Trump imposes 15% tariff rate on E.U
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Trump and EU say they've made a trade deal
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A senator posting a receipt with a 10 percent tariff markup has sparked a debate over trade policy and potential price gouging.
European Union wine and spirits producers could emerge among the few winners of a EU-U.S. trade deal agreed at the weekend that some European officials consider unbalanced. The high-level agreement, which imposes a 15% baseline duty for most EU goods entering the United States,
Analysts said negotiators meeting in Stockholm were likely to agree to another 90-day pause on tariffs and export controls, avoiding further escalation.
Companies reporting today include Enterprise Products Partners ( EPD) and Waste Management ( WM ). See the full earnings calendar on Seeking Alpha, as well as today's economic calendar.
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Top U.S. and Chinese economic officials resumed talks in Stockholm on Monday to resolve longstanding economic disputes at the centre of a trade war between the world's top two economies, aiming to extend a truce by three months.
The Federal Reserve is slated to announce its latest interest-rate decision, and investors will scour the July jobs report. Earnings season marches on, with four of the “Magnificent Seven” names headlining a packed schedule.
President Trump said Monday that he will likely set a blanket tariff of 15% to 20% for countries that haven't negotiated a separate trade deal with the U.S. “For the world, I would say it’ll be somewhere in the 15 to 20% range
While the impacts of the tomato tariff are still in their infancy, a major grower and exporter in central Mexico shows how a tariff targeting a single product can destabilize the sector.