Astros, Yankees Buys, Orioles, Twins Selloffs Highlight AL Deadline
The New York Yankees were among the biggest bullpen buyers at the deadline, adding David Bednar from the Pirates, Camilo Doval from the Giants and Jake Bird from the Rockies. They gave up largely prospect quantity in return. Six of the prospects dealt were on my midseason top prospect lists - 2B Roc Riggio (#63 position player, to Rockies), OF Jesus Rodriguez (#167, to Giants), OF Brian Sanchez (#189, to Pirates), 3B Parks Harber (#240, 3B), C Edgleen Perez (#339, to Pirates), and P Griffin Herring (#140 pitcher, sent earlier to 3B Rockies in Ryan McMahon deal). (These lists are based purely on first half 2025 statistical performance, relative to league and level, adjusted for age.) They also added UT Jose Caballero from the Rays at an affordable price, and cut bait on homegrown position players Oswald Peraza and Everson Pereira. On balance, they're significantly improved, at an affordable cost.
The Houston Astros might have been the shrewdest deadline buyer. Their biggest move brings 3B Carlos Correa back to town, with the Astros on the hook for $70 million of his salary through 2028. The acquisition of OF Jesus Sanchez could also pay off big. They acquired him for modest prospect cost, but if Sanchez can learn to hit lefty pitching (admittedly a big if), he could be a cost-controlled star. 3B Ramon Urias also came over from the Orioles in a minor deal.
The Seattle Mariners qualify as big buyers, adding 3B Eugenio Suarez and 1B Josh Naylor to their lineup and Caleb Ferguson to their pen. The prospect cost was reasonable, as arms Ashton Izzi (#99, to the Diamondbacks) and Jeter Martinez (#161, to the Pirates) were the only players dealt on my midseason top prospect lists. Suarez is a big get, but shouldn't be inflated beyond what he is - he's a rental, and a streaky power hitter who's due for a comedown.
The Toronto Blue Jays made multiple moves, including a highly speculative deal for the Guardians' Shane Bieber. He'll be healthy and available soon, and could opt out of his 2026 deal if he has success. That's a risk the Jays are willing to take. Seranthony Domiguez and Louis Varland help their bullpen, and 1B Ty France gives them another useful bat. They gave up some decent prospects - P Juaron Watts-Brown (#25, to Orioles), P Khal Stephen (#43, to Guardians) and OF Alan Roden (#126, to Twins), who has some MLB experience.
The Texas Rangers made some noise right before the buzzer, bolstering their pitching staff with the acquisition of starter Merrill Kelly and relievers Phil Maton and Danny Coulombe. They gave up a mostly mid-to-low range prospects, but did give up my #4 and #41 midseason pitching prospects, Mitch Bratt (to the Diamondbacks) and Mason Molina to (the Cardinals).
The Detroit Tigers added pitching depth, with Chris Paddack and Charlie Morton joining their rotation and Kyle Finnegan and Paul Sewald fleshing out their pen. They did so while parting only with relatively minor prospects, none of whom made my midseason top prospect lists.
The Boston Red Sox were reportedly in the mix for bigger fish, but wound up settling for added pitching depth in the form of Steven Matz and Dustin May. They did give up some prospect quality, sending bat only 1B Blaze Jordan (#43) to the Cards and OFs Zach Ehrhard (#69) and James Tibbs III (#263) to the Dodgers in return.
It was a low-key interesting deadline for the Kansas City Royals. They did send C Freddy Fermin to the Padres in a deal that netted them a pair of displaced MLB starters in Ryan Bergert and Stephen Kolek, but then chimed in at the buzzer, acquiring starter Bailey Falter from the Pirates and OF Mike Yastrzemski from the Giants. The best prospect they moved was 1B Callan Moss (#197, to Pirates).
Having It Both Ways
What a wacky deadline for the Tampa Bay Rays. They 'bought' starter Adrian Houser from the White Sox and reliever Griffin Jax, cutting bait on one-time top prospect Taj Bradley in the latter deal. On the other hand, they sent UT Caballero to the Yankees, durable starter Zack Littell to the Reds and backup C Danny Jansen to the Brewers. The best prospect moved in any of these deals came to the Rays for Jansen - SS Jadher Areinamo (#147). On balance, I like their work.
