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BIZARRE: 2 | Mind Blowing Facts

WASHINGTON - The United States and Canada were headed back to the negotiating table on Friday seeking a deal to end months of trade tensions before punishing new tariffs kick in at midnight.

Bangkok Post

Canada, US ‘very close’ to trade deal as tariff deadline looms

Canada and the United States are very close to agreeing a trade deal. This agreement could help reduce months of tariffs and counter duties. More work remains to be done before the Saturday deadline. A deal would mark a detente in tense relations between the allies. This would allow broader…

The Economic Times

US, Canada 'very close' to trade deal, Ottawa says, as details emerge

WASHINGTON (UNITED STATES) - The United States and Canada are "very close" to a final trade deal, the top Canadian negotiator said Thursday after talks with President Donald Trump's team.

Bangkok Post

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Trump Backs Off 50% Canada Tariffs for Three Days. A Bigger Trade Deal Could Be Coming.

The planned 50% tariffs were to target Canadian products including wine, hockey sticks and other imports.

International Business Times

Trump says last minute deal reached with Canada to delay 50% US tariffs on imports from Ottawa

The two allies traded goods and services worth close to $1 trillion despite their strained relations last year, as US President Donald Trump continues his relentless push to enforce tariffs and levies on his northern neighbours.

Euronews

Trump pauses 50% tariffs on Canadian goods for three days

WASHINGTON (UNITED STATES) - US President Donald Trump paused the planned rollout of new tariffs on Canadian goods late Tuesday, after negotiations between both countries that went down to the wire.

Bangkok Post

UK warned over Trump’s threat of 100% import tariffs

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The Independent UK

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Trump’s threat of 100% import tariff on UK ‘not a bluff’, US trade tsar warns

Donald Trump issued the threat in June over the UK’s digital tax on American companies - but has so far not followed it up

The Independent UK

US, Canada hold last-minute talks to stop 50% U.S. tariffs on $20 billion worth of Canadian goods

Tension between Washington and Ottawa is already high, stoked by trade disputes and President Donald Trump's inflammatory comments about making Canada the 51st U.S. state

The Independent UK

Trade War Rising? US-Canada Talks Stall as 50% Tariffs Loom Over $900 Billion Relationship

Negotiators from the United States and Canada are scrambling to bridge wide differences before a sweeping 50% tariff on Canadian goods takes effect on Wednesday.

Benzinga

Long-stalled Russia sanctions bill passed by Senate

The Senate on Friday passed a bill aimed at punishing Russia over its invasion of Ukraine, a long-delayed effort that senators raced to finish in recent weeks as a tribute to the late Sen. Lindsey Graham, R-S.C. The bill, which would also levy penalties on Iran, was passed in a…

Roll Call

Trump Called Canada's Leadership 'Nasty'— Mark Carney Says Trade Talks Have Turned Just That as 50% Tariff Deadline Looms

Canadian Prime Minister Mark Carney said U.S. trade negotiations had turned "nasty" after President Donald Trump attacked Canada’s leadership, with Washington’s threatened 50% tariffs on additional Canadian goods set to take effect Aug. 19.

Benzinga

Piyush Goyal likely to visit US for G20 trade ministers meet next month

Piyush Goyal, India's Commerce Minister, will travel to the United States, participating in the pivotal G20 Trade Ministerial meeting. His schedule includes crucial discussions with international counterparts aimed at reinforcing trade and investment ties. The ministerial will address significant topics such as forced labor and the weaponization of trade, while…

The Economic Times

US officials pressed China on rare earths, farm goods commitments, Bessent says

US officials urged China to honor commitments on rare earths and agricultural products. These discussions occurred before a potential meeting between President Trump and President Xi. China's recent trade restrictions were viewed as problematic by the United States. Both sides agreed to use consultation channels to strengthen economic ties. This…

The Economic Times

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Reason

Trump Keeps Pushing Legally Dubious Tariffs

The president's latest round of broad import taxes, like the previous two, treats his statutory authority as an afterthought.

The Economic Times

USTR's Greer says Trump's latest tariffs won't have an economic impact

New US tariffs on forced labor bans will likely have minimal economic impact. These duties cover nearly all American imports from targeted nations. The US is also investigating excess industrial capacity in key countries. This probe could potentially lead to further additional tariffs being imposed. The trade representative defended the…

Benzinga

Trump Slams EU’s Billion‑Dollar Tech Penalties Targeting US Companies

US President Donald Trump has warned the European Union (EU) that it will "pay a very big price" for fining American tech companies.

The Economic Times

This wave of Trump tariffs is likely here to stay; more are coming

The Trump administration is rebuilding its tariff wall using established trade laws. New duties target forced labor and excess industrial capacity globally. These actions aim to secure trade concessions and reshore production. The strategy shifts from untested emergency measures to court-tested statutes. This approach promises more durable trade policies and…

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Reason

Trump's Newest Tariffs Are Likely Illegal Too

The Section 301 tariffs announced on Thursday overstep the powers granted by Congress and likely run afoul of the major questions doctrine.

Latin Times

Trump Hits 18 Latin American and Caribbean Countries With Higher Tariffs Over Forced-Labor Rules

Brazil's Luiz Inácio Lula da Silva accused Washington of using forced labor as justification for a protectionist trade policy

International Business Times

Trump Is Seeking To Rebuild His Global Tariff Program After The SC Knocked It Down. Dozens Of Countries Are Targeted

The new tariffs announced by Trump cover nearly all U.S. imports. Exemptions shield energy, aircraft, critical minerals and several other product categories.

Euronews

US launches trade probe into EU over big tech fines

President Donald Trump announced a trade probe into the EU, accusing the bloc of unfairly targeting U.S. tech giants, a day after Google was hit with a €890 million antitrust fine.

Euronews

The EU is walking a tightrope between the world's major hegemons

In today's newsletter: Trump announces tariff threats from across the transatlantic, while Euronews speaks with an MEP fresh off a trip to China, and analysis on what happened with the EU's 21st sanctions package against Russia.

The Independent UK

EU gets boost from new wave of Trump tariffs while Brexit Britain misses out

The fresh tariffs came just hours before temporary 10 per cent levies, to which Britain was already subject, expired

Evening Standard

Trump slaps tariffs on UK and other major allies over 'forced labour'

US imposing charges on Britain and 59 other countries over claims they have not done enough to enforce bans on items produced by forced labour

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