aid’ leaves African nations wary as they face tariffs and uncertainty By Farai Mutsaka, Associated Press President Donald Trump’s new Africa strategy shifts from aid to trade under a “commercial diplomacy” push, urging ambassadors to broker business deals rather than manage aid programs. Continue reading