logo
19 New Southern U.S. Meeting Venues

19 New Southern U.S. Meeting Venues

Skift30-05-2025
From modern convention centers to luxury hotels, the South is leading the way in new properties.
According to the latest United States Construction Pipeline Trend Report from Lodging Econometrics, the three fastest-developing cities for hotel development are in the South: Dallas with 204 projects (23,669 rooms), Atlanta with 168 projects (19,431 rooms), and Nashville with 130 (17,029 rooms)
The types of venues being built and undergoing renovations run the gamut from convention centers (Broward County Convention Center in Fort Lauderdale, FL and the Savannah Convention Center in Savannah, GA) to gaming properties (Caesars Virginia in Danville, VA, the Coastal Convention Center at the Fontainebleau Miami Beach, and Live! Casino & Hotel in Shreveport, LA). Luxury entries abound, from chains including Salamander, JW Marriott, Fairmont, and LeMeridien.
Explore 135 exceptional new properties hand-picked for meeting and incentive planners
Here's what's new in the Southern U.S., and take a look at our just-released report on 135 hotels for meetings and incentive travel here.
1. Caesars Virginia
Danville, VA
Caesars Virginia features a 320-room hotel with more than 50,000 square feet of meeting and convention space. The property's main ballroom measures 29,150 square feet and can accommodate 2,500 attendees in theater style. It can be split into a maximum of eight rooms, with a small boardroom also available, along with three pre-function areas and one terrace. The newly constructed $650 million resort and casino offers multiple dining options, a full-service spa, pool, and shopping experiences.
2. Coastal Convention Center at Fontainebleau Miami Beach
Miami, FL
The Coastal Convention Center at Fontainebleau Miami Beach opened in December 2024 offering 45,000 square feet of event space including a 16,500-square-foot ballroom, which can hold up to 1,380 in theater style. The venue also offers a 9,500-square-foot junior ballroom and a 7,000-square-foot rooftop deck. The connected Fontainebleau Miami Beach offers 1,504 guest rooms, 200,000 square feet of event space, 10 dining options, pools, wellness facilities, and multiple entertainment options.
3. Delano Miami Beach (Renovation)
Miami, FL
After extensive renovations, Delano Miami Beach will reopen in late 2025. It will feature 171 guest rooms and numerous dining and retail options. Other amenities include a wellness studio and spa, a ground-floor pool, a new beachfront deck, and an additional pool on the fourth floor. While specific details have not yet been disclosed, the renovations will include exclusive areas for meetings and events.
4. Fairmont New Orleans
New Orleans, LA
Opening in the summer of 2025, Fairmont New Orleans is returning to New Orleans as part of a redevelopment of the 1010 Common Street building, the former Bank of New Orleans Building. The 250- room hotel will feature 20,000 square feet of event space including ballrooms, meeting rooms, a library and a business center. The hotel will offer three food and beverage options, a 10,000-square-foot spa, a rooftop bar, and a speakeasy overlooking the swimming pool with city views.
5. InterContinental San Antonio Riverwalk
San Antonio, TX
InterContinental San Antonio Riverwalk is a centrally located luxury hotel one mile from the Henry B. Gonzalez Convention Center and steps away from the city's River Walk. The 390-room hotel features over 18,000 square feet of meeting and event space, including a 8,200-square-foot ballroom, and 10 meeting rooms. Additional amenities include four on-site dining venues, a rooftop pool, a lounge, and direct access to a water taxi landing zone
6. JW Marriott at Reston Station
Reston, VA
The JW Marriott at Reston Station is scheduled to open in mid-2025 and is the brand's first property in Virginia. Standing more than 25 stories high, the 243-room hotel will have 35,000 square feet of meeting and event space, including a large ballroom with an outdoor veranda. The hotel will also offer a fitness center, garage parking with 24/7 valet service, and a JW executive club offering private outdoor terraces and a boardroom.
7. Le Méridien Washington, D.C., The Madison (Renovation)
Washington, D.C.
Washington's historic hotel, The Madison, is now the Le Méridien Washington, D.C., The Madison. It reopened in September 2024 following a $15 million redesign. One of the 356-room hotel's unique features is its close proximity to the White House and National Mall. Meeting space includes a ballroom with capacity for 500 in a reception or 300, theater style, and a total of 16 separate event spaces. Amenities include three dining options and a fitness center
8. Live! Casino & Hotel Louisiana
Shreveport-Bossier, LA
Live! Casino & Hotel Louisiana is a $270+ million resort and casino in Shreveport-Bossier. The 549-room property features 25,000 square feet of customizable event space including a performance stage, ballroom, multiple breakout rooms, a pre-function space, and an executive boardroom. The resort also offers more than 47,000 square feet of gaming space, a pool, fitness center, live entertainment and nightlife venues, and numerous dining options.
9. Margaritaville Hotel Kansas City
Kansas City, KS
Scheduled to open in spring 2025, Margaritaville Hotel Kansas City is a $150 million project located in Western Wyandotte County. The 229-room resort will feature 13,000 square feet of event space across eight rooms with adaptable layouts, the largest of which can hold up to 380 guests. The property will offer Margaritavill-einspired restaurants and bars, indoor and outdoor pools, a fitness center, and a rock-climbing wall.
