White House extends deadline for ‘reciprocal’ levies from July 9 to August 1
And that might become a problem
The country’s latest sanctions are proving far more effective than prior efforts
Complaints made against Swiss bank over losses on foreign exchange derivatives in wake of US tariff announcements
Deadline for countries to sign deals with Trump expires on Wednesday
Xu Zewei suspected of links to Beijing-backed group accused by Washington of stealing Covid-19 vaccine secrets
The EU in particular has failed to stick to a strategy
Washington prepares for end of 90-day pause on steep ‘liberation day’ levies
Also in this newsletter: Why von der Leyen will win the parliament battle but risks losing the war
Value of goods sent to US falls but shipping to Asean countries and EU rises
Warning was handed to EU trade commissioner at Washington meetings
Companies are not yet rushing to relocate production to the US, but investment and dealmaking have already slowed
US president appears to be losing patience, with only two deals agreed ahead of July 9 deadline
As the president launches a trade war, follow the latest data on imports, exports and trade balances
As the president launches a trade war, follow the latest data on how markets react and how the country’s economy is performing
As the president launches a trade war, follow the latest on tariffs and executive orders
Figures show record $24.2bn raised from the levies in May but highlight potential for distortion to global trade flows
European Commission president aims for less detailed ‘a(chǎn)greement in principle’
US president’s focus on punishing ‘trans-shipment’ of goods draws Beijing’s ire
President Lee Jae Myung says Seoul is ‘doing its utmost’ to secure an agreement
Plus car sales
Also in this newsletter: European parliament gears up for no-confidence vote in von der Leyen
Washington had limited exports of semiconductor design software in tit-for-tat over trade talks
Cash-strapped Islamabad tries to stave off trade tariffs and deepen ties with White House
US trade officials are seeking narrower deals before Trump’s tariffs come back
