Turnberry deal - MEP sunset clause likely flashpoint with EU capitals - Borderlex - European trade policy The European Parliament will table amendments to a European Commission proposal to implement the bloc's commitments under the tariff deal agreed with the Trump administration last summer. But will member states just go along with them?

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Turnberry deal – new MEP sunset clause likely flashpoint with EU capitals

#EUUS #tariffdeals #tradewars

by @robfranciseu.bsky.social

Anyone in #USMedia not afraid of #DictatorDon who are happy to #FactCheck his claims of #TariffDeals .. #Deals and/or number of #Wars stopped?

Countries promise billion dollar deals with US to reduce tariffs, Malaysia having to buy 30 Boeing planes. But how many will honour these deals in the end. #tradedeals #tariffdeals

US Treasury’s Bessent believes good tariff deal is possible, Japan PM Ishiba says By Makiko Yamazaki TOKYO (Reuters) -U.S. Treasury Secretary Scott Bessent told Japanese Prime Minister Shigeru Ishiba that their countries can reach a "good agreement" on tariffs, Ishiba said on Friday after meeting Bessent at his office in Tokyo. Ishiba added that while no specific terms were discussed, such as the 25% tariff U.S. President Donald Trump has said he will impose on Japan from August, he asked Bessent to continue "active talks" with his top tariff negotiator Ryosei Akazawa. Akazawa, who also joined the meeting, told reporters that both countries agreed to carry on a "constructive dialogue". Bessent left Ishiba’s office without speaking to reporters. The White House did not immediately respond to a Reuters request for comment. AI computing powers are changing the stock market. Investing.com's ProPicks AI includes 6 winning stock portfolios chosen by our advanced AI. In 2024 alone, ProPicks AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. Which stock will be the next to soar?

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Tariff deals could be wrapped up by Labor Day, Bessent says as talks pick up By David Lawder, Susan Heavey and Manoj Kumar (Reuters) -U.S. Treasury Secretary Scott Bessent said on Friday the Trump administration’s various trade deals with other countries could be done by the Sept. 1 Labor Day holiday, citing talks with 18 main U.S. trading partners and new revisions to a deal with China aimed at expediting rare earths shipments. After a week where tariffs took a back seat to the U.S. strike on Iran’s nuclear facilities and the massive tax and spending bill in Congress, the Trump administration’s trade negotiations have picked up. The United States sent a new proposal to the European Union on Thursday and India sent a delegation to Washington for more talks. "So we have countries approaching us with very good deals," Bessent said on Fox Business Network. "We have 18 important trading partners. ... If we can ink 10 or 12 of the important 18, there are another important 20 relationships, then I think we could have trade wrapped up by Labor Day," Bessent said. He did not mention any changes to a July 9 deadline for countries to reach deals with the United States or see tariffs spike higher, but has previously said that countries negotiating in good faith could get deals. But President Donald Trump told reporters at the White House that he could extend the tariff deadline or "make it shorter," adding that within the next week and a half, he would notify countries of their tariff rates. "I’d like to just send letters out to everybody: Congratulations. You’re paying 25%" tariffs. NEW U.S.-CHINA EXPORT REVISIONS Bessent said the United States and China had resolved issues surrounding shipments of Chinese rare earth minerals and magnets to the U.S., further modifying a deal reached in May in Geneva. As part of its retaliation against new U.S. tariffs, China suspended exports of a wide range of critical minerals and magnets, upending supply chains central to automakers, aerospace manufacturers, semiconductor companies and military contractors around the world. During U.S.-China talks in May in Geneva, Beijing committed to removing the measures imposed since April 2, but those critical materials were not moving as fast as agreed, Bessent said, so the U.S. put countermeasures in place. "I am confident now that we -- as agreed, the magnets will flow," Bessent said, adding that these materials would go to U.S. firms that had received them previously on a regular basis. He did not disclose details of the latest agreement, which Trump administration officials said was reached earlier this week. Efforts to resolve the dispute included a phone call between Trump and Chinese President Xi Jinping which led to teams from both sides meeting again in London, as negotiators try to end a trade war between the world’s biggest economies. China’s commerce ministry said on Friday the two countries have confirmed details on the framework of implementing the Geneva trade talks consensus. It said China will approve export applications of controlled items in accordance with the law. It did not mention rare earths. China has dual-use restrictions in place on rare earths which it takes "very seriously" and has been vetting buyers to ensure that materials are not diverted for U.S. military uses, according to an industry source. This has slowed down the licensing process. The Geneva deal faltered over China’s curbs on critical minerals exports, prompting the Trump administration to respond with export controls of its own preventing shipments of semiconductor design software, ethane, engines for Chinese-made aircraft and other goods to China. The U.S.-China negotiations have yet to delve into the Trump administration’s core complaints about China’s state-led, export-driven economic model with just over six weeks to go before the Geneva tariff truce expires on Aug. 10. News of the latest revision to the China deal comes as Trump has a meeting scheduled Friday with the foreign ministers of the Democratic Republic of Congo and Rwanda, two African nations that are rich in critical minerals. INDIA TALKS Indian government sources told Reuters that a trade delegation from New Delhi was back in Washington on Friday aiming to sew up a limited U.S. trade deal ahead of the July 9 deadline. Trump administration officials frequently count India among countries with which trade talks are at an advanced stage, along with Japan. But early optimism about a simple deal to reduce India’s high tariffs has hit roadblocks over disagreements on U.S. import duties for auto parts steel and farm goods, Indian officials with direct knowledge said. The U.S. Trade Representative’s office did not immediately respond to queries on talks with India or the European Union. Trump said that his administration was looking to get a "full trade barrier dropping" deal with India. "I’m not sure that that’s going to happen, but as of this moment, we’ve agreed to that -- go into India and trade," Trump said. PRE-TARIFF SPENDING FADES The latest negotiating activity comes amid signs on Friday that uncertainty over Trump’s tariffs is starting to take a toll on the economy. U.S. consumer spending unexpectedly fell in May as the boost from the pre-emptive buying of goods like motor vehicles ahead of Trump’s tariffs faded, while monthly inflation maintained a moderate pace of increase. But Wall Street investors took the consumer spending data as another sign that the Federal Reserve may resume rate cuts in July, sending stock indexes back to record highs. Bessent’s more optimistic tone on trade also helped shares, and an influential Wall Street economist who had been a skeptic of Trump’s tariffs appeared to reverse course. Torsten Slok, chief economist at Apollo Global Management (NYSE:APO), asked in a blog: "Has Trump outsmarted everyone on tariffs?" Slok said that extending the deadline by a year would give countries and U.S. domestic businesses time to adjust to the new world with permanently higher tariffs while reducing uncertainty, which would help markets.