10. OKANA Resort & Indoor Waterpark
Oklahoma City, OK
OKANA Resort & Indoor Waterpark is a newly opened, 404-room resort in Oklahoma City. Event space includes two ballrooms accommodating 780 guests and 547 guests in theater style. Four breakout rooms and two smaller boardrooms are complemented by a 1,500-seat amphitheater and an event lawn. The resort's main feature is its 100,000-square-foot indoor waterpark. It also offers 13 different eateries, a spa, and a fitness center.
11. Omni Fort Lauderdale Hotel
Fort Lauderdale, FL
Set to open in late fall 2025, Omni Fort Lauderdale Hotel is directly connected to the Broward County Convention Center. It will offer over 120,000 square feet of flexible meeting space, including ballrooms, pre-function areas, and smaller meeting rooms. The hotel features six dining venues, a rooftop lounge, pool deck, and spa. It is ideal suited for planners needing a mix of onsite meeting space with access to over 1.2 million square feet at the adjacent convention center.
12. Opal Sol
Clearwater, FL
Opal Sol opened in February 2025 featuring 248 guest rooms and 57,000 square feet of indoor and outdoor event space, including an 8,800-square-foot ballroom that can accommodate 950 in theater style. Three outdoor spaces complement the total of 10 event spaces. Next door and connected via a skybridge, the older Opal Sands offers 230 guest rooms and more than 49,000 square feet of indoor and outdoor event space. There are 10 dining venues between the two properties on offer for all guests.
13. Palmetto Marriott Resort & Spa
Palmetto, FL
Palmetto Marriott Resort & Spa is a 252-room hotel which opened last summer that offers 9,000 square feet of indoor event space including a ballroom capable of hosting 936 guests in theatre style. The property also connects with the 40,000-square-foot Bradenton Area Convention Center, which is currently undergoing a $50-million renovation scheduled for completion in 2026. The property features two pools, a spa, a fitness center, beach volleyball and pickleball courts, and five dining options.
14. Salamander Washington, DC (Renovation)
Washington, D.C.
The centrally located Salamander Washington DC, is near the Walter E. Washington Convention Center, Wharf dining and entertainment, and within walking distance of the National Mall. The newly renovated hotel offers 373 rooms with monument views, a new two-floor spa, a renovated club lounge, and 36,000 square feet of indoor/outdoor event space, including two ballrooms, garden rooms, and a grand lawn.
15. Santo Kimpton Hotel
San Antonio, TX
The Santo Kimpton Hotel opened in downtown San Antonio in the summer of 2024. The 347-room property is within walking distance of the Henry B. Gonzalez Convention Center and San Antonio River Walk. It offers more than 13,000 square feet of event space, including two divisible ballrooms, the largest of which can hold almost 600 guests in theater style, as well as five meeting rooms. The hotel offers one restaurant, one bar, and a rooftop pool and lounge.
16. Savannah Convention Center (Expansion)
Savannah, GA
Located across the river from downtown Savannah, the Savannah Convention Center recently unveiled its $276 million expansion that doubled the exhibit space to 200,000 square feet and added a new 40,000-square-foot ballroom with riverfront views. The venue's total event space has doubled, bringing it to 660,000 square feet. Other enhancements include a 58-foot-wide hangar door for oversized exhibits, floor-to-ceiling glass facades, and an adjacent ferry link to historic downtown.
17. The Cooper
Charleston, SC
Opening in 2025, The Cooper is a 196-room hotel on Charleston's waterfront, adjacent to Waterfront Park. It offers 20,000 square feet of indoor and outdoor event space, including a grand ballroom and conference areas. The design reflects the city's French Quarter aesthetic. Amenities include a full-service spa, fitness center, rooftop infinity pool, five restaurants, and access to a private marina with multiple yachts, providing planners with flexible options for both meetings and social events.
18. The St. Regis Longboat Key
Sarasota, FL
The St. Regis Longboat Key Resort is on Sarasota's barrier island across 18 beachfront acres. The resort opened in August 2024 with 168 guest rooms and 31,320 square feet of event space, including a ballroom capable of hosting 600 guests. It offers 800 feet of private beach access, six dining venues, a 20,000-square-foot spa and a lagoon showcasing the tropical aquatic environment. Guests can also enjoy the services of a dedicated Pool Butler, who is ready to assist both in and out of water.
19. Disney World Swan and Dolphin (Expansion)
Orlando, FL
In 2024, the Walt Disney World Swan and Dolphin announced a $275 million expansion project that will bring the total meeting space between its three buildings — the Swan, Dolphin, and Swan Reserve — to 469,000 square feet, including more than 349,000 square feet of indoor event space. Along with its 2,619 guest rooms the properties offer 99 meeting rooms (including six ballrooms), 110,500 square feet of contiguous exhibit space, and multiple outdoor function areas.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Local politicians react to Kettering mayor Lehner leaving elected office
Local politicians react to Kettering mayor Lehner leaving elected office

