Trump’s Japan Trade Deal
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Mets acquire Orioles reliever ahead of MLB trade deadline
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Trump meets with EU president to discuss trade deal.
European Commission President Ursula von der Leyen is set to meet U.S. President Donald Trump on Sunday to clinch a trade deal for Europe that would likely see a 15% baseline tariff on most EU goods,
The agreements have been overshadowed by U.S. firms' warnings that the tariffs will affect their bottom lines and prolong uncertainty in the economy.
President Trump has threatened to impose a 30% tariff on imports from the European Union's 27 member countries if no trade deal is reached by Aug. 1.
The deal imposes 15% tariffs on Japanese cars and other goods, one of the more favorable rates. While the start date and other basic elements are still unknown, Treasury Secretary Scott Bessent warned this week that the US would monitor implementation and bump the rate up to 25% if Trump isn’t satisfied.
The EU says its negotiators are working "might and main" on a deal, but the decision rests with US President Trump.
Nearly every member of the European Union supports a plan to hit back against President Trump’s tariffs if no agreement is reached.
The White House factsheet on the trade deal mentions that Japan will also buy 100 Boeing Co. planes as well as US defense equipment worth additional billions of dollars annually. Akazawa said both these pledges were based on existing plans by Japanese airlines and the government, respectively.
King Charles has held talks with Indian Prime Minister Narendra Modi at Sandringham, after a free trade deal was signed between the UK and India. UK cars and whisky will be cheaper to export to India and Indian textiles and jewellery cheaper to export to the UK under the multi-billion pound export boost.
European Commission President Ursula von der Leyen is set to meet U.S. President Donald Trump on Sunday to clinch a trade deal for Europe that would likely see a 15% baseline tariff on most EU goods,
The New York Yankees have added another infield reinforcement at the MLB trade deadline. The club swung a trade with the Washington Nationals on Saturday for utility infielder Amed Rosario, it announced Saturday. Going back to D.C. are pitcher Clayton Beeter and outfielder Browm Martínez.