Trump tariffs live updates: Trump says tariffs will range from 15% to 50% for trade partners
"We'll have a straight, simple tariff of anywhere between 15% and 50%," the president said at an AI summit in Washington, D.C. "We have 50 because we haven't been getting along with those countries too well."
Previously, Trump had made comments suggesting tariff rates would remain lower, around 10% or 15%.
Meanwhile, the US and European Union are closing in on a trade and tariff deal, multiple reports said Wednesday, even as the EU prepared a possible retaliatory package on over $100 billion worth of US goods.
The Financial Times reported that the deal would see US tariffs on EU imports dip to 15%, instead of the 30% President Trump has threatened from Aug. 1. Bloomberg reported the 15% tariff rate would apply to "most products."
Such a deal would be similar to one Trump announced with Japan on Tuesday, which includes a 15% tariff on imported goods, while the country will invest $550 billion into the US.
Earlier on Tuesday, Trump also said the US had also struck a trade deal with the Philippines, which will see the country's imports face a 19% tariff into the US. Trump said US exports will face no import tax in the Philippines as part of the deal.
The White House also unveiled new details of a confirmed trade agreement with Indonesia too. Yahoo Finance's Ben Werschkul reported that a 19% tariff will apply to Indonesian goods, as well as a 40% rate on any 'transhipped' goods. US officials said no tax would apply to "99%" of US imports.
The deal developments come as prospects for larger pacts with India and Canada remain in question. Trump has threatened 25% to 35% tariffs on those larger trade partners.
Trump has also said he would soon send letters to over 150 smaller US trade partners, setting blanket tariff rates for that large group. Trump has already sent letters to over 20 trade partners outlining tariffs on goods imported from their countries.
Treasury Secretary Scott Bessent on Tuesday said he expected many deals to take shape over the next several days.
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.
EU, US reportedly close in on trade deal
The Financial Times reports:
And more from Bloomberg:
Read more here.
Trump says he will trade 'Tariff points' for open markets to the US
President Trump pushed one of his priorities in negotiating trade deals on Wednesday, and it wasn't exactly trade deficits. He suggested the US would reduce tariffs in exchange for countries opening their markets, i.e., putting zero tariffs on American-made products.
"I will always give up Tariff points if I can get major countries to OPEN THEIR MARKETS TO THE USA," Trump posted on Truth Social. "Another great power of Tariffs. Without them, it would be impossible to get countries to OPEN UP!!! ALWAYS, ZERO TARIFFS TO AMERICA!!!"
Trump's social media post came after the European Union announced it was preparing countermeasures against US tariffs, including a 30% tariff on over $100 billion worth of goods. Meanwhile, Indonesia agreed to drop its tariffs on US goods to 0% for 99% of trade.
Detroit Three automakers raise concerns about Japan trade deal
A group representing General Motors (GM) Ford (F) and Chrysler-parent Stellantis (STLA) raised concerns on Tuesday about the US-Japan trade deal, which could cut tariffs on auto imports from Japan to 15% while leaving tariffs on imports from Canada and Mexico at 25%.
Reuters reports:
Read more here.
SAP falls as trade war concerns temper strong cloud growth
Bloomberg News:
Read more here.
EU readies over $100B no-deal plan to match US 30% tariff
The European Union announced on Wednesday it plans to hit the US with 30% tariffs on over $100 billion worth of goods in the event that no deal is made and if President Trump decides to follow through with his threat to impose that rate on most of the bloc's exports after Aug. 1.
A European Commission spokesman said that the first part of countermeasures would combine an already approved list of tariffs on $24 billion of US goods and a previously proposed list on an additional on $83 billion of American products into one package.
The US exports, which would include goods such as Boeing (BA) aircraft, US-made cars and bourbon whiskey would all face heavy tariffs that match Trump's 30% threat.
Bloomberg News reports:
Read more here.
European auto shares rally after US-Japan trade deal
Bloomberg News reports:
Read more here.
Copper-laden ships race to reach US ahead of Trump's 50% tariffs
At least four ships are rushing to reach US ports before August to avoid new import tariffs, a report from Bloomberg News claimed on Wednesday.
