Trump, Tariff and European Union
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Blunt letters dictating terms posted to social media and changes late in negotiations have left trading partners wondering what President Trump will do next.
President Trump's announcement came after weeks of negotiations with the key trading allies failed to reach a more comprehensive deal.
In a wide-ranging interview with NBC News, Trump talked about tariffs, sending Patriot missiles to NATO for Ukraine and how he'll sell his recently passed "big, beautiful bill."
Leaders from both economies had been trying to negotiate more favorable terms, only to have those efforts blown up by form letters.
The global car industry has grappled for months to navigate the Trump administration’s trade war. That gives Swamy Kotagiri, CEO of Magna International, the largest auto-parts manufacturer in North America,
President Donald Trump said the U.S. will impose a 35% tariff on all Canadian goods from Aug. 1 and threatened a blanket 15 to 20% levy on most other nations.
Global equity funds experienced continued inflows, driven by AI-linked stock rallies and optimism over U.S. tariff negotiations. Despite a dip from the previous week's $37.54 billion, funds attracted $10.