Yahoo

time30 minutes ago

  • Yahoo

Local politicians react to Kettering mayor Lehner leaving elected office

Aug. 5—After nearly three decades in elected office at the municipal and state level, Kettering Mayor Peggy Lehner will not seek another term. Her husband, Dr. James Lehner, is retired, so Lehner said she is going to enjoy retirement with him. "I have thoroughly enjoyed serving in the city, both as mayor and previously as council member and certainly as state legislator. I've enjoyed every minute of it," said Lehner, 75, who said it's time to give younger people a chance to step up. Although she will not hold political office, Lehner said there are still a lot of issues and needs in the greater community, particularly those affecting children and the poor. "I don't think any of us can afford to walk away from some of these public issues, and I don't intend to. I just won't do it as mayor, but I will serve as called and where I think I can make a difference," Lehner said. Elected mayor in November 2021, Lehner returned to the Kettering City Council where she was an at-large councilwoman from 1998-2008. She succeeded her longtime friend Don Patterson, the city's longest-serving mayor who spent 16 years in the role. They were both first elected to council seats in 1997 and served together for 10 years. "Peggy was impactful on everything she did," said Patterson, who added that he was honored to have served with her. During their shared time, the city of Kettering experienced a growth in population with new and expanded businesses to provide jobs for residents and the revenue needed to benefit the community. "We had a shared vision of what needed to be done," Patterson said. Returning to familiar surroundings as mayor, the issues facing the city were not. She provided leadership as the city navigated COVID-related health issues and the impact of the work-from-home trend. In the Ohio Statehouse, Lehner served for 12 years in Ohio House of Representatives and the Ohio Senate, where she led the education committee. As a state senator, the Republican in 2015 unveiled a bipartisan bill to overhaul Ohio's charter school system to bring more accountability and background checks. She also co-sponsored a bill requiring schools to notify parents within two hours if a child doesn't show up for school. "Peggy is the definition of a true public servant. She leads with heart, cares deeply about others, and has dedicated her career to improving and saving the lives of children through her work in education and health care," said U.S. Sen. Jon Husted, R-Ohio. "Tina and I wish her and Jim all the best in a well-earned retirement." Lehner said her first introduction to public issues was on the Ohio Ethics Commission, where she served from 1991-97. Before that, the mother of five children and grandmother of 14, including a grandson who died in October 2021 in a rowing accident, was president of Ohio Right to Life from 1984-88 and active at St. Albert the Great Catholic Church, where she served on the parish council from 1984-87. She credits Husted among others for encouraging her to run for Kettering City Council. She followed Husted to the Ohio Statehouse, where she was elected first to the House seat he vacated, then to his former Senate seat. After her election to the Ohio House, Lehner was in a unique situation when she was appointed to the Ohio Senate to fill out the last month of Jeff Jacobson's "lame duck" session before she assumed her House seat. Husted was House speaker so he was not able to fill his new seat early. She quit following his political path because he went up too high, she joked, serving as Ohio's secretary of state and lieutenant governor before his appointment to the U.S. Senate to fill Vice President JD Vance's seat. As she is winding down her public role, Lehner said the political climate is worrisome and that she is concerned it will deter people from stepping forward. "It's my sincerest hope that good people will continue to run for these public offices," she said. "We shape our own lives and we shape our own communities. And if we fail to do that, then I'm just fearful of the quality of communities we will have. So I really really encourage people to get involved and be part of finding solutions instead of creating problems." Three seek mayor's post Kyle Boze, a Fairmont High School teacher, and councilmen Bob Scott and Bryan Suddith have pulled petitions to run in the mayor's race, according to the Montgomery County Board of Elections website. Only Boze's petitions have been filed and certified, records show. The filing deadline is Aug. 21 for the Nov. 4 general election. Solve the daily Crossword

Can e.l.f. Keep Margins Pretty Despite Tariffs?
Can e.l.f. Keep Margins Pretty Despite Tariffs?

Yahoo

time30 minutes ago

  • Yahoo

Can e.l.f. Keep Margins Pretty Despite Tariffs?

