Trump Says He'll Send Tariff Letters to More Than 150 Countries
'We'll have well, over 150 countries that we're just going to send a notice of payment out, and the notice of payment is going to say what the tariff' rate will be, Trump told reporters on Wednesday at the White House. 'It's all going to be the same for everyone, for that group.'
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
15 minutes ago
- Yahoo
Jessica Tarlov also wasn't the least bit concerned about Barack Obama's prosecution.
Fox News host Jessica Tarlov shut down the Trump administration's 'preposterous' attacks on Hillary Clinton, Barack Obama and others amid questions about the president's relationship with sex offender Jeffrey Epstein. On The Five, Tarlov first dismissed co-host Kennedy's suggestion that the former president may have to 'worry' about being prosecuted. 'No, I actually don't think that anybody is sweating any piece of this,' Tarlov said, citing the protection that former presidents have from prosecution thanks to the Supreme Court.
Yahoo
15 minutes ago
- Yahoo
Gold flat as easing trade tensions offset support from weak dollar
By Brijesh Patel (Reuters) -Gold prices held steady on Thursday after a sharp drop in the previous session, as easing trade tensions dented demand for safe-haven assets, overshadowing support from a weaker dollar. Spot gold was flat at $3,387.15 per ounce, as of 0138 GMT, after dropping 1.3% in the previous session. U.S. gold futures eased 0.1% to $3,492.50. "Yesterday, we saw gold prices seems like well might be building up for the next bullish run until the news came out on trade front, triggering some profit-taking," said Brian Lan, managing director at GoldSilver Central, Singapore. "We've seen the dollar has also weakened quite a bit, and of course, this also supports gold. So, I think this is a small retracement at this moment. We are, in fact, still quite bullish on gold." Signalling progress on tariffs, U.S. President Donald Trump struck a trade deal with Japan that lowers tariffs on auto imports. The European Union and the United States are nearing an agreement on a similar trade deal that would impose 15% tariffs on European imports, while waiving duties on some items, according to officials from the European Commission. Risk sentiment in the wider financial markets rose on the back of progress in trade talks and hopes that more deals could be in the offering. [MKTS/GLOB] Offering support to gold, the U.S. dollar index fell to a more than two-week low, making greenback-priced bullion less expensive for other currency holders. Investors also look forward to a rate decision from the European Central Bank due later in the day. Also on the radar, the U.S. weekly jobless claims numbers on Thursday and S&P Global's flash PMI data will be eyed to gauge economic health ahead of the Federal Reserve's monetary policy decision next week. Spot silver slipped 0.3% to $39.16 per ounce, platinum was steady at $1,411.53 and palladium dipped 1% to $1,265.50.
Yahoo
15 minutes ago
- Yahoo
China a critical partner to Europe, Xinhua says hours before leaders meet
BEIJING (Reuters) -China is a "critical partner" to Europe with a range of shared interests, state news agency Xinhua said in a commentary piece, downplaying Beijing's rivalry with the European Union bloc hours before a key summit between leaders of both sides on Thursday. "As the international landscape grows increasingly fraught, the anniversary offers a timely reminder: China is a critical partner to Europe, not a systemic rival," Xinhua wrote, underscoring the conciliatory tone China appeared to be willing to take during the summit if the EU corresponded. Xinhua said the distinction between partner and rival mattered, pointing out common interests including trade, climate, and global governance. "These areas of common ground should not be eclipsed by isolated points of friction," it said. European Commission President Ursula von der Leyen and European Council President António Costa are in Beijing for high-level meetings with China's President Xi Jinping and Premier Li Qiang. The summit, marking the 50th anniversary of diplomatic relations between the EU and China, will be dominated by trade tensions over electric vehicles, market access and Chinese industrial overcapacity. Expectations for the summit are low after weeks of escalating tensions over tit-for-tat trade disputes, hawkish rhetoric from EU leaders and wrangling over the format of the summit, which was abruptly shortened from two days to one at Beijing's request. "Like all major economic players, China and the EU do not agree on everything. But disagreement does not equal confrontation," Xinhua said, adding that the relationship needs more trust.
