#trade-negotiations

#trade-negotiations

featuring former US President Ronald Reagan has set off new tensions between Washington and Ottawa, which already had icy relations over President Donald Trump's tariff policy. In a post on Truth Social on Thursday night, Trump claimed that the advertisement which shows Reagan, a fellow Republican, speaking negatively about tariffs as an economic policy was fake. He cited comments by the Ronald Reagan Foundation that described the clip of the former president used in the commercial as doctored.

These are the details of 316 South Korean nationals' experiences in Immigration and Customs Enforcement (ICE) detention that have flooded the country's media in the weeks after the September 4 raid on a Hyundai-LG electric vehicle battery plant in Ellabell, Georgia. Zip ties. Helicopters. Crowded cells. Guns trained on bewildered workers. Foul water. Forced vaccinations. An unconscious detainee left on the floor by negligent guards.

South Korea's negotiations with the U.S. on a trade deal to lower tariffs have stalled amid concerns over the foreign exchange implications of a $350 billion investment fund, part of an agreement reached with President Donald Trump in July. What has Japan agreed to? South Korean officials, who had argued that the package would mostly comprise loans and guarantees with limited direct investment, said last week they could not accept terms similar to those of a $550 billion investment package finalised this month by Japan.

Most of the counter-tariffs Ottawa slapped on U.S. goods earlier this year have now been removed, with a few exceptions. Canada placed duties on $60 billion worth of U.S. goods in response to American tariffs on various Canadian goods. Those tariffs are gone as of Monday, though some levies remain on non-CUSMA-compliant goods such as tariffs on steel and aluminum products to counter U.S. tariffs targeting those industries.

Businesses face challenges in maintaining profit margins amidst fluctuating tariffs and trade negotiations, prompting the need for effective budgeting and sourcing strategies for the future.

Ursula von der Leyen faced criticism from Viktor Orban, who labeled her a "featherweight" and claimed she was easily outmatched by American counterparts.

Lutnick aims to transform government operations by introducing entrepreneurial strategies, focusing on creating revenue-generating activities and enhancing efficiency through business-like management practices.

Mr O'Brien stated that tariffs are "good for no one," emphasizing the importance of respectful dialogue and negotiations between the EU and the US to avoid trade conflict.

Trump announced additional tariffs, targeting six countries with rates ranging from 20% to 30%, igniting concerns over escalating trade tensions.

President Trump's going to be sending letters to some of our trading partners saying that if you don't move things along, then on August 1 you will boomerang back to your April 2 tariff level.