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Trump’s Landmark Trade Deals Reshape Global Economy Amid Growth Concerns

Trump’s Landmark Trade Deals Reshape Global Economy Amid Growth Concerns

Trump’s Landmark Trade Deals Reshape Global Economy Amid Growth Concerns President Donald Trump’s protectionist trade agenda is rapidly reshaping the global economic landscape, with the United States recently securing significant framework agreements with the European Union and Japan. These deals see major trading partners accepting 15% U.S. tariffs on most goods, fulfilling Trump’s long-held belief in protectionism and aiming to boost American economic interests. The EU agreement, announced Sunday, includes commitments for the bloc to purchase $750 billion in U.S….

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US, Japan Seal Landmark Trade Deal, Tariffs Cut to 15%

US, Japan Seal Landmark Trade Deal, Tariffs Cut to 15%

US, Japan Seal Landmark Trade Deal, Tariffs Cut to 15% WASHINGTON/TOKYO – The United States and Japan have successfully concluded a major trade agreement, significantly reducing threatened auto and “reciprocal” tariffs from 25% to 15%. This landmark deal, finalized today, culminates months of intense negotiations and comes just ahead of an August 1 deadline. U.S. President Donald Trump, writing on Truth Social, lauded the pact as “a massive Deal with Japan, perhaps the largest Deal ever made.” Japanese Prime Minister…

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Trump Imposes Sweeping 30% Tariffs on EU, Mexico Starting August 1, Escalating Global Trade Tensions

Trump Imposes Sweeping 30% Tariffs on EU, Mexico Starting August 1, Escalating Global Trade Tensions

Trump Imposes Sweeping 30% Tariffs on EU, Mexico Starting August 1, Escalating Global Trade Tensions President Donald Trump has announced the imposition of 30% tariffs on goods from the European Union and Mexico, effective August 1. This significant move, communicated via letters posted on his social media, marks a major escalation in global trade policy and aligns with his administration’s stated goal of rebalancing international commerce. The tariffs are a cornerstone of Trump’s economic agenda, which he claims will revitalize…

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Trump’s 50% Copper Tariffs Send Prices Soaring to Record Highs

Trump’s 50% Copper Tariffs Send Prices Soaring to Record Highs

Trump’s 50% Copper Tariffs Send Prices Soaring to Record Highs Copper prices in the U.S. surged to an unprecedented all-time high this Tuesday following President Donald Trump’s announcement of a 50% tariff on copper imports. The move, aimed at bolstering national security and economic stability, triggered intraday spikes not witnessed in nearly four decades, causing significant market volatility. During a Cabinet meeting, President Trump confirmed the impending tariffs, which Commerce Secretary Howard Lutnick indicated would likely be implemented by the…

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Trump Declares Major Tariffs on Copper and Pharmaceuticals, Sending Markets Reeling

Trump Declares Major Tariffs on Copper and Pharmaceuticals, Sending Markets Reeling

Trump Declares Major Tariffs on Copper and Pharmaceuticals, Sending Markets Reeling President Donald Trump has announced a sweeping new 50% tariff on all copper imported into the United States, a move that immediately sent copper prices surging to all-time highs. Speaking at a Cabinet meeting on Tuesday, President Trump confirmed the significant levy, though the exact implementation timeline remains unclear. This marks the fourth broad tariff imposed by the Trump administration during its second term, following existing duties on imported…

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Trump Administration’s Tariff Escalation and Global Trade Tensions: A 2025 Retrospective

Trump Administration’s Tariff Escalation and Global Trade Tensions: A 2025 Retrospective

Trump Administration’s Tariff Escalation and Global Trade Tensions: A 2025 Retrospective In a significant move that reverberated across global markets, then-President Donald Trump initiated a wave of new tariffs, impacting a growing list of trading partners. On a pivotal Monday, Trump dispatched letters to the leaders of numerous countries, informing them of revised, often higher, tariff rates. Simultaneously, he signed an executive action pushing back the implementation date for most ‘reciprocal’ tariffs, excluding those on China, to August 1. This…

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BRICS Nations Rebuff Donald Trump’s Renewed Tariff Threats

BRICS Nations Rebuff Donald Trump’s Renewed Tariff Threats

BRICS Nations Rebuff Donald Trump’s Renewed Tariff Threats The BRICS group of nations—Brazil, Russia, India, China, and South Africa—has vehemently rejected renewed tariff threats from Donald Trump, signaling a potential new front in global trade disputes. Trump, a key figure in U.S. politics, has reportedly threatened a blanket 10% tariff on goods from trading partners, specifically lambasting BRICS policies as “anti-American.” This aggressive rhetoric has spurred a unified pushback from the BRICS bloc, which views the proposed tariffs as an…