E.l.f. Beauty (NYSE:ELF) reports fiscal Q1 2026 earnings after the bell on August 6. Analysts expect EPS of $0.84 on $352 million in revenue, which would mark high single-digit top-line growth as the company laps a 50% gain from Q1 last year. Despite being down 9% YTD, shares have rebounded more than 130% since April, reflecting optimism around the company's ability to mitigate the tariffs headwinds. Roughly 75% of e.l.f.'s products are sourced from China, and new U.S. tariffs implemented in mid-2025 are putting pressure on input its Q4 2025 call, management said it would raise prices by $1 across select items to offset the impact. Q1 results will offer the first glimpse at how that move is affecting volumes and whether consumers are absorbing the increase. Commentary on further mitigation, such as nearshoring, promotional shifts, or cost discipline, will be closely watched. Beyond tariffs, focus remains on viral growth and global execution. TikTok-driven awareness, new launches, and traction in markets like India and the UK will need to prove they can sustain both unit growth and profitability. With valuation still elevated, margin clarity and pricing elasticity will shape how investors digest Q1 results. This article first appeared on GuruFocus. Sign in to access your portfolio

Trump tariffs live updates: Trump says pharma tariffs could go to 250%, threatens EU if it fails on investment pledge
Trump tariffs live updates: Trump says pharma tariffs could go to 250%, threatens EU if it fails on investment pledge

Yahoo

time30 minutes ago

  • Yahoo

Trump tariffs live updates: Trump says pharma tariffs could go to 250%, threatens EU if it fails on investment pledge

