More trade announcements are expected as Trump defends tariffs
Good morning, welcome to our live coverage American politics today.
Donald Trump There will be more trade-related announcements this morning after defending his tariffs on the Truth Society.
The president said in a Tuesday night post:
Tomorrow morning, we will release at least 7 countries related to trade, and there are other numbers in the afternoon. Thank you for your attention to this matter!
The post comes after he wrote that “the impact of tariffs on inflation is zero” and calls for another call federal Booking Chair Jerome Powell Lower interest rates.
Trump on Tuesday Vow to escalate his trade warmy colleague Callum Jones According to reports, in his plan of change, the U.S. tariffs on foreign drugs can be as high as 200% and copper tariffs are 50%.
An example of Trump’s ever-changing plan: Shortly after yesterday he said his latest deadline for new tariffs was “not 100% of the company”, he announced that “will not be granted non-extended”.
Stay true to us today because we bring you the latest lines Trump administrationtariffs and everything else in American politics.
Key Events
EU deals with Trump as early as tonight
Lisa O’Carroll
this EU On standby Donald Trump Tonight or tomorrow night, according to my love Lisa O’Carroll From Brussels.
The draft agreement in principle only involves three pages when shared with the ambassador on Monday night and is expected to involve Title agreement for automobiles, medical equipment and possible steel. It will also include a Almost 10% of all exportersfive times the price.
While the 10% tariff will involve pain for all member states, the EU capital says it is sufficient for now A deal that can prove the starting point of all other trade issues.
Initially, the EU was tough, assuming it could be the best UK Slim dealsbecause of its economic possibilities. Now, it accepts bare bone deals as the bestDespite objections to prominent European Parliament members of the Trade Commission of the European Parliament, they say they will fight a 10% import obligation.
Italian MEP Brando Feengei Says accepting the deal will “paralyze” the EU and show Trump what he has won, allowing him to “double” tariffs at a later stage.
Last night, Trump said that the EU was only 48 hours away from the “trust” of tariffs, but it is understood that this is not the case.
“The EU does not want to receive a letter, just like South Korea and Japan have been doing in the past few days, the deal will be different.” Olof Gillofficial trade spokesperson
European Commission.
Trump administration subpoena Harvard University for information about foreign students
this Trump administration and Harvard University,explain Department of Homeland Security It is planned to issue subpoenas to obtain information about the so-called misconduct of foreign students.
department educate and Health and Public Services They also said that in a statement they had notified the school of eligibility It violates federal law By not addressing suspected harassment of Jewish students. This may lead to loss Harvard UniversityCertification makes students ineligible for federal financial aid.
The Department of Homeland Security’s administrative subpoena is a response to the university’s refusal to request information about its student visitors and certification of the exchange program.
“We try to do things in a simple way at Harvard. Now, by refusing to cooperate, we have to do things in a tough way.” Tricia McLaughlin said in a statement.
Harvard officials did not comment immediately.
The government said it is working to impose change at Harvard and other top universities in the United States, believing that they have become bastions of leftist ideas and anti-Semitism.
The EU hopes to “complete our basic framework as soon as possible” for the US tariff agreement, trade chief told parliamentarians
Jakub Krupa
EU Trade specialist Maroššefčovič Tell the European Parliament members “Good Progress” Group in Trade Negotiations with the United States Over the past few days, their negotiations have been “significantly strengthened”.
In principle, we have made good progress in the text of a joint statement or agreement, and I hope we can finish our work as soon as possible.
If you still remember What I said before About the “deal” may mean a lot of things about the Trump administration, šefčovič On the other hand, it is clear that he believes that the agreement being finalized is the “basic framework” that will “pave the way for the EU-US trade agreement that will completely escape the future.”
I hope to achieve satisfactory results, Even in the coming days.
In principle, the agreement we are working on is It is not the purpose, but the beginning of a new beginning.
meeting Provide a framework we can continue to build Defines the exact parameters of the later protocol.
In other words, I think A basic framework paves the way for a future EU trade agreement that will completely escape.
Trump may visit his Scottish golf course in the coming weeks
Plans are being made Donald Trump Potentially visit his golf course Scotland In the next few weeks, Sky News Reportwhich may start in the end of July or August.
Scottish police Confirmation with Sky News that preparations are being made for “potential visits later this month…” Senior sources told Sky News that the trip could last “more than a few days.”
His son, Eric TrumpI have said before that his father Will attend the official opening A new golf course in Aberdeenshire this summer. The family also owns Turnberry Resort in Ayrshire.
The trip will be Trump’s first visit to Scotland since winning the election in November. His last visit as president in 2018 sparked security action There are thousands of protests In Glasgow, Edinburgh, Aberdeen and beyond.