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the seven dwarfs from snow white and the seven dwarfs are crossing a bridge . ALT: the seven dwarfs from snow white and the seven dwarfs are crossing a bridge .

For those unfamiliar: normal mining companies need 10-15 years just to get from finding the ore to first revenue. But when you are an ALPHA, you do business on TARIFF TIME. You don't care if the rules change every 5 minutes, and apparently, neither do your investors.

#tariffs #tariffdeals

Bessent says many countries have offered very good tariff deals Investing.com -- Treasury Secretary Scott Bessent has made a series of statements regarding international trade and currency policies. In a recent interview with CNBC, Bessent communicated that many countries have offered ’very good’ tariff proposals. He also indicated that the United States has a standardized trade deal template that it uses in these negotiations. Bessent stated that all aspects of the U.S. government are in contact with China and that it is up to China to de-escalate the situation. He expressed a desire to avoid escalation with China and suggested that China might want to de-escalate as well. The Treasury Secretary also mentioned that there have been substantial talks with allies in Japan and that India might be one of the first countries with which the U.S. signs a trade deal. He further commented on Apple (NASDAQ:AAPL)’s relationship with China, suggesting that China might be seen as an unreliable partner. In terms of currency policy, Bessent confirmed that the U.S. maintains a strong dollar policy. He also predicted that the European Central Bank (ECB) will cut rates to bring the value of the euro down. In a meeting with JPMorgan, Bessent clarified that he did not say anything new, maintaining the same stance on these issues, and he was surprised by the market’s positive response to his comments last week.

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Exactly!
And #that🍊man is not about that!
He's only attending the ceremony to see if he can garner any #TariffDeals

The American people wants to see some results as he promised this better economy
He made some deals we want to see some results!
frikkin liar!
#HorribleBusinessman
#Grifter #Conman