President Trump on Tuesday said he would announce tariffs on semiconductor and pharmaceutical imports "within the next week or so," as he prepares to add more sectoral duties to his mix of tariffs. "We'll be putting a initially small tariff on pharmaceuticals, but in one year — one and a half years, maximum — it's going to go to 150%. And then it's going to go to 250%, because we want pharmaceuticals made in our country," Trump said during a CNBC interview. Trump also threatened the European Union with increased tariffs if it failed to live up to a pledge to invest some $600 billion in the US. Meanwhile, the world is awaiting Trump's country-specific duties and jockeying ahead of their implementation. India has called out Trump after he threatened to "substantially raise" tariffs on Indian exports over its Russian oil purchases, slamming the move as unjustified. India said it would protect its interest and accused the US of a double standard on trade with Russia. Trump has signed an order to hike tariffs on Canada to 35%, while setting rates from 10% to 40% on dozens of partners. Those duties are set to come into full effect this week. Yahoo Finance's Ben Werschkul has more details on the latest orders. You can see the new rates Trump is set to levy in the graphic below: In the past several days, Trump has unleashed a flurry of deals and trade moves leading up to his self-imposed deadline: Trump granted Mexico, the US's largest trading partner, a 90-day reprieve on higher tariffs. The US agreed to a trade deal with South Korea. The agreement includes a 15% tariff rate on imports from the country, while the US will not be charged a tariff on its exports, Trump said. Trump imposed 50% tariffs on semi-finished copper products starting Aug. 1. The president signed an order to end the de minimis exemption on low-value imports under $800, thereby applying tariffs from Aug. 29. Trump signed another order to impose a total of 50% tariffs on many goods from Brazil. However, it exempts key US imports like orange juice and aircraft parts that benefit Embraer (ERJ). The US and EU agreed to a trade deal that imposes 15% tariffs on EU goods. The nations are still working on finalizing many terms of the deal. Read more: What Trump's tariffs mean for the economy and your wallet Here are the latest updates as the policy reverberates around the world. Trump threatens EU with increased tariffs if it doesn't meet investment pledge President Trump threatened to hike tariffs on the European Union back to 35% if the bloc fails to live up to a pledge to invest some $600 billion in the US. "A couple of countries came [and said], 'How come the EU is paying less than us?' And I said well, because they gave me $600 billion," Trump said during a CNBC interview. "And that's a gift, that's not like, you know, a loan," he said, claiming that the terms allow the US to direct where the EU invests. Trump says pharma duties could go to 250% President Trump said he would announce tariffs on semiconductor and pharmaceutical imports "within the next week or so." "We'll be putting a initially small tariff on pharmaceuticals, but in one year — one and a half years, maximum — it's going to go to 150%. And then it's going to go to 250%, because we want pharmaceuticals made in our country," Trump said during a CNBC interview. He said semiconductor and chip tariffs would be in a "different category." US tariff on EU goods set at flat 15% The EU said on Tuesday that European Union goods entering the US face a flat 15% tariff, including cars and car parts. The rate includes the Most Favoured Nation (MFN) tariff and won't exceed 15% even if the US raises tariffs on items like semiconductors and medicines. The EU said it still expects turbulence in its trade dealings with the US. Reuters reports: Read more here. India hits back at Trump's tariff threat India has called out President Trump after he threatened to "substantially raise" tariffs on Indian exports over its Russian oil purchases, slamming the move as unjustified. New Delhi said it would take all necessary steps to protect its economic interests. Bloomberg News reports: Read more here. Nvidia partner Hon Hai's July sales growth weakened by tariffs Nvidia's (NVDA) main server assembly partner Hon Hai Precision ( reported a sales slowdown for July due to US tariffs. Bloomberg News reports: Read more here. Mazda forecasts nearly $1B profit hit from US tariffs Reuters reports: Read more here. Diageo warns of $200M tariff hit Diageo (DEO) warned of a $200 million impact from tariffs on Tuesday and forecast flat full-year sales, after a periof of demand, share price turbulence and a sudden CEO exit. Reuters reports: Read more here. Trump administration posts guidance on tariff rollout Bloomberg News reports: Read more here. Rolex, luxury watchmakers brace for Trump's tariffs on Swiss imports Yahoo Finance's Pras Subramanian reports: Read more here. Trump says he will 'substantially' raise tariffs on India President Trump said on Monday he will "substantially" raise tariffs on India. Stocks still remained in rally mode following Friday's sell-off. "India is not only buying massive amounts of Russian Oil, they are then, for much of the Oil purchased, selling it on the Open Market for big profits," wrote Trump on Monday morning. "They don't care how many people in Ukraine are being killed by the Russian War Machine. Because of this, I will be substantially raising the Tariff paid by India to the USA," he added. President Trump's sweeping tariffs are set to come into full effect later this week. Last week, Trump announced a 25% tariff on goods from India, plus an additional import tax because of the country's purchasing of Russian oil. Swiss prepare 'more attractive offer' to US to avert 39% tariff Bloomberg reports: Read more here. EU to suspend US tariff countermeasures for 6 months The European Union announced on Monday that it would suspend its two packages of US tariff countermeasures for 6 months. This follows the trade deal the US and EU reached last week Sunday. Reuters reports: Read more here. Swiss gold trading takes spotlight in trade talks with Trump President Trump's tariffs on Switzerland were prompted by the country being the world's largest hub for gold refining. Gold flows in from places like South America, Africa and gets processed in Switzerland and then exported to countries like the US. This gold trade makes Switzerland's exports to the US look large and the refiners don't get to keep most of the profits. Bloomberg News: Read more here. Greer says US-China talks 'about halfway there' on rare earths US Trade Representative Jamieson Greer said on Sunday that rare earths were a key focus in last week's Stockholm talks. He told CBS the US had secured supply commitments from China but noted the two sides are "about halfway there." Bloomberg News reports: Read more here. Swatch CEO calls on Swiss president to