Trump’s Japan Trade Deal
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U.S. President Donald Trump on Sunday said there is a good chance that the United States and European Union would reach a trade agreement, citing three or four main sticking points.
Trump meets with EU president to discuss trade deal.
European Commission President Ursula von der Leyen is set to meet with President Donald Trump this weekend in Scotland to discuss trade.
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.
The New York Yankees acquired Amed Rosario in a trade with the Washington Nationals on Saturday evening, the teams announced. He provides depth as a player who has the versatility to play all around the infield. Rosario has started 20 games at third base and 13 games at second base for the Nationals this season.
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.
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 prime ministers of Britain and India have sealed a major trade agreement that will reduce tariffs on products like Scotch whisky and Indian spices.
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 New York Yankees' two-year nightmare at the hot corner is finally over. And that comes at the expense of the Colorado Rockies.