Tariff deal talks to dominate IMF-World Bank meetings this week By David Lawder and Andrea Shalal WASHINGTON (Reuters) -Hundreds of global finance leaders will descend on Washington this week, each with a singular mission: Who can I talk with to cut a trade deal? The semi-annual gatherings of the International Monetary Fund and World Bank Group are bustling affairs with high-level multilateral policy talks, but also one-on-one meetings between finance ministers eager to broker deals on things like project financing, foreign investment back home and, for poorer economies, debt relief. This year, rather than policy coordination on climate change, inflation and financial support for Ukraine’s struggle against Russia’s invasion, one issue will dominate: tariffs. More specifically, how to get out from under - or at least minimize - the pain from U.S. President Donald Trump’s unprecedented barrage of steep import taxes since his return to the White House in January. And the focus may be largely on one man, new U.S. Treasury Secretary Scott Bessent, who is Trump’s lead negotiator for tariff deals and whose support for the IMF and World Bank remains a question mark. "Trade wars will dominate the week, as will the bilateral negotiations that nearly every country is trying to pursue in some way, shape or form," said Josh Lipsky, senior director of the Atlantic Council’s GeoEconomics Center. "So this becomes a Spring Meetings unlike any others, dominated by one single issue." ’NOTABLE MARKDOWNS’ Trump’s tariffs are already darkening the IMF’s economic forecasts, due to be released on Tuesday, which will put more pressure on developing country debt burdens. IMF Managing Director Kristalina Georgieva said last week that the World Economic Outlook’s growth projections will include "notable markdowns but not recession," largely due to "off the charts" uncertainty and market volatility caused by the tariff turmoil. Although Georgieva said the world’s real economy continues to function well, she warned that increasingly negative perceptions about the trade turmoil and concerns about recession could slow economic activity. Lipsky said a potential new challenge for policymakers is whether the dollar will still be a safe haven asset, after Trump’s tariffs sparked a sell-off in U.S. Treasury debt. The IMF and World Bank meetings, along with a sideline gathering of Group of 20 finance leaders have proved crucial forums for coordinating forceful policy actions in times of crisis, such as the COVID-19 pandemic and the 2008-2009 global financial crisis. This time, with trade ministers in tow, delegations will be aiming to shore up their own economies first, policy experts say. "The focus of these meetings in the past couple of years, which has been heavily on multilateral development bank reform and to some extent on strengthening the sovereign debt architecture, will fall by the wayside," said Nancy Lee, a former U.S. Treasury official who is a senior policy fellow at the Center for Global Development in Washington. BESSENT TARIFF TALKS Japan, pressured by Trump’s 25% tariffs on autos and steel and reciprocal tariffs on everything else that could hit 24%, is particularly keen to sew up a U.S. tariff deal quickly. With talks more advanced than those of other countries and participation by Trump, Japanese Finance Minister Katsunobu Kato is expected to meet with Bessent to resume the negotiations on the sidelines of the IMF and World Bank gathering. South Korean Finance Minister Choi Sang-mok also accepted an invitation from Bessent to meet this week to discuss trade, Seoul’s finance ministry said as the export-dependent U.S. ally seeks to delay implementation of 25% tariffs and cooperate with the U.S. on areas of mutual interest such as energy and shipbuilding. But many participants in the meetings have questions over the Trump administration’s support for the IMF and the World Bank. Project 2025, the hard-right Republican policy manifesto that has influenced many of Trump’s decisions to reshape government, has called for the U.S. to withdraw from the institutions. "I really see a key role for Secretary Bessent in these meetings to answer some very basic questions," Lee said. "First and foremost, does the U.S. view support for MDBs (multilateral development banks) as in its interest?" Lee said. U.S. FINANCIAL SUPPORT World Bank President Ajay Banga said last week that he has had constructive discussions with the Trump administration, but he did not know whether it would fund the $4 billion U.S. contribution to the bank’s fund for the world’s poorest countries pledged last year by former president Joe Biden’s administration. Banga also is expected to expand this week on the bank’s energy financing pivot from primarily renewables to include nuclear and more gas projects and a shift towards more climate adaptation projects -- a mix more in line with Trump’s priorities. Bessent did back the IMF’s new, $20 billion loan program for Argentina, traveling to Buenos Aires last week in a show of support for the country’s economic reforms and saying the U.S. wanted more such alternatives to "rapacious" bilateral loan deals with China. Three former career Treasury officials who later represented the U.S. on the IMF executive board called the Fund "a great financial deal for America." "If the U.S. steps back from the IMF, China wins," they wrote. "Our influence allows us to shape the IMF to achieve American priorities."

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#RumpBoastingThatCountriesWantToKissHisAzz 😆

#tariffdeals

Dow Jones Today: Stocks Rise Amid Hopes for Tariff Deals But Major Indexes Well Below Earlier Highs - Investopedia Dow Jones Today: Stocks Rise Amid Hopes for Tariff Deals But Major Indexes Well Below Earlier Highs  Investopedia

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FTSE and US stocks rebound as optimism for tariff deals outweighs China uncertainties - Yahoo Home FTSE and US stocks rebound as optimism for tariff deals outweighs China uncertainties  Yahoo Home

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Trump LIES
.
no one in the ENTIRE world
is trying to make deals
Over tariffs
.
Just Trump's mental illness
And imaginary friends
And putting words in people's mouths
.
TRUMP LIES
#TariffDeals

"The EU is delaying tariffs on U.

#TradeNegotiations #TariffDeals #GlobalTrade

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TRUMP’S ECONOMIC POLICIES WILL GRAB YOU BY THE WALLET
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READ THIS.. #Inflation #Economy #Farmers #TariffDeals #China #GOPTaxScams #allStreet #Bailouts #Corporations #Consumers
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