Or maybe it's Having It Neither Way, in the case of the Los Angeles Angels. They moved none of their supposedly available players, and actually made a small bullpen buy, bringing aboard Andrew Chafin and Luis Garcia. I have no idea what these guys are doing.
The Chicago White Sox held on to Luis Robert and others, but did move starter Adrian Houser (to the Rays) and OF Austin Slater (to the Yanks), landing multiple marginal prospects in return.
Moderate Sellers
The Cleveland Guardians moved Bieber (to the Jays) and Sewald (to the Tigers), and did receive a very interesting prospect in return in the Bieber deal in P Stephen (#43).
Heavy Sellers
Both the Baltimore Orioles and Minnesota Twins moved anything that wasn't nailed down. The O's emptied their bullpen, cutting loose Dominguez, Gregory Soto, and Andrew Kittredge, and also dealt starter Charlie Morton and position players Urias, Ryan O'Hearn, Ramon Laureano and Cedric Mullins. They got a bevy of prospects in return, with P Juaron Watts-Brown (#25, from the Jays), P Boston Bateman (#53, Padres), P Wellington Aracena (#81, Mets) and Victor Figueroa (#137, Padres) the best among them. The Twins just might have torn it down to an even greater extent, moving Correa, Paddack, Jax, Varland, France, closer Jhoan Duran, reliever Brock Stewart, OF Harrison Bader and UT Willi Castro. They added five prospects ranked on my midseason lists, including three top 100 hitters/pitchers from the Phillies (#75 OF Hendry Mendez, #77 C Eduardo Tait and #86 P Mick Abel). P Ryan Gallagher (#35, Cubs) and #126 Roden were the other two. I prefer the Twins' return to the O's.
That leaves with the Athletics. Sure, they got arguably the best prospect moved at the deadline in SS Leodalis de Vries, but Mason Miller is a really tough concession. They also moved starter JP Sears to the Padres in the same deal that brought aboard solid pitching prospects Henry Baez (#135) and Braden Nett (#145). If de Vries clicks (his stock is a bit down this year), the A's position player nucleus becomes really dangerous.
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More than 100 countries were excluded altogether from this week's announcement, meaning their rate will stay at 10%. Meanwhile, a third group of about 30 countries will see higher rates ranging from 18% to 50%. Trump and his team are taking an approach that could simplify future negotiations and be more in line with global trade dynamics. Read more here. President Trump is moving forward on a new suite of tariff rates with an approach increasingly focused on grouping countries into tiers, as opposed to a previous approach of simply looking at the trade balance. The new approach remains heavily influenced by either a trade surplus or a deficit but has grown more complex — some might say more subjective — leading to some consolidation in rate levels and the lowering of rates for many countries to a key new standard of 15%. The new landscape was reflected in Thursday night's executive action announcing rates, which centered around the 15% rate set to be in place next week in about 40 countries. Countries facing that rate include major trading partners that recently struck deals, such as Europe and Japan, as well as smaller nations, from Afghanistan to Zimbabwe. More than 100 countries were excluded altogether from this week's announcement, meaning their rate will stay at 10%. Meanwhile, a third group of about 30 countries will see higher rates ranging from 18% to 50%. Trump and his team are taking an approach that could simplify future negotiations and be more in line with global trade dynamics. Read more here. Berkshire's consumer goods companies feel the sting of Trump's tariffs Not even the Oracle of Omaha can avoid the pinch of President Trump's trade war, it seems. Warren Buffett's Berkshire Hathaway said Saturday its consumer goods businesses felt the impact of Trump's trade policy, which raised tariffs on imported goods, Reuters reported: Read more here. Not even the Oracle of Omaha can avoid the pinch of President Trump's trade war, it seems. Warren Buffett's Berkshire Hathaway said Saturday its consumer goods businesses felt the impact of Trump's trade policy, which raised tariffs on imported goods, Reuters reported: Read more here. US has 'makings of a deal' with China, Bessent says Treasury Secretary said on X that the US has "makings of a deal" with China. Reuters reports: Read more here. Treasury Secretary said on X that the US has "makings of a deal" with China. Reuters reports: Read more here. Nike, Deckers, On Running among footwear stocks under pressure as Trump outlines latest tariff plans Footwear companies like Deckers (DECK), Nike (NKE), and On Holding (ONON) are