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US Dollar Plunges 10% in First Half of 2025, Sparks Debate on America’s Financial Future

US Dollar Plunges 10% in First Half of 2025, Sparks Debate on America’s Financial Future

US Dollar Plunges 10% in First Half of 2025, Sparks Debate on America’s Financial Future The U.S. dollar, long a symbol of American financial might, has experienced a significant downturn in the first six months of 2025, slumping more than 10%. This marks its steepest decline for the first half of a year since 1973, prompting widespread discussion among investors and economists about the future of America’s financial standing. The current depreciation reverses a prolonged period of annual gains for…

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US Tariffs Poised to Revert to Steep April Levels by August 1, Treasury Confirms

US Tariffs Poised to Revert to Steep April Levels by August 1, Treasury Confirms

US Tariffs Poised to Revert to Steep April Levels by August 1, Treasury Confirms WASHINGTON — The United States is set to re-impose steep country-by-country tariff rates starting August 1, Treasury Secretary Scott Bessent announced Sunday. This move signals an end to a temporary pause in tariff rates and aims to accelerate trade deal negotiations. Speaking on CNN’s “State of the Union,” Bessent stated, “President Trump’s going to be sending letters to some of our trading partners saying that if…

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BRICS Summit Faces Leadership Void, Internal Divisions Amidst Key Global Challenges

BRICS Summit Faces Leadership Void, Internal Divisions Amidst Key Global Challenges

BRICS Summit Faces Leadership Void, Internal Divisions Amidst Key Global Challenges The ongoing BRICS summit is reportedly grappling with significant internal challenges, including the notable absence of several key leaders and growing pains within the bloc itself. Sources close to the discussions indicate that the alliance of Brazil, Russia, India, China, and South Africa is struggling with cohesion as it attempts to address pressing global economic and geopolitical issues. The lack of full representation from all member states is raising…

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US-EU Trade Standoff: Billions at Risk as Tariff Deadline Looms

US-EU Trade Standoff: Billions at Risk as Tariff Deadline Looms

US-EU Trade Standoff: Billions at Risk as Tariff Deadline Looms As of Sunday, July 6, the global economy is holding its breath as the United States and the European Union approach a critical deadline regarding potential new tariffs. US President Donald Trump is expected to announce a decision on Monday, July 7, with a final deadline for negotiations set for Wednesday, July 9. Economists and businesses on both sides of the Atlantic warn of severe repercussions if a resolution isn’t…

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BRICS Summit Underway in Rio: Geopolitical Tensions Muted Amid Key Absences and Trump’s Shadow

BRICS Summit Underway in Rio: Geopolitical Tensions Muted Amid Key Absences and Trump’s Shadow

BRICS Summit Underway in Rio: Geopolitical Tensions Muted Amid Key Absences and Trump’s Shadow The BRICS bloc of developing economies has convened its summit in Rio de Janeiro, with discussions expected to proceed cautiously amidst sensitive geopolitical topics and the significant influence of U.S. President Donald Trump’s administration. The two-day gathering, taking place Sunday and Monday, aims to navigate pressing issues such as the ongoing humanitarian crisis in Gaza, recent attacks involving Israel and Iran, and the spectre of Trump’s…

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OPEC+ Boosts August Oil Production, Eyes Lower Gas Prices

OPEC+ Boosts August Oil Production, Eyes Lower Gas Prices

OPEC+ Boosts August Oil Production, Eyes Lower Gas Prices The OPEC+ alliance of oil-exporting nations has announced a significant increase in crude oil production, adding 548,000 barrels per day to global supply starting this August. The decision, made by eight key members including Saudi Arabia and Russia at a virtual meeting on Saturday, July 5th, aims to address a “steady global economic outlook” and low oil inventories. This collective boost is expected to provide relief to consumers, potentially contributing to…

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Trump Finalizes Tariff Letters to 12 Nations, Set for Monday Release

Trump Finalizes Tariff Letters to 12 Nations, Set for Monday Release

Trump Finalizes Tariff Letters to 12 Nations, Set for Monday Release U.S. President Donald Trump has confirmed he signed letters outlining new tariff levels for 12 countries, with these ‘take it or leave it’ offers slated for release on Monday, July 7th. Speaking aboard Air Force One, Trump declined to name the specific nations, promising public disclosure when the letters are sent. This development follows the imminent expiration of a 90-day suspension period on July 9th, which had temporarily halted…

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US Threatens EU with Major 17% Tariff on Food Exports Amid Rising Trade Tensions

