trade deal

U.S. stock futures declined on Thursday after ending higher on Wednesday. Futures of major benchmark indices were trading lower. President Donald Trump imposed 50% tariffs on Brazil, escalating the trade tensions between the two nations. This was followed by a slew of letters posted on his Truth...

U.S. stock futures advanced on Wednesday after ending on a mixed note on Tuesday. Futures of major benchmark indices were trading higher. President Donald Trump announced a 50% tariff on copper imports and confirmed the “reciprocal” tariffs, paused in April, will resume on Aug. 1,...

U.S. stock futures were fluctuating on Tuesday after trimming gains from their records on Monday. Futures of major benchmark indices were trading mixed. President Donald Trump announced sweeping 25% tariffs on all imports from Japan and South Korea, and sent letters to a total of 14 countries, all...

President Donald Trump has announced a trade deal with Vietnam that imposes a 20% tariff on Vietnamese exports to the U.S. and a 40% tariff on goods transshipped through Vietnam, particularly targeting Chinese products rerouted to avoid U.S. tariffs. What Happened: In exchange, Vietnam will grant...

U.S. stock futures were slightly higher on Thursday after a mixed close on Wednesday. Futures of major benchmark indices were trading higher. The stocks were higher following President Donald Trump‘s announcement of a deal with Vietnam on Thursday in A Truth Social post. The Nasdaq and New...

Economist Peter Schiff is calling out President Donald Trump’s newly announced trade deal with Vietnam, warning that American consumers are likely to bear the brunt of the agreement. What Happened: On Thursday, in a post on X, Schiff criticized the deal, saying that it gives Vietnamese...

The Trump administration is reportedly lowering its aspirations for comprehensive reciprocal deals. Instead, it is favoring narrower agreements to avoid the reimposition of U.S. tariffs. What Happened:  The US is now seeking phased deals with key countries, with the aim of reaching agreements by...

Shigeru Ishiba, the Prime Minister of Japan, is contemplating a proposal from President Donald Trump to purchase American oil to address the trade imbalance between the two nations. What Happened: Ishiba acknowledged the suggestion but emphasized the need for a more detailed assessment....

President Donald Trump has revealed his intention to set new tariff rates unilaterally for various trading partners through letters. This decision will bypass the need for individual trade agreements. What Happened: President Trump declared that the upcoming deadline for trade...

U.S. futures rose on Friday following Thursday’s rally. Futures of major benchmark indices were trading higher. The U.S. and China have finalized a trade understanding, building on an agreement reached last month in Geneva. U.S. Commerce Secretary Howard Lutnick confirmed the deal with China...

The U.S. and China have finalized a trade understanding, building on an agreement reached last month in Geneva. Commerce Secretary Howard Lutnick confirmed the deal, which was signed two days ago, noting that the White House has immediate plans to secure agreements with ten other major trading...

A Harvard scholar has suggested that the United States and China are on the verge of finalizing a trade deal, with the potential for an agreement as soon as next week. What Happened:  Graham Allison, the founding dean of Harvard University‘s John F. Kennedy School of Government and...

Former Commerce Secretary Wilbur Ross, who served in the first Trump administration, believes that President Donald Trump’s 90-day tariff pauses are not only a trade strategy but also a political tactic. What Happened: In an interview with Fortune, Ross said that the pauses align with the U.S...

Treasury Secretary Scott Bessent has suggested that the Trump administration may consider extending the current 90-day tariff pause beyond July 9 for the U.S.’s top trading partners. This extension, however, is contingent on the partners’ “good faith” in ongoing trade...

U.S. recession odds slipped further on Polymarket as a slew of bullish events lifted investor sentiment Wednesday. What happened: Odds in favor of the betting contract titled “US recession in 2025?” were 23% as of this writing, a considerable drop from the all-time high of 66% recorded...