Bloomberg News:
Read more here.
Enphase falls on downbeat outlook as Trump policies hit
Enphase Energy (ENPH) said on Tuesday that steep import tariffs had impacted its gross margin, causing the solar panel maker's shares to fall 6% in premarket trading on Wednesday.
Enphase forecast third-quarter revenue below Wall Street estimates on Tuesday and said President Donald Trump's import tariffs had impacted its earnings.
Reuters reports:
Read more here.
Taiwan aims to strike deal with US in new round of talks
Bloomberg News reports:
Read more here.
Japanese auto stocks surge as US announces lower-than-expected tariffs
Shares of Japanese automakers pumped after US President Donald Trump announced a trade deal with Japan, lowering the previously discussed 25% auto tariffs on Japanese vehicles to 15%.
Trump hailed the deal as the 'largest Deal ever,' claiming Japan would invest $550 billion in the US and allow greater access to its markets, including for American autos, trucks, and agricultural goods.
Honda (HMC) surged 9.8%, Toyota (TM) jumped 13.9%, Nissan (7222.T) gained over 5%, and Mazda (7261.T) soared 17.7%. Mitsubishi Motors (7211.T) rose over 12%.
According to Japan's NHK, the revised tariff structure includes a 12.5% cut plus a 2.5% 'Most Favored Nation' base rate. The move comes as Japanese auto exports to the US have suffered, plunging 26.7% in June.
Read more here.
Trump: 'I've just signed the largest trade deal in history with Japan'
President Trump announced overnight that his team and Japan have finally reached a trade deal, which includes a 15% tariff on imported goods from Japan, and the country will invest $550 billion into the US.
Trump, who made the announcement during a White House reception with members of Congress and later on Truth Social, called it the "largest trade deal in history" in reference to Japan.
The deal wasn't easy to achieve. Japan's Prime Minister Shigeru Ishiba had hoped to speak with Trump at the G-7 meeting back in June, but earlier this month Trump said Japan was "spoiled" and doubted a deal would happen.
The two sides have come a long way, with Ishiba remaining stoic yet firm to maintain his country's trust while trying to reach an agreement with the US.
Bloomberg News reports:
Read more here.
Trump announces new details on trade pact with Indonesia
President Trump and his team released new details of a pact announced last week with Indonesia, confirming plans for a 19% tariff on the country and adding a 40% rate on any 'transhipped' goods.
The more complete framework of the deal is further confirmation of an agreement with America's 23rd largest trading partner that will avert 32% tariffs that Trump threatened previously. It also stipulates that 'Indonesia is going to drop its tariffs to 0% on over 99% of its trade,' a senior White House official said Tuesday.
The official added that the deal includes the elimination of non-tariff barriers that Trump's team say hinders American companies, including in areas like pre-shipment inspection requirements, motor vehicle safety standards, and restrictions around US medical devices and pharmaceuticals.
The exact definition of how Trump defines transshipped goods has been a matter of some debate in recent weeks. The deal with Indonesia includes goods not just re-labeled but made with a significant portion of components from a third country and then assembled in Indonesia. It's a provision also included in a recent deal with Vietnam and is clearly aimed at China.
Indonesian negotiators previously confirmed that a deal had been struck but not all details, with the country president's spokesperson telling Reuters the negotiations had been 'an extraordinary struggle.'
Trump says US has reached trade deal with the Philippines
President Trump said Tuesday the US had reached a trade deal with the Philippines following its president's visit to the White House.
He posted on Truth Social:
This doesn't seem to move the needle much for the Philippines, whose imports to the US will see a 19% tariff instead of the 20% Trump had threatened from Aug. 1.
The Philippines is the US's 29th-largest trade partner.
Copper-laden ships race to reach US ahead of tariffs
Fascinating angle from Bloomberg:
Read more here.
Coca-Cola CFO on tariffs: 'We think we can manage'
Coca-Cola's (KO) CFO said the company is managing President Trump's tariffs.
