donald trump, EU and latest tariff
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The chip-making equipment supplier, whose clients include Intel, issued a warning days after Trump’s threat of 30% tariffs on the EU.
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Cyprus Mail on MSNTrump’s trade blitz continues with Indonesia deal, pharma tariff plans, and global warningsPresident Donald Trump said the U.S. would impose a 19% tariff on goods from Indonesia under a new agreement with the Southeast Asian country and more deals were coming, while offering fresh details on planned duties on pharmaceuticals.
Instead on Wednesday, Trump continued to threaten countries with higher tariffs in the near future by publishing open letters to the Philippines, Brunei, Moldova, Algeria, Iraq, Libya and Sri Lanka that set new tariff rates ranging from 20% to 30% that he said he would impose on Aug. 1.
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Russian Foreign Minister Sergey Lavrov hit back at US President Donald Trump’s warnings against BRICS, declaring that the bloc ‘cannot be stopped’ and is ‘not afraid.’ Lavrov said the global shift away from the US dollar is well underway and irreversible.
We have always been very clear that we prefer a negotiated solution," said the president of the European Commission.
Yangon — Myanmar's military leader lauded President Trump and asked him to lift sanctions, the ruling junta said Friday, after a tariff letter from the U.S. president that it has taken as Washington's first public recognition of its rule.
U.S. inflation rose to 2.7% last month, up from 2.4% in May. Experts cite tariffs as a key factor behind rising prices on everyday goods.