under pressure from President Trump's tariff plans, including new rates released Thursday evening that range from 10% to 40%. Yahoo Finance's Brooke DiPalma reports: Read more here. Footwear companies like Deckers (DECK), Nike (NKE), and On Holding (ONON) are under pressure from President Trump's tariff plans, including new rates released Thursday evening that range from 10% to 40%. Yahoo Finance's Brooke DiPalma reports: Read more here. Stocks sink after Trump's latest tariff blitz Stocks came under pressure Friday after President Trump unveiled his plan for sweeping tariffs on almost all trading partners. Also weighing on sentiment were further signs of cracks in the labor market, punctuated by a weaker-than-expected jobs report released Friday morning. 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From watch makers to pharmaceutical companies the knock on effect of Trump's new tariffs will be felt. The new tariffs on Switzerland are part of a broader package announced by Trump on Thursday. But Swiss manufacturers warned on Friday that tens of thousands of jobs are at risk due to Trump's tariff hit. Trump's 39% tariffs on Swiss exports do exclude the country's drug sector, but pharmaceutical companies Novartis AG (NVS) and Roche Holding (RHHBY) were one of the 17 global pharma firms to receive a letter from Trump demanding lower prices. "It's a massive shock for the export industry and for the whole country. We are really stunned," said Jean-Philippe Kohl, deputy director of Swissmem, representing the mechanical and electrical engineering industries. Bloomberg News reports: Read more here. Switzerland's exporters are bracing for financial fallout from President Trump's 39% tariffs, one of the steepest rates globally in his escalating trade war. From watch makers to pharmaceutical companies the knock on effect of Trump's new tariffs will be felt. The new tariffs on Switzerland are part of a broader package announced by Trump on Thursday. But Swiss manufacturers warned on Friday that tens of thousands of jobs are at risk due to Trump's tariff hit. Trump's 39% tariffs on Swiss exports do exclude the country's drug sector, but pharmaceutical companies Novartis AG (NVS) and Roche Holding (RHHBY) were one of the 17 global pharma firms to receive a letter from Trump demanding lower prices. "It's a massive shock for the export industry and for the whole country. We are really stunned," said Jean-Philippe Kohl, deputy director of Swissmem, representing the mechanical and electrical engineering industries. Bloomberg News reports: Read more here. Trump unleashes delayed shock for global economy Four months after Donald Trump rattled markets by revealing steep tariff plans, his latest update has drawn a quieter response from investors. Still, average tariffs now sit at 15% - some of the highest since the 1930s - with rates rising further for countries that run trade surpluses with the US. So far, the global economy has absorbed the impact better than expected, but with the new tariffs kicking in that resilience may be tested. Bloomberg News reports: Read more here. Four months after Donald Trump rattled markets by revealing steep tariff plans, his latest update has drawn a quieter response from investors. Still, average tariffs now sit at 15% - some of the highest since the 1930s - with rates rising further for countries that run trade surpluses with the US. So far, the global economy has absorbed the impact better than expected, but with the new tariffs kicking in that resilience may be tested. Bloomberg News reports: Read more here. Copper set for weekly drop on LME after Trump's tariff surprise Copper (HG=F) prices edged higher on Friday but were on track for a weekly drop in London as the market took stock of President Trump's decision to exempt refined forms of the metal from hefty US import tariffs. Bloomberg News reports: Copper (HG=F) prices edged higher on Friday but were on track for a weekly drop in London as the market took stock of President Trump's decision to exempt refined forms of the metal from hefty US import tariffs. Bloomberg News reports: Bangladesh secures 20% US tariff for garments, exporters relieved Bangladesh has negotiated a 20% tariff on exports to the US. This tariff rate has reduced from the initial 37% proposed by President Trump and has brought some relief to the world's second-largest garment supplier. Reuters reports: Read more here. Bangladesh has negotiated a 20% tariff on exports to the US. This tariff rate has reduced from the initial 37% proposed by President Trump and has brought some relief to the world's second-largest garment supplier. Reuters reports: Read more here. BOJ: US tariffs could hit firms' profits, delay capex