"June turned out to be a disappointing month," Coca-Cola CFO John Murphy told Yahoo Finance on Tuesday. He noted that tariffs continue to create uncertainty heading into the second half of the year.
"We think we can manage absorbing any of the impacts with the various levers that we have at our disposal. It's always a local decision as to how to utilize those levers, but right now, it's something that we factored into our rest of year guidance."
Yahoo Finance's Brooke DiPalma reports that Coca-Cola reported earnings for its second quarter that topped forecasts.
Read more here.
Bessent says he will meet Chinese officials, discuss tariff deadline extension
US Treasury Secretary Scott Bessent told Fox Business on Tuesday that he plans to meet his Chinese counterpart next week and discuss an extension of an August 12 deadline for higher tariffs. Both China and the US reached a trade truce in London last month to prevent escalating tariffs.
Reuters reports:
Read more here.
RTX cuts 2025 profit forecast as tariff costs weigh
US aerospace and defense giant RTX (RTX) cut its 2025 profit forecast on Tuesday, citing President Trump's trade war as the major reason. Shares of the company fell 3% in premarket trading.
Reuters reports:
Read more here.
GM's core profit slides in second quarter as Trump's tariffs bite
Tariffs have started to hit US automaker General Motors (GM), who reported a fall in second quarter core profit of 32% to $3 billion on Tuesday. The automaker said tariffs have sapped $1.1 billion from results as it continues to grapple with President Trump's challenging trade war.
Reuters reports:
Read more here.
Canadian boycott of US spirits hurts broader alcohol sales: Trade group
American imports to Canada have dropped sharply due to Canadian provinces' boycott of US spirits amid the ongoing trade war with the United States, according to a Canadian liquor trade group.
Reuters reports:
Read more here.
AstraZeneca announces $50B US manufacturing investment, matching its big pharma peers
Pharmaceutical giant, AstraZeneca (AZN) announced it plans to invest $50 billion in US manufacturing by 2030, in the hopes it will avoid steep tariffs on imported components manufactured abroad.
Yahoo Finance's senior reporter Anjalee Khemlani looks at how AstraZeneca's latest US investment keeps pace with its big pharma rivals.
Read more here
EU, US reportedly close in on trade deal
The Financial Times reports:
And more from Bloomberg:
Read more here.
The Financial Times reports:
And more from Bloomberg:
Read more here.
Trump says he will trade 'Tariff points' for open markets to the US
President Trump pushed one of his priorities in negotiating trade deals on Wednesday, and it wasn't exactly trade deficits. He suggested the US would reduce tariffs in exchange for countries opening their markets, i.e., putting zero tariffs on American-made products.
"I will always give up Tariff points if I can get major countries to OPEN THEIR MARKETS TO THE USA," Trump posted on Truth Social. "Another great power of Tariffs. Without them, it would be impossible to get countries to OPEN UP!!! ALWAYS, ZERO TARIFFS TO AMERICA!!!"
Trump's social media post came after the European Union announced it was preparing countermeasures against US tariffs, including a 30% tariff on over $100 billion worth of goods. Meanwhile, Indonesia agreed to drop its tariffs on US goods to 0% for 99% of trade.
President Trump pushed one of his priorities in negotiating trade deals on Wednesday, and it wasn't exactly trade deficits. He suggested the US would reduce tariffs in exchange for countries opening their markets, i.e., putting zero tariffs on American-made products.
"I will always give up Tariff points if I can get major countries to OPEN THEIR MARKETS TO THE USA," Trump posted on Truth Social. "Another great power of Tariffs. Without them, it would be impossible to get countries to OPEN UP!!! ALWAYS, ZERO TARIFFS TO AMERICA!!!"
Trump's social media post came after the European Union announced it was preparing countermeasures against US tariffs, including a 30% tariff on over $100 billion worth of goods. Meanwhile, Indonesia agreed to drop its tariffs on US goods to 0% for 99% of trade.
Detroit Three automakers raise concerns about Japan trade deal
A group representing General Motors (GM) Ford (F) and Chrysler-parent Stellantis (STLA) raised concerns on Tuesday about the US-Japan trade deal, which could cut tariffs on auto imports from Japan to 15% while leaving tariffs on imports from Canada and Mexico at 25%.
