Trump, Tariff and Trade Deals
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The Trump administration could send more tariff letters or reach new trade agreements before the start of August, White House Press Secretary Karoline Leavitt said Monday. That's when the pause on Trump's so-called reciprocals tariffs are set to expire.
President Donald Trump’s vows to roll out punishing new tariffs on Aug. 1 have barely made a ripple with investors who are convinced he’ll once again back down. But at the White House, officials insist they’re serious this time.
A slew of countries will face steep levies, including a 50% tariff on imports from Brazil and a 30% tariff on the European Union.
Trump has sent letters to leaders of dozens of countries outlining the tariff levels set to begin on Aug. 1. In recent months, Trump has rolled back some of his steepest tariffs, meaning delays could be possible in the case of the Aug. 1 deadline. The Trump administration appears to have stood largely behind the deadline in recent days, however.
PorterYachts teams with the Ben Hotel to offer luxury yacht experiences, with CEO Brian Blouin stating that recent tariffs haven't affected charter business.
The newly announced 19% tariff on Indonesian goods is lower than the 32% rate it had faced under President Donald Trump’s previous “liberation day” plans.
National Economic Council Director Kevin Hassett defended Donald Trump’s newly unveiled 50% tariff against Brazil on ABC News' "This Week."
U.S. President Donald Trump will visit the Federal Reserve's headquarters in Washington on Thursday as tensions escalate between the administration and the independent overseer of the nation's monetary policy.