plans The Bank of Japan warned on Friday that profits of Japanese firms are likely to fall this year due to President Trump's US tariffs. This will lead many companies in Japan to downgrade capital expenditure plans. The central bank has signalled caution over an expected hit to the export-dependent economy. Reuters reports: Read more here. The Bank of Japan warned on Friday that profits of Japanese firms are likely to fall this year due to President Trump's US tariffs. This will lead many companies in Japan to downgrade capital expenditure plans. The central bank has signalled caution over an expected hit to the export-dependent economy. Reuters reports: Read more here. Trump hikes tariffs on Canada to 35%, outlines sweeping new duties on dozens of trade partners The White House took a step forward with President Trump's plan to remake the trade landscape by releasing new details Thursday evening that included a raft of new tariff rates now formally authorized by executive order, which set new levels from 15% to 40% on over 70 countries. The move represents a giant shakeup in the US's trade order, with outlined rates that range from a 35% tariff on Canada (up from 25%) to rates above 30% on nations from Algeria to Switzerland. But there's a last minute catch, as these new rates will not go into effect for seven days, instead of a midnight Friday deadline as originally planned — according to the text of the order. India, after initial high hopes for a deal that have bogged down in recent weeks, is set to face a 25% rate but now appears to have another week to negotiate. Taiwan is another top US trading partner and is set to see a 20% rate. The White House documentation released Thursday also confirmed some of the parameters of recent deals including 19%-20% rates on a range of Southeast Asian nations and an unchanged 10% rate on the United Kingdom. Dozens of other nations also saw their tariff rates upped to 15% from 10% — in line with deals sketched out in recent days that included that headline 15% tariff rate on Europe, South Korea, and Japan. But some nations were not included in Tuesday's release — those omitted included many nations with which the US currently has a trade surplus — who therefore are set to see their rates remain at 10%, in a surprise relief for some after comments from Trump in recent days suggested 15% would be his new minimum. Read more here. The White House took a step forward with President Trump's plan to remake the trade landscape by releasing new details Thursday evening that included a raft of new tariff rates now formally authorized by executive order, which set new levels from 15% to 40% on over 70 countries. The move represents a giant shakeup in the US's trade order, with outlined rates that range from a 35% tariff on Canada (up from 25%) to rates above 30% on nations from Algeria to Switzerland. But there's a last minute catch, as these new rates will not go into effect for seven days, instead of a midnight Friday deadline as originally planned — according to the text of the order. India, after initial high hopes for a deal that have bogged down in recent weeks, is set to face a 25% rate but now appears to have another week to negotiate. Taiwan is another top US trading partner and is set to see a 20% rate. The White House documentation released Thursday also confirmed some of the parameters of recent deals including 19%-20% rates on a range of Southeast Asian nations and an unchanged 10% rate on the United Kingdom. Dozens of other nations also saw their tariff rates upped to 15% from 10% — in line with deals sketched out in recent days that included that headline 15% tariff rate on Europe, South Korea, and Japan. But some nations were not included in Tuesday's release — those omitted included many nations with which the US currently has a trade surplus — who therefore are set to see their rates remain at 10%, in a surprise relief for some after comments from Trump in recent days suggested 15% would be his new minimum. Read more here. Trump extends Mexico's current tariff rates President Trump said he would extend Mexico's current tariff rates for another 90 days to allow for more time for negotiations. Mexico was facing tariffs of up to 35% on certain goods beginning on Friday. The reprieve came after Trump talked with Mexican President Claudia Sheinbaum. Imports from Mexico will still be subject to other tariffs, namely duties on metals and cars. President Trump said he would extend Mexico's current tariff rates for another 90 days to allow for more time for negotiations. Mexico was facing tariffs of up to 35% on certain goods beginning on Friday. The reprieve came after Trump talked with Mexican President Claudia