Trump, trade deadline
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President Trump is pushing through with his tariff agenda, unveiling a new batch of letters to country leaders outlining tariffs on goods imported from their countries beginning in August and a warning to BRICS nations.
P resident Donald Trump's second term economic plan can be summed up in one word: tariffs. As his barrage of import taxes went into overdrive in recent months, markets trembled an
President Donald Trump has delayed implementing his widespread "Liberation Day" tariff for a second time, flip-flopping on whether the new deadline was ironclad.
The IMF said on Thursday it was closely monitoring the latest U.S. tariffs announcements, saying uncertainty about the global economic outlook remained high and urged countries to work constructively to facilitate a stable trade environment.
Johor is watching the negotiations between Putrajaya and Washington closely before the 25% reciprocal tariffs imposed by the United States on Malaysia take effect on Aug 1.
White House officials have suggested that the deadline could be postponed for some countries, while others could receive a letter outlining new tariffs.
The US plans to reintroduce tariffs on imports from Taiwan and the EU starting August 1 if trade agreements are not reached by July 9.
The Taoiseach remains ‘hopeful’ that the EU can reach a deal with the US on tariffs, as the Trump administration pushed back a looming deadline.
On Wednesday night, July 9, company owners, investors and politicians will likely be consuming copious amounts of coffee, meticulously analysing scenarios and countermeasures as they anxiously await updates on the US government's stance on tariffs,