meet Trump to solve tariff dispute Swiss stocks took a hit on Monday as the market reopened after a holiday. Worries about the impact of President Trump's 39% export tariffs and a push for drugmakers to lower prices have caused tension in the market. In addition, Swatch Group ( Chief Executive Nick Hayek called on Swiss President Karin Keller-Sutter to meet President Trump in Washington to negotiate a better deal than the 39% tariffs announced on Swiss imports into the United States. Hayek told Reuters on Monday he was confident an agreement could still be reached before the tariffs, which were announced on Friday, went into effect on Aug. 7. Bloomberg News reports: Read more here. Malaysia agrees to boost tech, LNG purchases from US as part of trade deal Reuters reports: Read more here. Trump presses India, China to halt Russian oil buys as trade talks roll on The US and China are making progress on a trade deal, but a major sticking point remains: Washington wants Beijing to stop buying oil from Iran and Russia. China has pushed back, saying it will secure energy based on its own national interests. 'China will always ensure its energy supply in ways that serve our national interests,' China's Foreign Ministry posted on X on Wednesday following two days of trade negotiations in Stockholm, responding to the U.S. threat of a 100% tariff. 'Coercion and pressuring will not achieve anything. China will firmly defend its sovereignty, security and development interests," the ministry said. In India, Prime Minister Narendra Modi has rejected pressure from President Trump, encouraging people to buy local goods. India has not told its oil refiners to stop purchasing Russian oil, and those decisions remain up to each company. 'The world economy is going through many apprehensions — there is an atmosphere of instability,' Modi said at a rally in the northern state of Uttar Pradesh on Saturday. 'Now, whatever we buy, there should be only one scale: we will buy those things which have been made by the sweat of an Indian.' Japan PM: Win-win trade deal with US may be hard to implement Bloomberg News reports: Read more here. Trump tariff policy leaves some partners losers but few winners WASHINGTON (AP) — President Donald Trump's tariff onslaught left a lot of losers — from small, poor countries like Laos and Algeria to wealthy U.S. trading partners like Canada and Switzerland. They're now facing especially hefty taxes – tariffs – on the products they export to the United States starting Aug. 7. The closest thing to winners may be the countries that caved to Trump's demands — and avoided even more pain. But it's unclear whether anyone will be able to claim victory in the long run — even the United States, the intended beneficiary of Trump's protectionist policies. 'In many respects, everybody's a loser here,'' said Barry Appleton, co-director of the Center for International Law at the New York Law School. Barely six months after he returned to the White House, Trump has demolished the old global economic order. Gone is one built on agreed-upon rules. In its place is a system in which Trump himself sets the rules, using America's enormous economic power to punish countries that won't agree to one-sided trade deals and extracting huge concessions from the ones that do. Read more here. Switzerland business minister says it could revise tariffs offer ZURICH (Reuters) -The Swiss government is open to revising its offer to the United States in response to planned heavy tariffs, Business Minister Guy Parmelin said, as experts warned the 39% import duties announced by President Donald Trump could trigger a recession in Switzerland. Switzerland was left stunned on Friday after Trump hit the country with one of the highest tariffs in his global trade reset, with industry associations warning of tens of thousands of jobs being put at risk. The country's cabinet will hold a special meeting on Monday to discuss its next steps, with Parmelin telling broadcaster RTS that the government would move quickly before the U.S. tariffs are imposed on August 7. "We need to fully understand what happened, why the U.S. president made this decision. Once we have that on the table, we can decide how to proceed," Parmelin said. Read more here. Trump threatens EU with increased tariffs if it doesn't meet investment pledge President Trump threatened to hike tariffs on the European Union back to 35% if the bloc fails to live up to a pledge to invest some $600 billion in the US. "A couple of countries came [and said], 'How come the EU is paying less than us?' And I said well, because they gave me $600 billion," Trump said during a CNBC interview. "And that's a gift, that's not like, you know, a loan," he said, claiming that the terms allow the US to direct where the EU invests. President Trump threatened to hike tariffs on the European Union back to 35% if the bloc fails to live up to a pledge to invest some $600 billion in the US. "A couple of countries came [and said], 'How come the EU is paying less than us?' And I said well, because they gave me $600 billion," Trump said during a CNBC interview. "And that's a gift, that's not like, you know, a loan," he said, claiming that the terms allow the US to direct where the EU invests. Trump says pharma duties could go to 250% President Trump said he would announce tariffs on semiconductor and pharmaceutical imports "within the next week or so." "We'll be putting a initially small tariff on pharmaceuticals, but in one year — one and a half years, maximum — it's going to go to 150%. And then it's going to go to 250%, because we want pharmaceuticals made in our country," Trump said during a CNBC interview. He said semiconductor and chip tariffs would be in a "different category." President Trump said he would announce tariffs on semiconductor and pharmaceutical imports "within the next week or so." "We'll be putting a initially small tariff on pharmaceuticals, but in one year — one and a half years, maximum — it's going to go to 150%. And then it's going to go to 250%, because we want pharmaceuticals made in our country," Trump said during a CNBC interview. He said semiconductor and chip tariffs would be in a "different category." US tariff on EU goods set at flat 15% The EU said on Tuesday that European Union goods entering the US face a flat 15% tariff, including cars and car parts. The rate includes the Most Favoured Nation (MFN) tariff and won't exceed 15% even if the US raises tariffs on items like semiconductors and medicines. The EU said it still expects turbulence in its trade dealings with the US. Reuters reports: Read more here. The EU said on Tuesday that European Union goods entering the US face a flat 15% tariff, including cars and car parts. The rate includes the Most Favoured Nation (MFN) tariff and won't exceed 15% even if the US raises tariffs on items like semiconductors and medicines. The EU said it still expects