Trump administration remains open to negotiations with China, but no details on talks available -official: Rtrs
Tariff rate on $200 bln list will start at 10 pct, go up to 25 pct at end of year -official
Tariff Concerns
Trump is said to back $200 Bln China Tariffs Early as Next Week – Gold Silver Reports
Trump is said to back $200 Bln China Tariffs Early as Next Week – Neal Bhai Reports
Trump: We are going to put a 25% tariff on every car from the European Union – Gold Silver Reports
✅ President Donald Trump said Tuesday night that the U.S. would slap a 25 percent tariff on cars coming from the European Union.
✅ The president’s statement came hours after The Wall Street Journal reported that Commerce Secretary Wilbur Ross said he had postponed an August timeline to publish a report on auto tariffs.
I have Just Authorized a Doubling of Tariffs on Steel and Aluminum with Respect to Turkey as their Currency, the Turkish Lira, Slides Rapidly Downward
I have just authorized a doubling of Tariffs on Steel and Aluminum with respect to Turkey as their currency, the Turkish Lira, slides rapidly downward against our very strong Dollar! Aluminum will now be 20% and Steel 50%. Our relations with Turkey are not good at this time! I have …
U.S. Stocks Decline on Tech Woes, Treasuries Slide
Gold Silver Reports (GSR) – U.S. Stocks Decline on Tech Woes, Treasuries Slide – The S&P 500 Index dropped the most in nearly two weeks as tech shares slumped after Taiwan Semiconductor’s disappointing forecast roiled chip-maker stocks. China’s request for concessions from Qualcomm Inc. to acquire NXP Semiconductors NV ratcheted up tensions over trade. Earnings misses from Procter & Gamble Co. and Philip Morris International Inc. weighed on consumer staples.
Fed Says Tariff Concerns Cloud Otherwise Solid U.S. Outlook
Gold Silver Reports (GSR) – Fed Says Tariff Concerns Cloud Otherwise Solid U.S. Outlook — New tariffs and concerns “Outlooks remained positive, but contacts in various sectors including manufacturing, agriculture and transportation expressed concern about the newly imposed and/or proposed tariffs,” the Fed said in its Beige Book report released Wednesday in Washington. That concern was later echoed by New York Fed President William Dudley, who told an audience in the Bronx that a tariff war would be a “terrible outcome” which the U.S. couldn’t win.