U.S. Commerce Secretary says tariffs to begin August 1, Reuters says

20 hours ago

On Sunday, U.S. President Donald Trump said some trade deals had been made with trading partners and letters would be going out to other countries letting them know of higher tariff rates, Reuters reports. According to comments made by Commerce Secretary Howard Lutnick to reporters, the higher tariffs would begin on August 1 and Trump was 'setting the rates and the deals right now.'
Don't Miss TipRanks' Half-Year Sale
Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.

Hashtags

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Indian Rupee Underperforms Most Emerging Asian Currencies on Tariff Worries

Bloomberg

36 minutes ago

Bloomberg

Indian Rupee Underperforms Most Emerging Asian Currencies on Tariff Worries

Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at: Good morning, this is Alex Gabriel Simon, an equities reporter in Mumbai. Stocks may open higher today after President Donald Trump indicated that a trade deal with India could be reached soon, and the country avoided receiving a tariff letter unlike some of its peers. Investor attention will also be on the BSE and stock brokerage firms, following a recent study that revealed a worsening trend of losses in derivatives trading among retail investors.

America's Copy-and-Paste Tariffs Will Rile ‘Mr. Japan'

Bloomberg

37 minutes ago

Bloomberg

America's Copy-and-Paste Tariffs Will Rile ‘Mr. Japan'

'You will never be disappointed with The United States of America.' So went President Donald Trump's sign-off in his letters issued to 14 trading partners on Monday. But in Tokyo, Prime Minister Shigeru Ishiba will be more than disappointed. He's entitled to be furious.

Photos of Trump's meeting with Netanyahu and the reaction

Hamilton Spectator

40 minutes ago

Hamilton Spectator

Photos of Trump's meeting with Netanyahu and the reaction

WASHINGTON (AP) — President Donald Trump met with Israeli Prime Minister Benjamin Netanyahu in the White House, while demonstrators protested their gathering both outside the building and in Tel Aviv, Israel. This is a photo gallery curated by AP photo editors. Error! Sorry, there was an error processing your request. There was a problem with the recaptcha. Please try again. You may unsubscribe at any time. By signing up, you agree to our terms of use and privacy policy . This site is protected by reCAPTCHA and the Google privacy policy and terms of service apply. Want more of the latest from us? Sign up for more at our newsletter page .