turbulence in its trade dealings with the US. Reuters reports: Read more here. India hits back at Trump's tariff threat India has called out President Trump after he threatened to "substantially raise" tariffs on Indian exports over its Russian oil purchases, slamming the move as unjustified. New Delhi said it would take all necessary steps to protect its economic interests. Bloomberg News reports: Read more here. India has called out President Trump after he threatened to "substantially raise" tariffs on Indian exports over its Russian oil purchases, slamming the move as unjustified. New Delhi said it would take all necessary steps to protect its economic interests. Bloomberg News reports: Read more here. Nvidia partner Hon Hai's July sales growth weakened by tariffs Nvidia's (NVDA) main server assembly partner Hon Hai Precision ( reported a sales slowdown for July due to US tariffs. Bloomberg News reports: Read more here. Nvidia's (NVDA) main server assembly partner Hon Hai Precision ( reported a sales slowdown for July due to US tariffs. Bloomberg News reports: Read more here. Mazda forecasts nearly $1B profit hit from US tariffs Reuters reports: Read more here. Reuters reports: Read more here. Diageo warns of $200M tariff hit Diageo (DEO) warned of a $200 million impact from tariffs on Tuesday and forecast flat full-year sales, after a periof of demand, share price turbulence and a sudden CEO exit. Reuters reports: Read more here. Diageo (DEO) warned of a $200 million impact from tariffs on Tuesday and forecast flat full-year sales, after a periof of demand, share price turbulence and a sudden CEO exit. Reuters reports: Read more here. Trump administration posts guidance on tariff rollout Bloomberg News reports: Read more here. Bloomberg News reports: Read more here. Rolex, luxury watchmakers brace for Trump's tariffs on Swiss imports Yahoo Finance's Pras Subramanian reports: Read more here. Yahoo Finance's Pras Subramanian reports: Read more here. Trump says he will 'substantially' raise tariffs on India President Trump said on Monday he will "substantially" raise tariffs on India. Stocks still remained in rally mode following Friday's sell-off. "India is not only buying massive amounts of Russian Oil, they are then, for much of the Oil purchased, selling it on the Open Market for big profits," wrote Trump on Monday morning. "They don't care how many people in Ukraine are being killed by the Russian War Machine. Because of this, I will be substantially raising the Tariff paid by India to the USA," he added. President Trump's sweeping tariffs are set to come into full effect later this week. Last week, Trump announced a 25% tariff on goods from India, plus an additional import tax because of the country's purchasing of Russian oil. President Trump said on Monday he will "substantially" raise tariffs on India. Stocks still remained in rally mode following Friday's sell-off. "India is not only buying massive amounts of Russian Oil, they are then, for much of the Oil purchased, selling it on the Open Market for big profits," wrote Trump on Monday morning. "They don't care how many people in Ukraine are being killed by the Russian War Machine. Because of this, I will be substantially raising the Tariff paid by India to the USA," he added. President Trump's sweeping tariffs are set to come into full effect later this week. Last week, Trump announced a 25% tariff on goods from India, plus an additional import tax because of the country's purchasing of Russian oil. Swiss prepare 'more attractive offer' to US to avert 39% tariff Bloomberg reports: Read more here. Bloomberg reports: Read more here. EU to suspend US tariff countermeasures for 6 months The European Union announced on Monday that it would suspend its two packages of US tariff countermeasures for 6 months. This follows the trade deal the US and EU reached last week Sunday. Reuters reports: Read more here. The European Union announced on Monday that it would suspend its two packages of US tariff countermeasures for 6 months. This follows the trade deal the US and EU reached last week Sunday. Reuters reports: Read more here. Swiss gold trading takes spotlight in trade talks with Trump President Trump's tariffs on Switzerland were prompted by the country being the world's largest hub for gold refining. Gold flows in from places like South America, Africa and gets processed in Switzerland and then exported to countries like the US. This gold trade makes Switzerland's exports to the US look large and the refiners don't get to keep most of the profits. Bloomberg News: Read more here. President Trump's tariffs on Switzerland were prompted by the country being the world's largest hub for gold refining. Gold flows in from places like South America, Africa and gets processed in Switzerland and then exported to countries like the US. This gold trade makes Switzerland's exports to the US look large and the refiners don't get to keep most of the profits. Bloomberg News: Read more here. Greer says US-China talks 'about halfway there' on rare earths US Trade Representative Jamieson Greer said on Sunday that rare earths were a key focus in last week's Stockholm talks. He told CBS the US had secured supply commitments from China but noted the two sides are "about halfway there." Bloomberg News reports: Read more here. US Trade Representative Jamieson Greer said on Sunday that rare earths were a key focus in last week's Stockholm talks. He told CBS the US had secured supply commitments from China but noted the two sides are "about halfway there." Bloomberg News reports: Read more here. Swatch CEO calls on Swiss president to meet Trump to solve tariff dispute Swiss stocks took a hit on Monday as the market reopened after a holiday. Worries about the impact of President Trump's 39% export tariffs and a push for drugmakers to lower prices have caused tension in the market. In addition, Swatch Group ( Chief Executive Nick Hayek called on Swiss President Karin Keller-Sutter to meet President Trump in Washington to negotiate a better deal than the 39% tariffs announced on Swiss imports into the United States. Hayek told Reuters on Monday he was confident an agreement could still be reached before the tariffs, which were announced on Friday, went into effect on Aug. 7. Bloomberg News reports: Read more here. Swiss stocks took a hit on Monday as the market reopened after a holiday. Worries about the impact of President Trump's 39% export tariffs and a push for drugmakers to lower prices have caused tension in the market. In addition, Swatch Group ( Chief Executive Nick Hayek called on Swiss President Karin Keller-Sutter to meet President Trump in Washington to negotiate a better deal than the 39% tariffs announced on Swiss imports into the United States. Hayek told Reuters on Monday he was confident an agreement could still be reached before the tariffs, which were announced on Friday, went into effect on Aug. 7. Bloomberg News reports: Read more here. Malaysia agrees to boost tech, LNG purchases from US as part of trade deal Reuters reports: Read more here. Reuters reports: Read more here. Trump presses India, China to halt Russian oil buys as trade talks roll on The US and China are making progress on a trade deal, but a major sticking point remains: Washington wants Beijing to stop buying oil from Iran and Russia. China has pushed back, saying it will secure energy based on its own national interests. 