Trump, Tariffs and the deals
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At the conclusion of his first 100 days in office in late April, President Donald Trump made a stunning statement about his progress on tariff negotiations: He had completed trade deals with 200 countries.
Less than half of Trump 2024 voters, 46%, said they would support tariffs on China — one of America’s biggest trading partners — even if they lead to rising prices domestically. Around a third, 32%, said they would only support tariffs if they do not increase prices.
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NDTV Profit on MSNIndia US Trade Deal Live: Is Official Announcement On Cards? Trump's Indonesia Pact Fuels BuzzIndia has revised its proposal to impose retaliatory duties under the World Trade Organisation norms against the US over American tariffs on steel and aluminium in view of the further hike in duty by the Trump administration.
Without a means of enforcing bilateral trade agreements, Trump could simply change the terms of any deal down the road. The answer is to kick the U.S. out of the World Trade Organization, argues professor Kristen Hopewell.
Law allows investors in startups to sell more of their holdings early without paying capital-gains taxes.
US inflation heated back up in June, rising to its highest level in four months, as price increases — including those from tariffs — packed a bigger punch.
US stocks are little changed as investors shrug off more tariff threats from Trump. Investors await inflation data and earnings for direction.