Reuters reports:
Read more here.
A group representing General Motors (GM) Ford (F) and Chrysler-parent Stellantis (STLA) raised concerns on Tuesday about the US-Japan trade deal, which could cut tariffs on auto imports from Japan to 15% while leaving tariffs on imports from Canada and Mexico at 25%.
Reuters reports:
Read more here.
SAP falls as trade war concerns temper strong cloud growth
Bloomberg News:
Read more here.
Bloomberg News:
Read more here.
EU readies over $100B no-deal plan to match US 30% tariff
The European Union announced on Wednesday it plans to hit the US with 30% tariffs on over $100 billion worth of goods in the event that no deal is made and if President Trump decides to follow through with his threat to impose that rate on most of the bloc's exports after Aug. 1.
A European Commission spokesman said that the first part of countermeasures would combine an already approved list of tariffs on $24 billion of US goods and a previously proposed list on an additional on $83 billion of American products into one package.
The US exports, which would include goods such as Boeing (BA) aircraft, US-made cars and bourbon whiskey would all face heavy tariffs that match Trump's 30% threat.
Bloomberg News reports:
Read more here.
The European Union announced on Wednesday it plans to hit the US with 30% tariffs on over $100 billion worth of goods in the event that no deal is made and if President Trump decides to follow through with his threat to impose that rate on most of the bloc's exports after Aug. 1.
A European Commission spokesman said that the first part of countermeasures would combine an already approved list of tariffs on $24 billion of US goods and a previously proposed list on an additional on $83 billion of American products into one package.
The US exports, which would include goods such as Boeing (BA) aircraft, US-made cars and bourbon whiskey would all face heavy tariffs that match Trump's 30% threat.
Bloomberg News reports:
Read more here.
European auto shares rally after US-Japan trade deal
Bloomberg News reports:
Read more here.
Bloomberg News reports:
Read more here.
Copper-laden ships race to reach US ahead of Trump's 50% tariffs
At least four ships are rushing to reach US ports before August to avoid new import tariffs, a report from Bloomberg News claimed on Wednesday.
Bloomberg News:
Read more here.
At least four ships are rushing to reach US ports before August to avoid new import tariffs, a report from Bloomberg News claimed on Wednesday.
Bloomberg News:
Read more here.
Enphase falls on downbeat outlook as Trump policies hit
Enphase Energy (ENPH) said on Tuesday that steep import tariffs had impacted its gross margin, causing the solar panel maker's shares to fall 6% in premarket trading on Wednesday.
Enphase forecast third-quarter revenue below Wall Street estimates on Tuesday and said President Donald Trump's import tariffs had impacted its earnings.
Reuters reports:
Read more here.
Enphase Energy (ENPH) said on Tuesday that steep import tariffs had impacted its gross margin, causing the solar panel maker's shares to fall 6% in premarket trading on Wednesday.
Enphase forecast third-quarter revenue below Wall Street estimates on Tuesday and said President Donald Trump's import tariffs had impacted its earnings.
Reuters reports:
Read more here.
Taiwan aims to strike deal with US in new round of talks
Bloomberg News reports:
Read more here.
Bloomberg News reports:
Read more here.
Japanese auto stocks surge as US announces lower-than-expected tariffs
Shares of Japanese automakers pumped after US President Donald Trump announced a trade deal with Japan, lowering the previously discussed 25% auto tariffs on Japanese vehicles to 15%.
Trump hailed the deal as the 'largest Deal ever,' claiming Japan would invest $550 billion in the US and allow greater access to its markets, including for American autos, trucks, and agricultural goods.
Honda (HMC) surged 9.8%, Toyota (TM) jumped 13.9%, Nissan (7222.T) gained over 5%, and Mazda (7261.T) soared 17.7%. Mitsubishi Motors (7211.T) rose over 12%.
According to Japan's NHK, the revised tariff structure includes a 12.5% cut plus a 2.5% 'Most Favored Nation' base rate. The move comes as Japanese auto exports to the US have suffered, plunging 26.7% in June.
