Trump Announces Tariff Deals With Asian Nations
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The Aug. 1 deadline for higher rates to kick in is just 10 days away, putting the heat on U.S. trade partners.
Commerce Secretary Howard Lutnick expressed confidence Sunday that the Trump administration will cut trade deals with key U.S. trading partners in the coming weeks — before steep tariffs kick in for dozens of countries.
U.S. and Chinese officials will meet in Stockholm next week to discuss an extension to the deadline for negotiating a trade deal, U.S. Treasury Secretary Scott Bessent said on Tuesday as President Donald Trump announced a deal with the Philippines and released terms of a previous deal with Indonesia.
With less than two weeks to go before country-specific tariffs could rise sharply, the Trump administration is drawing a lot of questions about what’s ahead.
16don MSN
Kevin Hassett says ahead of tariff deadline, "rough outlines of the deals are becoming clear"
White House National Economic Council director Kevin Hassett said Sunday that "rough outlines of the deals are becoming clear" ahead of a key tariff deadline this week.
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April 9: Trump's higher "reciprocal tariffs" begin just after midnight. Hours later, the president says he is issuing a 90-day pause on those duties, except for China. Trump raises tariffs on Chinese goods from 104% to 145%, the highest rate so far this year.
The Trump administration is more concerned with the quality of trade agreements rather than their timing, U.S. Treasury Secretary Scott Bessent said on Monday ahead of an Aug. 1 deadline for securing a trade deal or facing steep tariffs.
This week’s Fresh Take also looks at tariff-proof yaupon tea, an L.A. fire survivor’s insurance nightmare, a farmworker’s death in connection to an ICE raid and more.