More expected commercials as Trump defends the customs tariff
Good morning and welcome to our live coverage of American policy today.
Donald Trump He said that there will be more ads related to trade this morning after defending its definitions on the social truth.
In a publication on Tuesday evening, the president said:
We will issue at least 7 countries related to trade tomorrow morning, with an additional number of countries launching in the afternoon. Thank you for your interest in this issue!
This publication came shortly after it was written that “the tariff had no effect on inflation” and was called again Federalism Reserve chair Jerome Powell To reduce interest rates.
On Tuesday, Trump pledged to escalate his commercial wars, my colleague Calum Jones I mentioned that the threat of US definitions reaches 200 % on foreign drugs and 50 % on copper amid widespread confusion about its changing plans.
An example of Trump’s variable plans: Soon after saying his deadline for a new tariff was “not 100 %” yesterday, he announced “will not be given extensions” after August 1.
Adhere to us today and we offer you the latest lines in the Trump administration, tariffs, and everything else in American policy.
Main events
The European Union hopes to “finish the touches on our work” in the “founding framework” of the American customs tariff deal, says the head of the legislators.
Jacob Croba
European Union Trade Commissioner Maroš šefčovič The legislators of the European Parliament told this The bloc “made good progress” in commercial talks with the United States Their negotiations are largely intensified “in the past few days.
We have made good progress on the text of the joint statement or agreement in principle, I hope we can soon put the touches on our work.
If you remember what I said earlier about a “deal”, it is possible that many things to manage the Trump administration, šefčovič On the other hand, it is very clear that the agreement that is completed, in his opinion, is a “basic framework” that would “pave the way for the European Union and United States Trade Convention in the future.”
I hope to reach satisfactory results, Maybe even in the coming days.
The agreement in principle that we strive to end is It is not the end, but the start of the new beginning.
will Provide a framework through which we can continue to build Determine the exact parameters of the subsequent agreement.
In other words, I see it A basic framework paves the way for the European Union Trade Convention and the United States in the future.
Trump to visit the Scottish Golf Court in the coming weeks – Sky News
Plans are placed Donald Trump To visit golf courses in Scotland In the coming weeks, Sky News reportsIt is more likely at the end of July or the beginning of August.
Scotland Police She confirmed on Sky News that she was preparing for “a possible visit … later this month.” Higher sources told Sky News that the journey may last more than two days.
daughter , Eric TrumpHe said previously his father The official opening will attend A new golf stadium in Aberinachire this summer. The family also owns the turnberry resort in Ayrshire.
The trip will celebrate Trump’s first visit to Scotland since it won the elections in November. His recent visit as president in 2018 sparked a security operation, as thousands protested in Glasgow, Adenber, and April and beyond.
Assistant Chief of Scotland Constable Emma Bond Sky News told: “Planning is under implementation for a possible visit to Scotland later this month by the President of the United States.
“Although the official confirmation has not been confirmed yet, it is important to prepare in advance of what may be an important police operation.”
The optimistic deal from the European Union can be reached before Trump’s final date
Lisa Aquol
Sources in European Unionany Donald Trump He said they could expect a message related to the tariff deal during the next 48 hours, that they believe that this week’s framework agreement will be reached. The agreement is expected to include the main tariff arrangements for a limited number of sectors including cars, steel and medical devices.
German Chancellor, Friedrich MirzBundestag told today: “I am optimistic that we can succeed in reaching an agreement with the United States in the next few days, by the end of the month at the end of it.”
Mirz said he was in close contact with the United States government, Trump and European CommissionAnd I hope to secure a deal as quickly as possible, which has linked “mutual trade between the United States and the European Union to the least possible tariff.”
Diplomats in Brussels says that the European Union’s need to restore calm in the broader Atlantic relationship and maintain the United States is linked to the defense of the bloc, and the desire to obtain a quick deal.
Head of the European Commission, Ursula von der LinMEPS today was told that he was ready for emergency in the event of the collapse of the conversations.
“We adhere to our principles, we defend our interests, and we continue to work in good faith, and we are preparing for all scenarios,” she told the European Parliament.
Copper prices in the United States set a record number after Trump announced a 50 % tariff
Lauren Al -Mida
Copper prices set a record in the United States yet Donald Trump Yesterday’s announcement that it will impose a 50 % tariff on the industrial metal, in the latest escalation of its trade war.
“Today we are doing copper,” Trump said before the cabinet meeting on Tuesday. He also threatened to impose a 200 % border tax on medicines, but within a year or a year and a half.
Comments are added to confusion about the constantly changing definitions of the president after sending messages on Monday specifying rates of up to 40 % for more than ten countries, but it enters into force from August 1 instead of the previously reported July 9.
Hours after saying his last date on the deadline for a new wave of sharp duties is “not 100 % firm”, Trump wrote on social media that “there are no extensions” that will be granted after the deadline in August.
In another publication on his social site, in fact, on Tuesday evening, he also promised to issue details of the tariff for seven other countries on Wednesday morning. Trump added that more details will be revealed in the afternoon.
The future copper contracts in the United States jumped by more than 10 % to $ 5.682 (4.18 pounds) of the pound to threaten the tariff overnight, reaching the highest level ever. Since then the metal has been divided into $ 5.662.
On the contrary, prices have decreased elsewhere in the world amid fears that the threatened Trump tax can reduce the appetite of the United States for minerals and receive demand in the world. On the London Metal Stock Exchange, copper prices decreased by up to 2.4 % in the open, before being reduced to change hands at $ 9,653 per ton.
It has passed 90 days since then Donald TrumpSinger Trif Bonanza, and today, July 9-settling, “the deadline that could have been agreed upon at the date of the 90th time or new commercial deals; Or punishing the new tariff.
However, the “deal” can mean many things, highlights. “The trade framework with the United Kingdom was a” deal “. The mysterious shaking hands with Vietnam last week was a” deal “. The struggle with China was a” deal. ” A message that means a deal. Trump He said, useful, during the cabinet meeting yesterday. “The deals are mostly a deal for them.” So it will be interesting to see where the nature of the trading terms will be revealed by Trump today.
More expected commercials as Trump defends the customs tariff
Good morning and welcome to our live coverage of American policy today.
Donald Trump He said that there will be more ads related to trade this morning after defending its definitions on the social truth.
In a publication on Tuesday evening, the president said:
We will issue at least 7 countries related to trade tomorrow morning, with an additional number of countries launching in the afternoon. Thank you for your interest in this issue!
This publication came shortly after it was written that “the tariff had no effect on inflation” and was called again Federalism Reserve chair Jerome Powell To reduce interest rates.
On Tuesday, Trump pledged to escalate his commercial wars, my colleague Calum Jones I mentioned that the threat of US definitions reaches 200 % on foreign drugs and 50 % on copper amid widespread confusion about its changing plans.
An example of Trump’s variable plans: Soon after saying his deadline for a new tariff was “not 100 %” yesterday, he announced “will not be given extensions” after August 1.
Adhere to us today and we offer you the latest lines in the Trump administration, tariffs, and everything else in American policy.