Trump, EU announce trade deal
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President Donald Trump’s announced series of preliminary trade agreements are likely to put downward pressure on the U.S. dollar (DXY) over time, according to Goldman Sachs. “The deals have been generally consistent with our economists’ expectations for a reset higher in the baseline tariff rate offset by some key reductions in sectoral tariffs,
President Donald Trump is meeting with United Kingdom Prime Minister Keir Starmer in Turnberry, Scotland, this morning to discuss trade. The U.S. and United Kingdom reached an agreement on tariffs in May. Yesterday, Trump announced a trade deal with the European Union that would set tariffs at 15% for U.S. imports of most European goods.
Asian equities were mostly higher overnight as Vietnam and Indonesia outperformed while Japan and India underperformed. Hong Kong and Mainland China were both higher overnight on high volumes as health care stocks outperformed,
President Trump has announced a trade agreement with the European Union. CBS News' Olivia Rinaldi and Javier David have details on the deal.
Cheniere Energy shares were higher ahead of today's session following a trade deal between the U.S. and the European Union.
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France denounced the trade agreement between the European Union and the U.S. as a "submission" on Monday though other EU states largely backed a deal they acknowledged was lopsided but which averts an economically damaging trade war with Washington.
The 15% tariff would be lower than previously threatened, but it would remain a high duty on America’s largest trading partner.
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Cryptopolitan on MSNUS lawmakers plan new bills plan that could derail Trump's China trade talksBipartisan senators in Washington are planning a full-blown legislative ambush that could derail Trump’s China trade negotiations before the deal even makes it out of Stockholm. According to Reuters,