Read more here.
Shares of Japanese automakers pumped after US President Donald Trump announced a trade deal with Japan, lowering the previously discussed 25% auto tariffs on Japanese vehicles to 15%.
Trump hailed the deal as the 'largest Deal ever,' claiming Japan would invest $550 billion in the US and allow greater access to its markets, including for American autos, trucks, and agricultural goods.
Honda (HMC) surged 9.8%, Toyota (TM) jumped 13.9%, Nissan (7222.T) gained over 5%, and Mazda (7261.T) soared 17.7%. Mitsubishi Motors (7211.T) rose over 12%.
According to Japan's NHK, the revised tariff structure includes a 12.5% cut plus a 2.5% 'Most Favored Nation' base rate. The move comes as Japanese auto exports to the US have suffered, plunging 26.7% in June.
Read more here.
Trump: 'I've just signed the largest trade deal in history with Japan'
President Trump announced overnight that his team and Japan have finally reached a trade deal, which includes a 15% tariff on imported goods from Japan, and the country will invest $550 billion into the US.
Trump, who made the announcement during a White House reception with members of Congress and later on Truth Social, called it the "largest trade deal in history" in reference to Japan.
The deal wasn't easy to achieve. Japan's Prime Minister Shigeru Ishiba had hoped to speak with Trump at the G-7 meeting back in June, but earlier this month Trump said Japan was "spoiled" and doubted a deal would happen.
The two sides have come a long way, with Ishiba remaining stoic yet firm to maintain his country's trust while trying to reach an agreement with the US.
Bloomberg News reports:
Read more here.
President Trump announced overnight that his team and Japan have finally reached a trade deal, which includes a 15% tariff on imported goods from Japan, and the country will invest $550 billion into the US.
Trump, who made the announcement during a White House reception with members of Congress and later on Truth Social, called it the "largest trade deal in history" in reference to Japan.
The deal wasn't easy to achieve. Japan's Prime Minister Shigeru Ishiba had hoped to speak with Trump at the G-7 meeting back in June, but earlier this month Trump said Japan was "spoiled" and doubted a deal would happen.
The two sides have come a long way, with Ishiba remaining stoic yet firm to maintain his country's trust while trying to reach an agreement with the US.
Bloomberg News reports:
Read more here.
Trump announces new details on trade pact with Indonesia
President Trump and his team released new details of a pact announced last week with Indonesia, confirming plans for a 19% tariff on the country and adding a 40% rate on any 'transhipped' goods.
The more complete framework of the deal is further confirmation of an agreement with America's 23rd largest trading partner that will avert 32% tariffs that Trump threatened previously. It also stipulates that 'Indonesia is going to drop its tariffs to 0% on over 99% of its trade,' a senior White House official said Tuesday.
The official added that the deal includes the elimination of non-tariff barriers that Trump's team say hinders American companies, including in areas like pre-shipment inspection requirements, motor vehicle safety standards, and restrictions around US medical devices and pharmaceuticals.
The exact definition of how Trump defines transshipped goods has been a matter of some debate in recent weeks. The deal with Indonesia includes goods not just re-labeled but made with a significant portion of components from a third country and then assembled in Indonesia. It's a provision also included in a recent deal with Vietnam and is clearly aimed at China.
Indonesian negotiators previously confirmed that a deal had been struck but not all details, with the country president's spokesperson telling Reuters the negotiations had been 'an extraordinary struggle.'
President Trump and his team released new details of a pact announced last week with Indonesia, confirming plans for a 19% tariff on the country and adding a 40% rate on any 'transhipped' goods.
The more complete framework of the deal is further confirmation of an agreement with America's 23rd largest trading partner that will avert 32% tariffs that Trump threatened previously. It also stipulates that 'Indonesia is going to drop its tariffs to 0% on over 99% of its trade,' a senior White House official said Tuesday.
The official added that the deal includes the elimination of non-tariff barriers that Trump's team say hinders American companies, including in areas like pre-shipment inspection requirements, motor vehicle safety standards, and restrictions around US medical devices and pharmaceuticals.
