Trump, trade deals and Tariffs
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This is now the time for negotiations,″ European Commission President Ursula von der Leyen told reporters in Brussels on Sunday.
Steep tariff rates are set to go back into effect after a 90-day pause on the April 2 rates that rocked the stock market.
The Dow, S&P 500 and Nasdaq remain volatile as trade deals and tariffs keep investors in limbo. Amazon’s Prime Day met with fierce competition as Walmart, Costco offer their own deals. Oil inches higher.
Still, some Amazon third-party sellers are sitting out this Prime Day, amid pressures from tariffs. Prime Day Deals: Shop sales in tech, home, fashion, beauty & more curated by our editors.
Finding it hard to track the latest U.S. trade policy state of play? Here's a look the deals the president has announced and the rates he's so far threatened to impose in letters to global leaders.
White House officials paused most of its country-specific tariffs in order to negotiate trade deals. “90 deals in 90 days,” they promised. The deadline has passed, but few deals have emerged. Now, Donald Trump is threatening to move forward with his tariffs.
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President Donald Trump on Saturday announced he’s levying tariffs of 30% against the European Union and Mexico.
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