'China will always ensure its energy supply in ways that serve our national interests,' China's Foreign Ministry posted on X on Wednesday following two days of trade negotiations in Stockholm, responding to the U.S. threat of a 100% tariff. 'Coercion and pressuring will not achieve anything. China will firmly defend its sovereignty, security and development interests," the ministry said. In India, Prime Minister Narendra Modi has rejected pressure from President Trump, encouraging people to buy local goods. India has not told its oil refiners to stop purchasing Russian oil, and those decisions remain up to each company. 'The world economy is going through many apprehensions — there is an atmosphere of instability,' Modi said at a rally in the northern state of Uttar Pradesh on Saturday. 'Now, whatever we buy, there should be only one scale: we will buy those things which have been made by the sweat of an Indian.' The US and China are making progress on a trade deal, but a major sticking point remains: Washington wants Beijing to stop buying oil from Iran and Russia. China has pushed back, saying it will secure energy based on its own national interests. 'China will always ensure its energy supply in ways that serve our national interests,' China's Foreign Ministry posted on X on Wednesday following two days of trade negotiations in Stockholm, responding to the U.S. threat of a 100% tariff. 'Coercion and pressuring will not achieve anything. China will firmly defend its sovereignty, security and development interests," the ministry said. In India, Prime Minister Narendra Modi has rejected pressure from President Trump, encouraging people to buy local goods. India has not told its oil refiners to stop purchasing Russian oil, and those decisions remain up to each company. 'The world economy is going through many apprehensions — there is an atmosphere of instability,' Modi said at a rally in the northern state of Uttar Pradesh on Saturday. 'Now, whatever we buy, there should be only one scale: we will buy those things which have been made by the sweat of an Indian.' Japan PM: Win-win trade deal with US may be hard to implement Bloomberg News reports: Read more here. Bloomberg News reports: Read more here. Trump tariff policy leaves some partners losers but few winners WASHINGTON (AP) — President Donald Trump's tariff onslaught left a lot of losers — from small, poor countries like Laos and Algeria to wealthy U.S. trading partners like Canada and Switzerland. They're now facing especially hefty taxes – tariffs – on the products they export to the United States starting Aug. 7. The closest thing to winners may be the countries that caved to Trump's demands — and avoided even more pain. But it's unclear whether anyone will be able to claim victory in the long run — even the United States, the intended beneficiary of Trump's protectionist policies. 'In many respects, everybody's a loser here,'' said Barry Appleton, co-director of the Center for International Law at the New York Law School. Barely six months after he returned to the White House, Trump has demolished the old global economic order. Gone is one built on agreed-upon rules. In its place is a system in which Trump himself sets the rules, using America's enormous economic power to punish countries that won't agree to one-sided trade deals and extracting huge concessions from the ones that do. Read more here. WASHINGTON (AP) — President Donald Trump's tariff onslaught left a lot of losers — from small, poor countries like Laos and Algeria to wealthy U.S. trading partners like Canada and Switzerland. They're now facing especially hefty taxes – tariffs – on the products they export to the United States starting Aug. 7. The closest thing to winners may be the countries that caved to Trump's demands — and avoided even more pain. But it's unclear whether anyone will be able to claim victory in the long run — even the United States, the intended beneficiary of Trump's protectionist policies. 'In many respects, everybody's a loser here,'' said Barry Appleton, co-director of the Center for International Law at the New York Law School. Barely six months after he returned to the White House, Trump has demolished the old global economic order. Gone is one built on agreed-upon rules. In its place is a system in which Trump himself sets the rules, using America's enormous economic power to punish countries that won't agree to one-sided trade deals and extracting huge concessions from the ones that do. Read more here. Switzerland business minister says it could revise tariffs offer ZURICH (Reuters) -The Swiss government is open to revising its offer to the United States in response to planned heavy tariffs, Business Minister Guy Parmelin said, as experts warned the 39% import duties announced by President Donald Trump could trigger a recession in Switzerland. Switzerland was left stunned on Friday after Trump hit the country with one of the highest tariffs in his global trade reset, with industry associations warning of tens of thousands of jobs being put at risk. The country's cabinet will hold a special meeting on Monday to discuss its next steps, with Parmelin telling broadcaster RTS that the government would move quickly before the U.S. tariffs are imposed on August 7. "We need to fully understand what happened, why the U.S. president made this decision. Once we have that on the table, we can decide how to proceed," Parmelin said. Read more here. ZURICH (Reuters) -The Swiss government is open to revising its offer to the United States in response to planned heavy tariffs, Business Minister Guy Parmelin said, as experts warned the 39% import duties announced by President Donald Trump could trigger a recession in Switzerland. Switzerland was left stunned on Friday after Trump hit the country with one of the highest tariffs in his global trade reset, with industry associations warning of tens of thousands of jobs being put at risk. The country's cabinet will hold a special meeting on Monday to discuss its next steps, with Parmelin telling broadcaster RTS that the government would move quickly before the U.S. tariffs are imposed on August 7. "We need to fully understand what happened, why the U.S. president made this decision. Once we have that on the table, we can decide how to proceed," Parmelin said. Read more here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store