The exact definition of how Trump defines transshipped goods has been a matter of some debate in recent weeks. The deal with Indonesia includes goods not just re-labeled but made with a significant portion of components from a third country and then assembled in Indonesia. It's a provision also included in a recent deal with Vietnam and is clearly aimed at China.
Indonesian negotiators previously confirmed that a deal had been struck but not all details, with the country president's spokesperson telling Reuters the negotiations had been 'an extraordinary struggle.'
Trump says US has reached trade deal with the Philippines
President Trump said Tuesday the US had reached a trade deal with the Philippines following its president's visit to the White House.
He posted on Truth Social:
This doesn't seem to move the needle much for the Philippines, whose imports to the US will see a 19% tariff instead of the 20% Trump had threatened from Aug. 1.
The Philippines is the US's 29th-largest trade partner.
President Trump said Tuesday the US had reached a trade deal with the Philippines following its president's visit to the White House.
He posted on Truth Social:
This doesn't seem to move the needle much for the Philippines, whose imports to the US will see a 19% tariff instead of the 20% Trump had threatened from Aug. 1.
The Philippines is the US's 29th-largest trade partner.
Copper-laden ships race to reach US ahead of tariffs
Fascinating angle from Bloomberg:
Read more here.
Fascinating angle from Bloomberg:
Read more here.
Coca-Cola CFO on tariffs: 'We think we can manage'
Coca-Cola's (KO) CFO said the company is managing President Trump's tariffs.
"June turned out to be a disappointing month," Coca-Cola CFO John Murphy told Yahoo Finance on Tuesday. He noted that tariffs continue to create uncertainty heading into the second half of the year.
"We think we can manage absorbing any of the impacts with the various levers that we have at our disposal. It's always a local decision as to how to utilize those levers, but right now, it's something that we factored into our rest of year guidance."
Yahoo Finance's Brooke DiPalma reports that Coca-Cola reported earnings for its second quarter that topped forecasts.
Read more here.
Coca-Cola's (KO) CFO said the company is managing President Trump's tariffs.
"June turned out to be a disappointing month," Coca-Cola CFO John Murphy told Yahoo Finance on Tuesday. He noted that tariffs continue to create uncertainty heading into the second half of the year.
"We think we can manage absorbing any of the impacts with the various levers that we have at our disposal. It's always a local decision as to how to utilize those levers, but right now, it's something that we factored into our rest of year guidance."
Yahoo Finance's Brooke DiPalma reports that Coca-Cola reported earnings for its second quarter that topped forecasts.
Read more here.
Bessent says he will meet Chinese officials, discuss tariff deadline extension
US Treasury Secretary Scott Bessent told Fox Business on Tuesday that he plans to meet his Chinese counterpart next week and discuss an extension of an August 12 deadline for higher tariffs. Both China and the US reached a trade truce in London last month to prevent escalating tariffs.
Reuters reports:
Read more here.
US Treasury Secretary Scott Bessent told Fox Business on Tuesday that he plans to meet his Chinese counterpart next week and discuss an extension of an August 12 deadline for higher tariffs. Both China and the US reached a trade truce in London last month to prevent escalating tariffs.
Reuters reports:
Read more here.
RTX cuts 2025 profit forecast as tariff costs weigh
US aerospace and defense giant RTX (RTX) cut its 2025 profit forecast on Tuesday, citing President Trump's trade war as the major reason. Shares of the company fell 3% in premarket trading.
Reuters reports:
Read more here.
US aerospace and defense giant RTX (RTX) cut its 2025 profit forecast on Tuesday, citing President Trump's trade war as the major reason. Shares of the company fell 3% in premarket trading.
Reuters reports:
Read more here.
GM's core profit slides in second quarter as Trump's tariffs bite
Tariffs have started to hit US automaker General Motors (GM), who reported a fall in second quarter core profit of 32% to $3 billion on Tuesday. The automaker said tariffs have sapped $1.1 billion from results as it continues to grapple with President Trump's challenging trade war.
Reuters reports:
Read more here.
