Trump, Trade Deal
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China, American trade
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The euro steadied near its lowest in a month on Wednesday, nursing steep losses this week as investors counted the cost of the U.S.-EU trade pact and looked ahead to policy meetings from the Federal Reserve and the Bank of Japan.
It’s a race against time for some of America’s top trading partners who are negotiating furiously to reach agreements by Aug. 1.
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Steven Erlanger, chief diplomatic correspondent for The New York Times, speaks to Bianna Golodryga about the new trade deal announced between the European Union and the United States that will see the bloc pay a 15% tariff on most of its trade,
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Three South Korean cabinet-level officials met U.S. Commerce Secretary Howard Lutnick in Washington in a push to close a trade deal, Seoul said on Wednesday, squaring off with a key U.S. official driving a hard bargain just ahead of a deadline.
The Milwaukee Brewers aren't going to be categorized as sellers at this year's Trade Deadline, but they very well could trade from their big league roster. The starting rotation is an area of abundance for the Crew and it's always in high demand at this time of year.
"We're in much better shape because it's now clear that if there's gonna be a real trade war with anyone, it would just be with China," Secretary Ross tells Fortune.
Canada's main stock index edged higher on Tuesday, led by technology shares, as investors assessed corporate earnings and focused on trade deals with the U.S. ahead of the August 1 tariff deadline.
The Toronto Blue Jays have been one of the best teams in baseball this year, but they'll need to make a few upgrades at the trade deadline to keep it that way.