Trade
Bessent to American businesses: ‘Not the end of the world’ if April 2 tariffs kick in
Top Trump administration officials insist that the Aug. 1 deadline is not changing, even as dozens of countries’ trade negotiations are unresolved. Source
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Trump approval needed to extend U.S.-China tariff pause, negotiators say
A potential extension of a tariff pause between the United States and China will not be agreed to until President Donald Trump signs off on the plan, U.S. negotiators said Tuesday. Trump “has final say on all the trade deals” and the pending tariff truce, Treasury Secretary Scott Bessent told CNBC’s Eamon Javers. The remarks […]
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Trump’s trade deals for ‘the world’ will be ‘done by Friday,’ but China will take longer: Lutnick
Commerce Secretary Howard Lutnick insisted Tuesday that President Donald Trump’s upcoming Friday deadline to impose major tariffs on a slew of trading partners won’t be delayed any further. But trade negotiations with China — the latest round of which are currently taking place in Stockholm, Sweden — are progressing on a separate timeline, Lutnick noted […]
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AstraZeneca CEO doubles down on U.S. amid rumors of listing shift
A view of the AstraZeneca office in Mölndal, Sweden, on September 12, 2024. Nurphoto | Getty Images AstraZeneca CEO Pascal Soriot on Tuesday reiterated the pharmaceutical firm’s commitment to the U.S. market amid reports that he is considering shifting its listing stateside. Soriot said the U.K.-listed company had many reasons to be in the U.S., […]
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Rare earths are China’s bargaining chip in the trade war — the U.S. is trying to fix that
Rare earths refer to 17 elements on the periodic table whose atomic structure gives them special magnetic properties. They’re also the most important bargaining chip in the U.S. and China trade war. That’s because these rare earth magnets power everything from electric vehicles and wind turbines to defense equipment, data centers and high-tech consumer electronics. […]
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The EU-U.S. trade deal could have one unexpected winner: The UK
Keir Starmer, UK prime minister, left, and US President Donald Trump, ahead of their meeting at the Trump Turnberry golf course in Turnberry, Scotland, on Monday, July 28, 2025. Tolga Akmen/EPA/Bloomberg via Getty Images As world leaders and economists across Europe digest the news of the EU-U.S. trade agreement, some experts told CNBC that while […]
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CNBC Daily Open: Markets are already looking past U.S.-EU trade deal and need another catalyst
Traders work on the floor of the New York Stock Exchange (NYSE) on July 28, 2025 in New York City. Spencer Platt | Getty Images News | Getty Images Stock markets in the U.S. and Europe didn’t seem that delighted with the U.S.-European Union trade deal reached over the weekend. The S&P 500 ticked up, but […]
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Trade court won’t reinstate tariff exemption on low-value ‘de minimis’ shipments, for now
U.S. President Donald Trump and British Prime Minister Keir Starmer (not pictured) hold a bilateral meeting at Trump Turnberry golf course in Turnberry, Scotland, Britain, July 28, 2025. Evelyn Hockstein | Reuters A federal trade court on Monday declined, for now, to block President Donald Trump’s decision to end a longstanding tariff exemption for low-value […]
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Chinese exports to U.S. could decrease by $485 billion by 2027: Tariff simulator
A cargo ship loads and unloads foreign trade containers at Qingdao Port in Qingdao, Shandong Province, China, on July 25, 2025. Nurphoto | Nurphoto | Getty Images Exports from China to the U.S. could fall by close to a half-trillion dollars ($485 billion) between now and 2027, according to a tariff simulator that forecasts shifts […]
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Trump trade rep sets low bar for China trade talks, no ‘enormous breakthrough’ expected
U.S. Trade Representative Jamieson Greer said Monday that China’s willingness to hold trade talks with the United States this week is a “good sign,” but he is not expecting any “enormous breakthrough.” “I don’t expect some kind of enormous breakthrough today, what I expect is continued monitoring and checking in on the implementation of our […]
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