Trump, Tariff
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Domestic politics in trading partner countries, as well as China's influence, are complicating Trump's tariff negotiations.
The tariffs are likely to inflame tensions with one of the largest U.S. trading partners.
1hon MSN
President Donald Trump prides himself on being a dealmaker, but his negotiating style is more ultimatum than compromise. This week, he imposed tariffs on trading partners, pressured the
President Trump teases trade negotiations with multiple countries after announcing a new 50% tariff on imported copper and warning 14 nations to strike trade deals by next month.
The country’s new prime minister, Mark Carney, has been called the “Trump whisperer,” and negotiations have been cordial and professional. But it’s been a wild ride.
President Donald Trump and his advisers promised a lightning round of global trade negotiations with dozens of countries back in April
On July 2. Trump announced a deal with Vietnam. The Vietnamese agreed to let U.S. products into the country duty free while accepting a 20% tax on their exports to the United States, Trump said, though details of the agreement have not been released.
Major stock indexes were slightly lower on Friday as U.S. President Donald Trump's announcement of tariffs on imports from Canada fanned worries about trade tensions, with the Canadian dollar down against the greenback.