Trump Issues New Tariff Rates and Trade Deal Deadline
Bloomberg Daybreak: Asia Edition
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Show Notes
President Donald Trump unveiled the first in a wave of promised letters that threaten to impose higher tariff rates on key trading partners, but suggested that he was still open to additional negotiations and pushed off increased duties until at least Aug. 1. Trump began the notifications with missives announcing his intent to impose 25% levies on goods from Japan and South Korea. A dozen more followed throughout the afternoon, outlining plans to tariff foreign goods from trading partners including South Africa, Indonesia, Thailand and Cambodia. We speak to Ahmed Riesgo, Chief Investment Officer at Insigneo.
And for more analysis, we heard from Skyler Weinand, Chief Investment Officer at Regan Capital.
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