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Populism Is Shifting America's Economic Goalposts

Populism Is Shifting America's Economic Goalposts

Bloomberg7 hours ago
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I never thought of politics as having a scent — aside from stale pizza and blue slips — but now it does: President's Donald Trump's 'Victory' perfume smells like a 'rallying cry in a bottle.' If that's the scent of the Republican Party, then what do Democrats smell like? Then again, maybe this isn't a red vs. blue thing at all.
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Trump sees India trade deal, skeptical on progress with Japan
Trump sees India trade deal, skeptical on progress with Japan

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Trump sees India trade deal, skeptical on progress with Japan

STORY: With one week to go before his deadline for trade deals, Donald Trump is feeling hopeful about talks with at least one major country: ''I think we're going to have a deal with India, possibly, and that's going to be a different kind of a deal. It's going to be a deal where we're able to go in and compete. Right now, India doesn't accept anybody in. I think India's going to do that and if they do that, we're going to have a deal for less much less tariffs.' The U.S. President spoke to reporters on Air Force One on Tuesday (July 1). He said he wasn't thinking about extending the July 9 deadline for agreements. And he again expressed doubt about a deal with Japan: 'They and others are so spoiled from having ripped us off for 30, 40 years; that it's really hard for them to make a deal. You know, it's very hard.' Trump said Japan had refused to take American rice, despite having a shortage of the staple grains. And he said Tokyo had been 'unfair' more broadly, citing its big trade surplus in cars as evidence. The president said he could impose a 35% tariff on the country - or well above the 24% he announced in April and then paused. Earlier Tuesday, Japan's chief cabinet secretary said Tokyo would continue talking to Washington, but would not sacrifice its agriculture sector in order to get a deal. India's foreign minister said this week that talks were at an 'intricate' stage. Sticking points are thought to include duties on car parts, steel and farm goods. 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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