Tariffs have started to hit US automaker General Motors (GM), who reported a fall in second quarter core profit of 32% to $3 billion on Tuesday. The automaker said tariffs have sapped $1.1 billion from results as it continues to grapple with President Trump's challenging trade war.
Reuters reports:
Read more here.
Canadian boycott of US spirits hurts broader alcohol sales: Trade group
American imports to Canada have dropped sharply due to Canadian provinces' boycott of US spirits amid the ongoing trade war with the United States, according to a Canadian liquor trade group.
Reuters reports:
Read more here.
American imports to Canada have dropped sharply due to Canadian provinces' boycott of US spirits amid the ongoing trade war with the United States, according to a Canadian liquor trade group.
Reuters reports:
Read more here.
AstraZeneca announces $50B US manufacturing investment, matching its big pharma peers
Pharmaceutical giant, AstraZeneca (AZN) announced it plans to invest $50 billion in US manufacturing by 2030, in the hopes it will avoid steep tariffs on imported components manufactured abroad.
Yahoo Finance's senior reporter Anjalee Khemlani looks at how AstraZeneca's latest US investment keeps pace with its big pharma rivals.
Read more here
Pharmaceutical giant, AstraZeneca (AZN) announced it plans to invest $50 billion in US manufacturing by 2030, in the hopes it will avoid steep tariffs on imported components manufactured abroad.
Yahoo Finance's senior reporter Anjalee Khemlani looks at how AstraZeneca's latest US investment keeps pace with its big pharma rivals.
Read more here
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'Let's be clear: the current situation is not satisfactory and cannot be sustainable,' French Minister for European Affairs Benjamin Haddad said in a social media post. 'The free trade that has brought shared prosperity to both sides of the Atlantic since the end of the Second World War is now rejected by the United States, which is choosing economic coercion and complete disregard for WTO rules.' Dutch Minister for Foreign Trade Hanneke Boerma said the deal was 'not ideal' and called on the commission to continue negotiations with the US. Hungarian Prime Minister Viktor Orban, who has long been a thorn in the sides of the Brussels' institutions, took an even tougher line, in part criticizing von der Leyen while praising the American president. 'What's clear is that this isn't a deal Donald Trump struck with Ursula von der Leyen,' Orban said in an online interview with a pro-government influencer on Monday. 'Donald Trump ate Ursula von der Leyen for breakfast. The American president is a heavyweight negotiator, Madam President is featherweight.' Slovak Prime Minister Robert Fico, who typically joins Orban in criticizing the EU, said that 15% is 'a good negotiation result,' though he warned that the devil is 'hidden in the details.' Slovakia's car industry accounts for about 10% of the country's GDP and is home to plants owned by VW, Stellantis, Kia and Jaguar Land Rover, plus an extensive network of suppliers. Trade accords typically require years of negotiations and can run thousands of pages long. The deal reached between the EU and US was thin on details and so far hasn't produced any written details. 'The focus will now turn to interpretation and implementation risk, posing a mix of political and technical questions,' Carsten Nickel, deputy director of research at Teneo, wrote in a note. 'Given the nature of the deal, major uncertainties are likely to persist.' The EU agreed to purchase $750 billion in American energy products, invest $600 billion in the US on top of existing expenditures, open up countries' markets to trade with the US at zero tariffs and purchase 'vast amounts' of military equipment, Trump said. Key to getting the 15% rate to apply to pharmaceuticals and semiconductors was the bloc's promise to make US investments, according to people familiar with the matter. Clemens Fuest, president of Germany's Ifo Institute for Economic Research, called the deal a 'humiliation' that reflects the imbalance of power between the EU and US. 'The Europeans need to wake up, focus more on economic strength and reduce their military and technological dependence on the US,' Fuest said on social media. 'Then they can renegotiate.' French Prime Minister Francois Bayrou had even stronger words when discussing the new deal. 'It's a dark day when an alliance of free peoples, united to affirm their values and defend their interests, opts for submission,' he wrote on social media. --With assistance from Kamil Kowalcze, Alberto Brambilla, Zoltan Simon, Daniel Hornak, Sarah Jacob, James Regan and William Wilkes. (Updates with industry comment in the ninth paragraph.) Burning Man Is Burning Through Cash It's Not Just Tokyo and Kyoto: Tourists Descend on Rural Japan Elon Musk's Empire Is Creaking Under the Strain of Elon Musk Confessions of a Laptop Farmer: How an American Helped North Korea's Wild Remote Worker Scheme Scottish Wind Farms Show How to Counter Nimby Opposition ©2025 Bloomberg L.P. 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
