China’s exports surged even more than expected in July, as Chinese companies raced to ship goods to Southeast Asia and other regions, often for onward shipment to the United States, before President Trump could raise tariffs on imports. 😆
https://www.nytimes.com/2025/08/07/business/economy/china-tariffs-exports-imports.html
'I won't humiliate myself': Brazil's president sees no point in tariff talks with Trump. 👏
Out in the open: the US administration’s attempt to undermine the EU Digital Services Act (and other regulations) was evident.
Now it has been elevated to formal policy and goal of diplomatic efforts.
Out in the open: the US administration’s attempt to undermine the EU Digital Services Act (and other regulations) was evident.
Now it has been elevated to formal policy and goal of diplomatic efforts.
Trump’s use of tariff threats has devolved into a form of extortion, leveraging US economic power to coerce countries into making multibillion-dollar investments to avoid high tariffs.
The long-term effects of such coerced investments will very likely lead to collapse of global trade with the US.
https://www.nytimes.com/2025/08/04/us/politics/trump-tariffs-foreign-investment.html
Trump says EU could face 35% tariffs if it fails to meet $600bn investment promises, threatens with pharma tariffs.
The EU has exposed itself as being spineless, and the Americans will now keep making increasingly draconian demands. This is why every nation with a shred of sovereignty stood firm in face of the threats.
Shock, dismay and angst swept across India as businesses, policymakers and citizens digested U.S. President Donald Trump’s sharp remarks and a surprise 25% tariff rate earlier this week. https://www.japantimes.co.jp/business/2025/08/02/india-aghast-trump/?utm_medium=Social&utm_source=mastodon #business #india #us #trade #tradewar #tariffs #donaldtrump #narendramodi
Brazil President Luiz Inacio Lula da Silva’s defiant response to Donald Trump’s 50% tariff threat was validated Wednesday — at least in the short term — with markets and businesses breathing a collective sigh of relief at the long list of exemptions to the levies.
Contrast this with the EU folding unconditionally.
https://ca.finance.yahoo.com/news/lula-defiance-pays-off-trump-113119274.html
French PM says EU-U.S. trade deal an act of ‘submission’ and a dark day for Europe.
The EU-US deal restores stability and predictability for citizens and businesses on both sides of the Atlantic.
It secures continued access for EU exports to the US market, preserving deeply integrated value chains and safeguarding jobs. It provides the basis for continued collaboration.
The deal sets out the parameters of the EU-US trade relationship. It is the first step in a process that will be further expanded over time to cover additional areas and continue to improve market access.
Japan expects only 1% to 2% of its recently agreed upon $550 billion US fund to be deployed as investment, with loans making up the bulk of the rest, according to the nation’s top chief negotiator Ryosei Akazawa.
The US and EU came to a "deal" where the US will tax EU products at 15%, while the EU agreed to zero on US goods. 🤡
https://www.cbc.ca/news/world/us-eu-trade-deal-tariff-1.7595078
Despite Trump's steep tariffs, China exported triple what it imported from the US in 2025 so far.
Since things are edging towards all-out trade war, can somebody remind @EUCommission of the option of rescinding all EU IP protection legislation derived from the US DMCA 1201, simultaneously defanging Big Tech & turning Euorpe into an interoperability innovation powerhouse with an audience of billions already rearing...?
Tell them to call @pluralistic, he'll explain. I can't find the article right now for some reason - pro'lly shoulda bookmarked it.
Since things are edging towards all-out trade war, can somebody remind @EUCommission of the option of rescinding all EU IP protection legislation derived from the US DMCA 1201, simultaneously defanging Big Tech & turning Euorpe into an interoperability innovation powerhouse with an audience of billions already rearing...?
Tell them to call @pluralistic, he'll explain. I can't find the article right now for some reason - pro'lly shoulda bookmarked it.
China emerges from the trade war chaos with record exports. Surplus Exports rose 5.8% in June from a year earlier to $325 billion, exceeding the median estimate in a Bloomberg survey of analysts. Imports rose 1.1% to grow for the first time since February, according to data from the General Administration of Customs on Monday.
https://finance.yahoo.com/news/china-export-growth-picks-fragile-040846901.html
Copper traders look to Chinese buyers in post Trump-tariff world. 😆
The #US imposes 30% of #UStariffs to the #EuropeanUnion. According to Politico, the Commission is ready to retaliate. EU OS believes that a European response with Tariffs on US BigTech services (or all services that face trade deficits) would make so much more sense if the EU had alternatives for those in place. This is why #EU_OS, #EuroStack and #DigitalSovereignty is important. It offers more leverage.
https://www.politico.eu/article/donald-trump-hits-eu-with-sweeping-30-percent-tariffs/
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