Trump’s Japan Trade Deal
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Diamondbacks Trade Rumors Reach New Peak
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The New York Yankees' two-year nightmare at the hot corner is finally over. And that comes at the expense of the Colorado Rockies.
European Commission President Ursula von der Leyen is set to meet with President Donald Trump this weekend in Scotland to discuss trade.
Investors are hopeful a potential trade deal between the U.S. and European Union could bring more certainty to markets ahead of next Friday's tariffs deadline.
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President Trump has threatened to impose a 30% tariff on imports from the European Union's 27 member countries if no trade deal is reached by Aug. 1.
The deal imposes 15% tariffs on Japanese cars and other goods, one of the more favorable rates. While the start date and other basic elements are still unknown, Treasury Secretary Scott Bessent warned this week that the US would monitor implementation and bump the rate up to 25% if Trump isn’t satisfied.
The EU says its negotiators are working "might and main" on a deal, but the decision rests with US President Trump.
European bond yields rose as the European Union and the U.S. converge on a potential trade deal that would result in lower-than-feared tariffs on the bloc's exports. Germany's benchmark 10-year yield
The prime ministers of Britain and India have sealed a major trade agreement that will reduce tariffs on products like Scotch whisky and Indian spices.
King Charles has held talks with Indian Prime Minister Narendra Modi at Sandringham, after a free trade deal was signed between the UK and India. UK cars and whisky will be cheaper to export to India and Indian textiles and jewellery cheaper to export to the UK under the multi-billion pound export boost.
Among the strongest performers, Thermo Fisher Scientific rose 12%, topping the leaderboard for large-cap stocks, followed by T-Mobile US, up 9%.