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Achieve named to '10 Best Places for Women to Work in Arizona' list by AZ Business Magazine
The prestigious award highlights the company's dedication to creating a supportive and equitable culture where women can thrive and advance TEMPE, Ariz., July 28, 2025 /PRNewswire/ -- Achieve, the leader in digital personal finance, has been named to Az Business Magazine's 2025 list of the "10 Best Places for Women to Work in Arizona." This prestigious recognition highlights Achieve's unwavering commitment to fostering an inclusive, supportive and empowering environment where women can thrive professionally and personally. The annual 10 Best Places for Women to Work in Arizona list recognizes companies that demonstrate exceptional dedication to gender equality, career development, work-life balance and overall employee satisfaction for their women employees. Az Business Magazine selects the companies named to the annual list in collaboration with industry experts throughout the state. The full list is featured in the recently released July/August 2025 issue of the magazine. "We are incredibly honored to be recognized as a leading workplace for women in Arizona," said Achieve Senior Vice President of Human Resources Heather Marcom. "At Achieve, we believe that a diverse and inclusive workforce isn't just the right thing to do; it's fundamental to our success. This award is a testament to our ongoing efforts to create a culture where every woman feels valued, supported and empowered to reach her full potential." Achieve continues to invest in its people, recognizing that a vibrant, equitable and supportive culture is key to attracting and retaining top talent. Achieve's dedication to its women teammates is reflected in its commitment to fostering a supportive and engaging workplace, encompassing robust opportunities for growth, work-life integration, competitive benefits and a culture that champions diverse perspectives and leadership at all levels. The Company is proud of its strong representation of women throughout the organization, including in leadership roles, and actively promotes an environment where every individual can thrive. This recognition from Az Business Magazine reinforces Achieve's position as a top employer in Arizona and highlights its commitment to setting a standard for workplace excellence. Az Business Magazine also recently named Achieve Vice President of DEI and Learning and Development Henri' Dawes to its 2025 list of the Most Influential Women in Arizona Business for 2025. Achieve employs over 1,500 people in Greater Phoenix and is frequently recognized as an employer of choice in Arizona and other cities in which it operates. It has appeared on the Phoenix Business Journal's annual Best Places to Work List 14 times, including first-place rankings in 2023, 2022, 2021, 2017 and 2016. Earlier this year, Achieve was named to Az Business Magazine's AZ Big 100 and 10 Best Places to Work in Financial Services lists. Achieve was also recognized on Newsweek's list of Greatest Workplaces for Mental Wellbeing. About Achieve Achieve, THE digital personal finance company, helps everyday people get on, and stay on, the path to a better financial future. Achieve pairs proprietary data and analytics with personalized support to offer personal loans, home equity loans, debt relief and debt consolidation, along with financial tips and education and free mobile apps: Achieve MoLO® (Money Left Over) and Achieve GOOD™ (Get Out Of Debt). Achieve has over 2,300 dedicated teammates across the country, with hubs in Arizona, California, Florida and Texas. Achieve is frequently recognized as a Best Place to Work. Achieve refers to the global organization and may denote one or more affiliates of Achieve Company, including Equal Housing Opportunity (NMLS ID #138464); Achieve Home Loans, Equal Housing Opportunity (NMLS ID #1810501); Achieve Personal Loans (NMLS ID #227977); Achieve Resolution (NMLS ID # 1248929); and Freedom Financial Asset Management (CRD #170229). Contacts Austin KilgoreDirectorCorporate Communicationsakilgore@ Elina TarkazikisManagerCorporate Communicationsetarkazikis@ View original content to download multimedia: SOURCE Achieve Sign in to access your portfolio
