Trump, EU and Tariff
Digest more
US President Donald Trump said he reached a deal with Indonesia, without providing any specifics of what is included in the accord.
2hon MSN
Importers are rushing to bring goods into the US ahead of looming tariff deadlines, driving a surge in shipping activity that port officials say reflects uncertainties surrounding President Trump’s trade policy.
Hosted on MSN12d
Trump says he will put 20% tariff on Vietnam's exportsVietnam could import U.S. products with a zero percent tariff, he added. "It is my Great Honor to announce that I have just made a Trade Deal with the Socialist Republic of Vietnam," Trump said on Truth Social after speaking with Vietnam's top leader ...
5hon MSN
President Donald Trump’s sweeping new tariffs, which include 30% duties on EU goods, 35% on Canadian imports, and 50% on products from Brazil, could hit American businesses hard, warns Peter Boockvar,
Trump in a Truth Social post called it "great deal, for everybody," and said it followed direct dealings with Indonesian President Prabowo Subianto.
The prices of coffee and orange juice could be impacted if no trade agreement is reached by the deadline. Tariffs could also contribute to higher beef prices.
Negotiations are ongoing, but if these tariffs go through, the EU says it will retaliate. That could impact with the US exports over to Europe, including things like crude oil, pharmaceuticals, aircraft,
Inside the supply chain, more companies bringing goods into the U.S. are using financing strategies to hold more cash and less inventory on their books.