US Threatens EU with Major 17% Tariff on Food Exports Amid Rising Trade Tensions

US Threatens EU with Major 17% Tariff on Food Exports Amid Rising Trade Tensions The United States has delivered a significant warning to the European Union, threatening to impose a substantial 17% tariff on food exports originating from the bloc. This latest development marks a sharp escalation in ongoing trade disputes between the two major economic powers. The proposed tariff, if implemented, could have far-reaching consequences for transatlantic commerce, potentially impacting consumer prices and agricultural industries on both sides. While…

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US-Vietnam Trade Deal Sparks Debate Over Future Global Tariffs

US-Vietnam Trade Deal Sparks Debate Over Future Global Tariffs

US-Vietnam Trade Deal Sparks Debate Over Future Global Tariffs A recent trade agreement between the United States and Vietnam, announced just days before Washington’s reciprocal tariffs were set to fully reimpose, has drawn significant global attention. The deal stipulates a 20% duty on Vietnamese imports to the U.S., a substantial reduction from the 46% rate imposed in early April, while U.S. exports to Vietnam will face no tariffs. Additionally, Vietnam has reportedly agreed to a 40% duty on products originating…

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Asia-Pacific Markets Mixed Amid Tariff Uncertainty as Deadline Looms

Asia-Pacific Markets Mixed Amid Tariff Uncertainty as Deadline Looms

Asia-Pacific Markets Mixed Amid Tariff Uncertainty as Deadline Looms Asia-Pacific markets are trading mixed on Tuesday, July 1st, as investors weigh recent record gains on Wall Street against the looming expiration of U.S. President Donald Trump’s 90-day tariff reprieve, set for next week. The uncertainty follows comments from U.S. Treasury Secretary Scott Bessent on Monday, who warned that tariffs could “spring back” to previous levels if good-faith negotiations do not yield results. Mainland China’s CSI 300 remained largely flat, despite…

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US Dollar Suffers Historic First-Half Slump Amid Trump Policies; S&P 500 Hits Record High

US Dollar Suffers Historic First-Half Slump Amid Trump Policies; S&P 500 Hits Record High

US Dollar Suffers Historic First-Half Slump Amid Trump Policies; S&P 500 Hits Record High The US dollar has recorded its worst first half-year performance in over five decades, plummeting 10.8% against a basket of currencies since the start of 2025. This historic decline, the most significant since 1973 for a first half and since 1991 for any half-year period, has pushed the dollar index to its lowest point since March 2022. Driving the dollar’s sell-off are investor concerns over President…

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G7 Grants US Exemption from Minimum Tax Amid Looming Tariff Deadline

G7 Grants US Exemption from Minimum Tax Amid Looming Tariff Deadline

G7 Grants US Exemption from Minimum Tax Amid Looming Tariff Deadline The Group of Seven (G7) nations have reportedly agreed to exempt U.S. firms from new global minimum tax rules, a move aimed at de-escalating burgeoning trade tensions with the United States. This significant development comes as the European Union and the U.S. approach a critical July 9 deadline, with U.S. President Donald Trump having threatened substantial tariffs, potentially as high as 50 percent, on European goods if a trade…

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U.S. and China Confirm Trade Framework Details, Easing Tech and Rare Earth Restrictions

U.S. and China Confirm Trade Framework Details, Easing Tech and Rare Earth Restrictions

U.S. and China Confirm Trade Framework Details, Easing Tech and Rare Earth Restrictions Beijing has announced that the United States and China have finalized details of a comprehensive trade framework aimed at facilitating rare earth exports and alleviating technology restrictions. China’s Ministry of Commerce released a statement Friday afternoon, confirming the agreement. According to a ministry spokesperson, China is set to review and approve export applications for items subject to control rules, while the U.S. will simultaneously rescind a range…

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US-China Trade Deal Framework: A Deep Dive into the Announced Agreement and its Global Implications

US-China Trade Deal Framework: A Deep Dive into the Announced Agreement and its Global Implications

US-China Trade Deal Framework: A Deep Dive into the Announced Agreement and its Global Implications President Donald Trump’s June 11th announcement of a completed trade deal with China marked a significant development in the ongoing trade war between the two economic giants. While Trump declared the deal “done,” a more nuanced picture emerges from statements by administration officials and Chinese representatives. This analysis delves into the details of the announced framework agreement, examining its potential impact on global markets and…

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US-China Trade Truce: A Framework for De-escalation

US-China Trade Truce: A Framework for De-escalation

US-China Trade Truce: A Framework for De-escalation The US and China have agreed on a framework to resolve their ongoing trade dispute, temporarily easing export restrictions on rare earth minerals and semiconductors. This follows a previous Geneva agreement that stalled due to conflicting export controls. The deal involves reciprocal removal of some export restrictions: China will lift curbs on rare earth minerals and magnets, while the US will ease restrictions on certain technology exports to China. Details remain scarce, pending…

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