Trump, Tariff and trade deals
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The Dow, S&P 500 and Nasdaq remain volatile as trade deals and tariffs keep investors in limbo. Amazon’s Prime Day met with fierce competition as Walmart, Costco offer their own deals. Oil inches higher.
The Trump administration is expected to send dozens of letters to countries that have not made a trade deal, warning them that higher tariffs could kick in next month.
Brazilian President Luiz Inácio Lula da Silva said Wednesday that the 50% tariffs announced by U.S. President Donald Trump would trigger the country's economic reciprocity law.
Economists and investors are left guessing by President Donald Trump’s tariff agenda as he grants extensions then threatens higher tariffs in letters to trading partners. It remains to be
"America will, once again, build a DOMINANT Copper Industry," Trump said in a post on his Truth Social media platform.
NBC News is tracking the prices of common purchases ahead of major discounting by Amazon, Walmart and other retailers, and as Trump’s global levies threaten to take hold.
U.S. stock futures edged lower and global equities were narrowly mixed with sector-specific duties back in the spotlight.
Trump announced the United States would impose new tariffs on imports from several additional countries as part of his drive to reduce the trade deficit and promote fair trade.