trade deals

The latest twist in U.S. trade policy, marked by the Donald Trump administration sending 14 letters outlining tariff levels to its trading partners, has elicited three distinct, yet converging, reactions from key stakeholders, according to senior economist Mohamed El-Erian. What Happened: While...

The United States is bracing for a potential acceleration in inflation, with a significant depreciation of the dollar now identified as a key contributing factor, according to a new analysis by Torsten Sløk, the chief economist at Apollo. What Happened: As per Sløk’s analysis, a 10%...

Treasury Secretary Scott Bessent has cautioned that countries failing to negotiate a deal with the U.S. will face a return to higher tariff rates from August 1. What Happened: During an interview with CNN on Sunday, Bessent echoed President Donald Trump‘s comments from Friday,...

The Trump administration has unveiled a new trade deal framework with China, but experts remain doubtful about its long-term viability and warn that the U.S. may be giving up its strategic advantage in the agreement. What Happened: The deal aims to de-escalate tensions between the two nations, with...

A professor from the Wharton Business School has suggested that tariffs implemented by President Donald Trump are likely to continue despite political opposition. What Happened: Professor Joao Gomes of the Wharton Business School, in a podcast, The Trade War Playbook: Tariffs, Uncertainty, and U.S...

In a recent address at the China-CELAC Forum in Beijing, Chinese President Xi Jinping spoke about tariffs and trade war for the first time since the 90-day tariff relaxation between the U.S. and China. He also pledged economic support to LatAm and Caribbean countries and called for the region to...

Jim Cramer believes that a consistent flow of trade agreements is crucial to bolstering market confidence and allaying fears of both recession and a surge in inflation. What Happened: In a recent post on X, Cramer asserted that a “steady drip of trade deals” might be the key ingredient...

On Sunday, University of Michigan economist Justin Wolfers highlighted the unusual carveouts in the new U.S.-U.K. trade framework, with leading British brands such as Rolls-Royce Plc, Aston Martin, Bentley, and several other high-end automakers effectively dodging the tariffs. What Happened: During...

As the U.S. and China continue to send mixed signals about the progress of their trade talks, economists at Morgan Stanley project that both nations will begin negotiations and slowly decrease tariffs on Chinese imports to 60% by the end of Q2. What Happened: Despite the...

In a bid to navigate the impending U.S. tariffs, South Africa and several other countries have been reportedly seeking advice from Goldman Sachs since late February. What Happened: South African officials have been consulting with Goldman Sachs to devise strategies to mitigate the impact of the...

In the wake of global market turbulence, Goldman Sachs CEO David Solomon has pointed to the uncertainty surrounding U.S. trade policy as the primary cause. What Happened: Solomon, in an interview with CNBC on Tuesday, highlighted a shift from the optimism that characterized the start of the year,...

Amid rising global trade turmoil, U.S. Vice-President JD Vance has voiced his positive outlook on a potential trade agreement with the U.K. What Happened: Vance, during an interview with the UnHerd website, mentioned that there is a “good chance” of finalizing a trade pact...

President Donald Trump announced the U.S. and Japan have struck a preliminary trade deal on $7 billion worth of goods. The deal is expected to be formally signed in September, The Hill reported. Trump said Japan will be buying U.S. corn. The deal also includes digital products. "We have been...

Jeffrey Immelt, General Electric Company (NYSE: GE) CEO and chairman of the board, sat down for an interview with CNBC to talk about new trade agreements that could be implemented by President-elect Donald Trump. What A Trump Presidency Could Mean Immelt pointed out that Trump is far from the first...

Wilbur Ross is a billionaire investor best known for restructuring failed companies within steel, coal, telecommunication and other sectors. In an op-ed published on CNBC Friday, Ross and Peter Navarro, a professor of economics and public policy at the Paul Merage School of Business, threw their...