EU, Donald Trump and energy deal
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China, Trump and Tariff
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The rate will apply in addition to individual “reciprocal” tariffs targeting countries with which the US runs a trade deficit.
Natural resources that are not grown in the United States, including coffee and cocoa, could be exempt from import tariffs when trade deals with producing countries are reached, U.S. Commerce Secretary Howard Lutnick said on Tuesday.
When asked whether India would be charged tariffs between 20% and 25%, Trump replied, “Yeah, I think so. India has been they’re my friends.”
US President Donald Trump has announced that a trade agreement with India has not been finalized, despite previous indications that a deal was nearing completion. Trump's remarks come just two days before the August 1,
President Donald Trump and European Commission President Ursula von der Leyen met in Scotland on Sunday to iron out a US-EU trade deal. Without an agreement, the EU was due to get hit with a 30% tariff rate on Aug.
President Donald Trump announced he reached a trade deal with the European Union that is largely lopsided in the United States’ favor. Trump hosted the British prime minister at his Scotland golf course.
President Trump said he is focused on getting food into Gaza during a meeting with British Prime Minister Keir Starmer.