Sheinbaum. Imports from Mexico will still be subject to other tariffs, namely duties on metals and cars. Brazil sees 35.9% of exports to US facing steeper tariff: Sources Reuters reports: Read more here. Reuters reports: Read more here. Trump: Tariffs are making 'America great and rich again' President Trump hit Truth Social again on Thursday posting that tariffs are making America "great and rich again." "ONE YEAR AGO, AMERICA WAS A DEAD COUNTRY, NOW IT IS THE 'HOTTEST'COUNTRY ANYWHERE IN THE WORLD. CONGRATULATIONS TO ALL!," Trump posted. The US president also had a message for Washington's federal appeal court judges, who Trump will be meeting today in order to defend his tariffs. "To all of my great lawyers who have fought so hard to save our Country, good luck in America's big case today. If our Country was not able to protect itself by using TARIFFS AGAINST TARIFFS, WE WOULD BE 'DEAD,' WITH NO CHANCE OF SURVIVAL OR SUCCESS. Thank you for your attention to this matter!" On the eve of Trump's tariff deadline the US president unleashed a flurry of surprises. With news of deals with Thailand, Cambodia and rumours of deals with Taiwan. Unless trading partners reach an agreement by tomorrow, many will face higher tariffs. President Trump hit Truth Social again on Thursday posting that tariffs are making America "great and rich again." "ONE YEAR AGO, AMERICA WAS A DEAD COUNTRY, NOW IT IS THE 'HOTTEST'COUNTRY ANYWHERE IN THE WORLD. CONGRATULATIONS TO ALL!," Trump posted. The US president also had a message for Washington's federal appeal court judges, who Trump will be meeting today in order to defend his tariffs. "To all of my great lawyers who have fought so hard to save our Country, good luck in America's big case today. If our Country was not able to protect itself by using TARIFFS AGAINST TARIFFS, WE WOULD BE 'DEAD,' WITH NO CHANCE OF SURVIVAL OR SUCCESS. Thank you for your attention to this matter!" On the eve of Trump's tariff deadline the US president unleashed a flurry of surprises. With news of deals with Thailand, Cambodia and rumours of deals with Taiwan. Unless trading partners reach an agreement by tomorrow, many will face higher tariffs. What's in the US-EU trade deal depends on who is doing the talking Yahoo Finance's Washington correspondent Ben Werschkul looks into the detail of the US-EU trade deal: Read more here. Yahoo Finance's Washington correspondent Ben Werschkul looks into the detail of the US-EU trade deal: Read more here. Trump back in court Thursday to defend the tariffs he plans to impose Friday US president Trump has already started to defend tariffs via his social media app Truth Social. Trump who will be meeting with US federal appeal court judges today posted that tariffs are making "America great and rich again." "To all of my great lawyers who have fought so hard to save our Country, good luck in America's big case today. If our Country was not able to protect itself by using TARIFFS AGAINST TARIFFS, WE WOULD BE 'DEAD,' WITH NO CHANCE OF SURVIVAL OR SUCCESS. Thank you for your attention to this matter!" Trump added. Yahoo Finance's senior legal reporter Alexis Keenan breaks down President Trump's face-off with the federal appeals court judges over his tariffs: Read more here. US president Trump has already started to defend tariffs via his social media app Truth Social. Trump who will be meeting with US federal appeal court judges today posted that tariffs are making "America great and rich again." "To all of my great lawyers who have fought so hard to save our Country, good luck in America's big case today. If our Country was not able to protect itself by using TARIFFS AGAINST TARIFFS, WE WOULD BE 'DEAD,' WITH NO CHANCE OF SURVIVAL OR SUCCESS. Thank you for your attention to this matter!" Trump added. Yahoo Finance's senior legal reporter Alexis Keenan breaks down President Trump's face-off with the federal appeals court judges over his tariffs: Read more here. Pakistan and US reach a trade agreement to develop oil reserves and reduce tariffs The US and Pakistan have announced that they have reached a trade agreement that would allow Washington to develop Pakistan's untapped oil reserves and lower tariffs for the South Asian country, officials from both nation's said on Thursday. AP reports: Read more here. The US and Pakistan have announced that they have reached a trade agreement that would allow Washington to develop Pakistan's untapped oil reserves and lower tariffs for the South Asian country, officials from both nation's said on Thursday. AP reports: Read more here. EU wine, spirits to face 15% US tariff from August 1: EU official Reuters reports: Read more here. Reuters reports: Read more here. Sign in to access your portfolio
