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Trump’s 30% tariff on Europe would effectively knock out transatlantic trade, says EU trade chief
The European Union has warned that its trade with the United States could be effectively wiped out if Washington makes good on its threat to slap a 30% tariff on goods imported from the bloc. A tariff of “30%, or anything above 30%… has more or less the same effect. So, practically it prohibits the trade,” Maroš Šefčovič, the EU’s trade commissioner, said as he arrived ahead of an EU ministerial meeting in Brussels on Monday. Šefčovič said it will “be almost impossible” for the bloc to continue its current level of trade with America if that new tariff rate is implemented on August 1 – the date ... (full story)
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From dailyforex.com|Jul 14, 2025The gold market rallied significantly during the trading session on Friday, gaining well over 1% as the United States is now starting to talk about tariffs on most countries ...
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From @realDonaldTrump|Jul 14, 2025|22 comments
The United States of America has been ripped off on TRADE (and MILITARY!), by friend and foe, alike, for DECADES. It has come at a cost of TRILLIONS OF DOLLARS, and it is just not sustainable any longer - And never was! Countries should sit back and say, “Thank you fo...
From morningstar.com|Jul 14, 2025America must control its copper supply - but Washington doesn't have many chances to get it right The U.S. copper industry is in crisis - and Washington is finally taking notice. ...
From @financialjuice|Jul 14, 2025|10 commentsFed's Hammack: I see an economy that's really healthy. Fed's Hammack Says Inflation Has Improved But Remains Too High FED'S HAMMACK: GOES INTO EVERY FED MEETING WITH AN OPEN MIND Fed's Hammack: We are not there yet on inflation, it's important to stay restrictive on monetary policy. Fed's Hammack: I don't see an imminent need to cut rates.
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- Jul 14, 2025 6:28am Posted byFundamental Analysis16,191
