Trade
Market watchers warn Trump might not ‘chicken out’ of 30% tariffs on the EU
Global investors may be underestimating U.S. President Donald Trump’s commitment to follow through on his latest tariff threats, some market watchers have warned. In his latest trade policy update, Trump announced that he would be slapping 30% tariffs on goods imported to the U.S. from the European Union and Mexico from Aug. 1. European markets […]
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CNBC Daily Open: U.S. inflation meets expectations, but that’s not necessarily good
People shop for groceries at a store in New York City, U.S., July 15, 2025. Jeenah Moon | Reuters Expectations are a funny thing. When we say that something meets expectations, we tend to mean it in a positive way, suggesting that a hurdle has been cleared or the result is welcome. But what happens […]
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How Trump’s tariffs are hurting the office recovery
Construction renovation of new office in business building window at night Fangxianuo | E+ | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, […]
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Trump says U.S. has ‘deal’ with Indonesia, but shares no details
Workers prepare customers’ orders at the main rice market in Jakarta on July 9, 2025. Bay Ismoyo | AFP | Getty Images President Donald Trump on Tuesday said he has reached a deal with Indonesia, a week after he threatened to slap a 32% tariff on the southeast Asian country’s U.S. exports. Trump in a […]
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CNBC Daily Open: It’s refreshing to see tariffs used as a weapon for peace
U.S. President Donald Trump meets with NATO Secretary General Mark Rutte on the day of announcing a deal to get weapons to NATO, in the Oval Office at the White House on July 14, 2025. Nathan Howard | Reuters Here’s a tariff we can get behind. At a White House meeting on Monday with NATO’s […]
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CNBC Daily Open: Trump brandishes tariffs for peace, not a trade war
US President Donald Trump meets with NATO Secretary General Mark Rutte (L) in the Oval Office of the White House in Washington, DC on July 14, 2025. Andrew Caballero-Reynolds | AFP | Getty Images Here’s a tariff we can get behind. At a White House meeting on Monday with NATO’s secretary general, Mark Rutte, U.S. […]
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Trump tariffs don’t cause inflation because of ‘patriotism’ buying: WH advisor
White House economic advisor Kevin Hassett speculated Monday that new tariff policies are not yet sparking widespread price inflation because President Donald Trump has convinced more people to buy American. “There’s, I think, a lot of patriotism in the data,” Hassett said on CNBC’s “Squawk Box” when he was asked to explain why Trump’s protectionist […]
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Trump’s 30% tariff letter leaves EU scrambling to bring U.S. on side
US President Donald Trump walks on the South Lawn of the White House after arriving on Marine One in Washington, DC, US, on Sunday, July 13, 2025. Bonnie Cash/UPI/Bloomberg via Getty Images The European Union has been left scrambling after U.S. President Donald Trump said he would slap a 30% tariff on goods imported from […]
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What Trump’s 30% tariff threat means for the European Union — in charts
Key Points The U.S. and EU have the largest bilateral trade and investment relationship in the world, representing almost 30% of global trade in goods and services. Last year alone, the value of EU-U.S. trade amounted to 1.68 trillion euros ($1.96 trillion). That’s the equivalent of roughly 4.6 billion euros of trade per day. U.S. […]
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CNBC Daily Open: Surprise tariff salvo on Saturday
President Donald Trump participates in a round table event at the Hill Country Youth Event Center to discuss last week’s flash flooding on July 11, 2025 in Kerrville, Texas. Chip Somodevilla | Getty Images No one likes working over the weekend. Unless you are the leader of the free world firing off social media posts […]
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