London CNN — The European Union has warned that its trade with the United States could be effectively wiped out if Washington makes good on its threat to slap a 30% tariff on goods imported from the bloc. A tariff of “30%, or anything above 30%… has more or less the same effect. So, practically it prohibits the trade,” Maroš …
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China’s Export Growth Picks Up as Fragile Trade Truce Holds – Bloomberg
China’s Export Growth Picks Up as Fragile Trade Truce Holds Bloomberg China’s exports growth tops expectations in June; rare earth shipments surge 60% to record high CNBC China’s exporters rush to beat Trump’s next big tariff deadline Reuters China’s exports jump 5.8% in June as tariffs reprieve prompts a rush of orders ABC News – Breaking News, Latest News and Videos China’s exports jump …
Read More »Malaysia says trade permit required for AI chips of U.S. origin – Reuters
Malaysia says trade permit required for AI chips of U.S. origin Reuters Malaysia to Require Permits on Trade of High-End US AI Chips Bloomberg.com Malaysia tightens export controls on US-origin AI chips thestar.com.my US blocks AI chip access to China, warning sign for Thailand, Malaysia Nation Thailand Malaysia Tightens Rules on Movement of U.S.-Made AI Chips The Wall Street Journal Source link
Read More »Gold prices scale three-week peak as Trump widens trade war – Reuters
Gold prices scale three-week peak as Trump widens trade war Reuters Gold Gains as Trump Doubles Down on Tariffs Before Deadline Bloomberg.com Gold price can hold $3,300 an ounce but faces growing competition in the commodity sector KITCO Gold rate prediction: Gold price rises, bullion experts predict what to expect in next three months The Economic Times Gold climbs on safe-haven bids as Trump …
Read More »Wall St, EU futures slip as US trade policy bewilders – Reuters
Wall St, EU futures slip as US trade policy bewilders Reuters Why the near-record high stock market has taken Trump’s renewed tariff blitz in stride CNBC Wall St slips with Asia stocks as US trade policy confounds Yahoo Finance US Futures Drop as Trump Steps Up Tariff Threats: Markets Wrap Bloomberg.com Dow futures sink as Trump keeps pushing tariffs while White House suggests Powell’s …
Read More »Red Sox make minor trade, shake up Triple-A catching mix
BOSTON — The Red Sox completed a minor trade over the weekend that depleted some of their catching depth at Triple-A. Boston dealt Blake Sabol to the White Sox for cash considerations, according to a release from the WooSox. Sabol will be assigned to Chicago’s top affiliate in Charlotte. Sabol was third on the depth chart behind big league options …
Read More »EU delays retaliatory trade tariffs against US
Jennifer Meierhans Business reporter Getty Images European Commission President Ursula von der Leyen says it will use the time to negotiate The EU’s retaliatory tariffs on US exports have been delayed again, European Commission President Ursula von der Leyen has announced. The countermeasures, which were due to start on Tuesday, came in response to US President Donald Trump’s initial import …
Read More »EU pauses trade retaliation against US after Trump’s 30% tariff threat – Financial Times
EU pauses trade retaliation against US after Trump’s 30% tariff threat Financial Times Amid Tariff Chaos, U.S. Allies Try to Redraw the Trade Map The New York Times EU says it could retaliate against US tariffs if no trade deal is reached USA Today EU suspends US trade war countermeasures while pushing for tariff deal politico.eu EU to keep US trade countermeasures on hold …
Read More »EU suspends US trade war countermeasures while pushing for tariff deal – POLITICO
Officials were blindsided by Trump’s surprise Saturday declaration that a blanket 30 percent tariff would be applied, and any additional raises the EU implemented in retaliation would be matched. Staff were called in to work at short notice and a statement refusing to rule out countermeasures was issued in von der Leyen’s name. Envoys from EU capitals will meet for …
Read More »LeBron James Trade Reportedly Eyed By 4 NBA Teams Amid Rumors on Lakers Future
Several teams have already registered interest in Los Angeles Lakers superstar LeBron James as a potential trade acquisition, according to ESPN’s Dave McMenamin. During Saturday night’s clash between the Lakers and New Orleans Pelicans in the Las Vegas Summer League, McMenamin reported that Rich Paul, James’ agent, was contacted by four teams with interest in trading for the four-time MVP. …
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