China warns Trump on tariffs, threatens retaliation on supply chain deals
“China, initially singled out with tariffs exceeding 100 per cent, has until Aug 12 to reach an agreement with the White House to keep Mr. Trump from reinstating additional import curbs imposed during tit-for-tat tariff exchanges in April and May.”
[Reuters]
South Korea to step up U.S. trade talks before tariffs kick in on August 1
“South Korea’s top trade envoy and the country’s presidential security adviser have traveled to the United States in recent days for trade and defense talks as Asia’s fourth-largest economy raced to seek an exemption from Trump’s threatened tariffs.”
[Reuters]
Trump warns BRICS of extra 10 percent tariffs
“The Trump administration’s concerns with BRICS in part stem from efforts by particular members - including Russia and China - to push for reducing global reliance on the dollar for international trade and finance.”
[Hindustan Times]
South America's Mercosur, Europe's EFTA bloc seal trade deal
“The ‘comprehensive and broad-based’ Free Trade Agreement (FTA) covers trade of goods, services, investment, and intellectual property rights, among a range of other sectors. The FTA will also see the removal of customs duties, which is designed to boost trade between the two blocs.”
[Deutsche Welle]
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