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The Latest Breaking News from Josh Lipsky

Trump says he will impose new tariffs on South Korea as he criticises delays in trade deal

US president says tariffs on automobiles, lumber and pharmaceuticals will rise to 25%, accusing Seoul of not living up to a trade deal struck last year

The Guardian - AU

US tariffs: Supreme Court may curb Trump’s favourite trade weapon

The Supreme Court could restrict Trump’s use of tariffs, challenging his unprecedented trade strategy.

Euronews

US Fed Poised For First Rate Cut Of 2025 As Political Tension Mounts

The US Federal Reserve is widely expected to make its first interest rate cut of the year at its policy meeting this week, spurred by a weakening jobs market -- but political tension looms over the gathering.

International Business Times

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Trump Targets Tariff Evasion, With Eye On China

As the United States ramps up tariffs on major trading partners globally, President Donald Trump is also disrupting strategies that could be used -- by Chinese companies or others -- to circumvent them.

International Business Times

Trump sends tariff letters, placing 25% duty on Japan and South Korea

Higher tariffs had been set to come into effect on 9 July, although the US president has now moved this date to 1 August.

Euronews

Deal Or No Deal: What Happens With Trump's July Tariff Deadline?

A week before US President Donald Trump reimposes steep tariffs on dozens of economies, including the EU and Japan, many are still scrambling to reach a deal that would protect them from the worst.

International Business Times

What Is In The New US-UK Trade Deal?

The "breakthrough" US-UK trade deal announced Thursday by President Donald Trump is the first agreement to be unveiled since he slapped steep tariffs on allies and adversaries alike on April 2.

International Business Times

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Trump Tariff Promises Get A Reality Check

A gathering of global economic leaders in Washington wraps up Saturday with tariff talks between the United States and partners still unresolved -- and anxiety building over the state of the global economy.

International Business Times

Yellen To Address G20 Finance Leaders On US Policy Commitments After Biden's Withdrawal From Presidential Race

U.S. Treasury Secretary Janet Yellen's presence at the G20 summit in Brazil aims to address subjects on green energy incentives, efforts to tackle debt distress, support for Ukraine and the capacity of China's manufacturing sector.

International Business Times

War sanctions against Russia highlight growing divisions among the Group of 20 countries

Treasury Secretary Janet Yellen is facing growing skepticism from some leading rich and developing nations as the residual impact of sanctions against Russia is deepening divisions among the Group of 20 countries

The Independent UK

US-China officials to meet on economy, aim to ease tension

U.S. Treasury Secretary Janet Yellen is set to sit down with her Chinese counterpart in Switzerland on Wednesday

The Independent UK

Biden enters fractious G-20 buoyed by US election surprise

President Joe Biden is headed to one of the most momentous Group of 20 summits in years, poised for a landmark meeting with his Chinese counterpart and buoyed by a better-than-expected performance in U.S. midterm elections.

Tribune News Service

Ukraine war, tensions with China loom over big Bali summit

A showdown between Presidents Joe Biden and Vladimir Putin isn’t happening, but the fallout from Russia’s invasion of Ukraine and growing tensions between China and the West will be at the fore when leaders of the world’s biggest economies gather in tropical Bali this week

The Independent UK

Yellen challenges China in ‘moment for choosing’ on world order

WASHINGTON — Treasury Secretary Janet Yellen has sketched out her vision for a new era of economic cooperation among nations that share key values and principles, in a sweeping speech that laid down a stern challenge to China.

Tribune News Service

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