Switzerland offers to buy more American weapons and energy products and invest more in the US to convince Trump’s administration to reduce its rates for Swiss imports.
“We have had some progress lately. Negotiations are still ongoing, but I would not have hoped for an imminent agreement,” said Rahul Sahal, Director General of the Swiss and American Chamber of Commerce.
Meanwhile, the economy of South Korea could enter the crisis competing with its 1997. In a financial downturn, if the government accepts US requirements, Reuters told President Lee JAE Myung.
Washington agreed to reduce South Korean rates in exchange for $ 350 billion in Seoul.
“Without a currency exchange, if we removed $ 350 billion as we demand in the US, and investing in money in the United States, South Korea would face the situation in the 1997 financial crisis,” said Myung.
During other events, after Friday’s call between Trump and Chinese President XI Jinping, Trump said the Tiktok program was reached in the US. Trump said both leaders are planning to hold many meetings in the coming months, Yahoo Finance spokesman said. The first meeting of the Asian and Pacific Economy Cooperation (APEC) at the South Korea summit will be scheduled for October 30. 1
Trump said the XI would visit the US at the right time.
Among the complex trading negotiations with the USA, China to Google (Goog), discussed the Tikal agreement, and takes several months for an antitrust probe to increase the pressure on the NVIDIA (NVDA) chips for internal purchase.
In the background, the Supreme Court views major legal challenges to President Trump’s rates and sets a resolution this fall.
The rates that are in danger are widely “reciprocal”, the country is characterized by duties that Trump described this year in various steps (which you can see in the picture below). These duties range from 10% to 50%. Trump took advantage of 1977. The law known as “Ieepa” – the Law on International Extreme Economic Power – justify the introduction of tariffs.
The Court of Appeal allowed the rates to remain in place until the case moves through the legal proceedings.
Read more: What does the Trump tariffs mean to the economy and your wallet
Here are the latest updates as politics revives worldwide.
To live1886 Updates
Trump’s visa shock strains Indian -US relations, cloud trading negotiations
President Trump’s mission to foreigners to curb Visa increased new pressure on the US -Indian relations, which only appeared last week.
Bloomberg News Reports:
Read more here.
Switzerland with new impetus Woo Donald Trump on tariffs
Switzerland proposes to “buy America” in order to convince the president to reduce its rates for Swiss imports.
FT reports:
Read more here.
South Korean President Lee says
South Korean President Lee Jae Myung said Reuters that if the Seoul cave requires tariffs and $ 350 billion investment, she could enter the financial crisis competing with the 1997 Act. Decrease.
Reuters reports:
Read more here.
US House Chinese Commission calls anchor probe on tariffs
Bloomberg News Reports:
Read more here.
Euro Zone users reduce costs for tariff fears, avoid US goods: ECB
Reuters reports:
Read more here.
Porsche shares immersed after a deferred EV launch hits recommendations
Porsche shares (PAH3.De, P911.de, Paahy) on Monday decreased by 6% after a German luxury sports car manufacturer paused its electrical models due to low demand and tariffs, which caused the company to reduce its 2025. The prospect of profitability.
Reuters reports:
Read more here.
Novartis CEO says the company’s stock will allow her to withstand the possible Rump rates
Reuters reports:
Read more here.
Shares overtake the risk of tariffs when income expectations increase
Bloomberg News Reports:
Read more here.
Car manufacturers opposed rates to raise cars due to tariffs. It may not last.
Reuters reports:
Read more here.
Coffee slides report to US legislators to look for tariff exception
Bloomberg News:
Read more here.
BOJ Governor Ueda: Cost Hiking will depend on tariffs
The Japanese bank on Friday maintained stable interest rates, but decided to start selling its risky assets package. Boj Governor Kazuo Ueda said hikes would be dependent on tariffs.
Reuters reports:
Read more here.
China has been pursuing the trade country, avoiding soy in our first year since 1990.
For the first time since 1990 China did not buy any US soybeans at the beginning of the export season. Some say it is a sign that Beijing uses agriculture as a leverage in their trade in the fight against Washington.
Bloomberg News:
Read more here.
Trump sets its very awaited Friday call with XI Jinping
Today, there is a great deal of expectations for the President’s Trump’s invitation with Chinese President Xi Jinping. The Yahoo Finance Washington correspondent Ben Werschkula dives into what seems to be the most anticipated call of the year.
Read more here.
The global economy is currently imas
The threat to the global economic order arose quickly and quickly as President Trump took office in January, but the reaction of the world ownership and bond markets was “a bit extraordinary shoulders.”
Reuters reports:
Read more here.
Short and XI seeks to “tik” victory to break the US -Chinese mesh
It is expected that “Tiktok” will enter the “Friday morning” call between President Trump and Chinese President Jinping’s agenda list, as both sides seek to help maintain a video program in the US and facilitate the voltage between the two sides, which are currently locked in compromise.
Reuters reports:
Read more here.
Agricultural Secretary: Rates could finance rescue to US farmers
Trump’s administration plans to use tariff revenue for US farmers, – Agricultural Secretary Brooke Rollins told Financial Times.
Plans for farmers to go to harvest time, when export sales have been reduced and costs are increased.
FT reports:
Read more here.
China drops Google antimonopolistic probe in US trade negotiations
China drops the antitrust probe to Google (Goog), as Beijing and Washington increase negotiations on “Tikatok”, NVIDIA (NVDA) and trade during financial times.
This step arises when the tension rises high between the US and China, which has held three days in Madrid for three days this week.
China’s antitrust NVIDIA study was moving forward after the authorities said the preliminary probe found that he had violated the laws of antitrum. Meanwhile, Beijing has actually banned Chinese large technology companies to order NVIDIA AI chips.
Financial Times reports:
Read more here;
Swiss watches exports decrease as US tariffs increase Chinese demand troubles
Bloomberg reports:
Read more here;
Bristol Myers will sell 60% of the Chinese joint company shares
US drug manufacturer, Bristol Myers Squibb (BMY), announced on Tuesday that he had signed an agreement to sell 60% of the pharmaceutical joint venture in China.
When the rates are accepted and President Trump seeks more companies’ investment in the US, many firms withdraw from abroad to reduce the impact of higher taxes.
Reuters reports:
Read more here.
FedEx profits need to be dragged by US rates on previously exempt parcels
FedEx (FDX) will report that the President’s Trump’s decision would be a quarterly profit to eliminate the Tariffs’ Treatment Treatment of Popular Direct Users, such as small parcels, less than $ 800.