Assistant Chief Police Officer of Scotland Police Emma Bond Telling Sky News: “Planning is underway that the U.S. president may visit Scotland later this month.
“Although no official confirmation has been made, it is important that we prepare in advance this is an important policing operation.”
An optimistic EU deal could be reached before Trump’s tariff deadline
Lisa O’Carroll
source European Unionwhich one Donald trump card It is said that a letter on its tariff agreement can be expected in the next 48 hours, and he said they believe a framework agreement will be reached this week. The agreement is expected to include title tariff arrangements for limited sectors including a limited number of automobiles, steel and medical equipment.
German Chancellor, Friedrich Merztold the federal government today: “I am cautiously optimistic that we can successfully reach an agreement with the United States in the next few days, by the end of this month.”
Myers said he is with the U.S. government, Trump and European Commissionand hope to reach a deal as soon as possible to link “the mutual trade between the United States and the EU with the lowest tariffs”.
Brussels diplomats say the EU needs to restore peace in a wider transatlantic relationship and make the U.S. relevant to the group’s defense and security, which also prompts people to desire a quick deal.
President of the European Commission Ursula von der Leyentold MEPS today that when the negotiations collapsed, it was ready to happen by chance.
“We stick to our principles and defend our own interests, we continue to work sincerely and prepare for all circumstances,” she told the European Parliament.
U.S. copper prices hit record high in the U.S. after Trump announces 50% tariffs
Lauren Almeida
Copper prices hit record high in the United States Donald Trump’s He announced yesterday 50% tariff On industrial metals, in the latest escalation of his trade war.
“We are doing copper today,” Trump said at a cabinet meeting on Tuesday, proposing a 50% import tax rate. He also threatened to impose a 200% border tax on drugs, but for a year or a half.
These comments exacerbate the President’s chaos after the president’s ever-changing tariffs Send a letter on Monday The set rate is up to 40% in more than a dozen countries, but it will take effect from August 1 instead of July 9 as previously reported.
Trump wrote on social media that a few hours after saying his latest new huge wave of responsibility was “not 100% company,” “not 100% company,” “no expansion” would be awarded by the August deadline.
In another article on his truth social networking site Tuesday night, he also promised to post tariff details for seven countries Wednesday morning. Trump added that more details will be revealed in the afternoon.
U.S. copper futures jumped more than 10% on overnight tariff threats to $5.682 (£4.18), an all-time high. The metal has since been folded back to $5.662.
Instead, prices fell in the rest of the world due to concerns that Trump’s threatened levy would reduce interest in metals and meet demand globally. On the London Metal Exchange, copper prices fell as much as 2.4% at the Open and then switched hands at $9,653 per ton.
It’s been 90 days since then Donald TrumpPolitico noted that today’s “original tariff Bonanza” and today’s July 9 should be marked as “deadline, during which time, 90-new trade deals will be agreed; otherwise the punishment for new tariffs will be initiated.” However, after yesterday’s chaos and phantom flooding, the deadline was once again postponed to August 1, giving the government more time to complete the deal.
But “one deal” can mean a lot of things, the highlight of Politico. “The trade framework with the UK is a ‘deal’. The vague handshake with Vietnam last week was a ‘deal’. The determination with China is a ‘deal’. “A letter means a deal,’ trump card said in a cabinet meeting yesterday, helpfully. “Trading is mainly my dealings to them.” So, it’s interesting that within this range, the nature of the nature of the deal that Trump is about to unveil today will decline.
More trade announcements are expected as Trump defends tariffs
Good morning, welcome to our live coverage American politics today.
Donald Trump There will be more trade-related announcements this morning after defending his tariffs on the Truth Society.
The president said in a Tuesday night post:
Tomorrow morning, we will release at least 7 countries related to trade, and there are other numbers in the afternoon. Thank you for your attention to this matter!
The post comes after he wrote that “the impact of tariffs on inflation is zero” and calls for another call federal Booking Chair Jerome Powell Lower interest rates.
Trump on Tuesday Vow to escalate his trade warmy colleague Callum Jones According to reports, in his plan of change, the U.S. tariffs on foreign drugs can be as high as 200% and copper tariffs are 50%.
An example of Trump’s ever-changing plan: Shortly after yesterday he said his latest deadline for new tariffs was “not 100% of the company”, he announced that “will not be granted non-extended”.
Stay true to us today because we bring you the latest lines Trump administrationtariffs and everything else in American politics.
Health & Wellness Contributor
A wellness enthusiast and certified nutrition advisor, Meera covers everything from healthy living tips to medical breakthroughs. Her articles aim to inform and inspire readers to live better every day.
