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President Trump said on Tuesday that Japan was being "tough" in trade talks and the European Union has failed to offer a fair deal. Speaking after leaving the G-7 summit in Canada early, the US President told reporters aboard Air Force One that the EU had been tough with the US.
Indonesia posted a trade surplus of $4.9 billion in May based on preliminary customs data, the finance minister said on Tuesday, which would be the country's biggest monthly surplus in more than two years.
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South Korea’s President Lee Jae-myung hopes to clinch a trade agreement with the US ahead of a looming July deadline, according to his nominee for prime minister, after a high-stakes meeting with Donald Trump was called off at the last minute.
IT budgets were under pressure before these developments, with Gartner projecting worldwide IT spending to grow by 9.3% in 2025. Coupled with global trade tensions increasing the price of essential IT equipment imports such as laptops, desktops, servers, GPU and networking gear, businesses need to consider what costs they can cut now.
U.S. trading partners hope face time with the president in Canada can serve as a breakthrough for stalled negotiations.
Pakistan and US officials held high-level tariff talks on Monday and aim to finalize a trade agreement at the earliest, Islamabad said in a statement, as the South Asian nation pushes for relief from retaliatory duties imposed by President Donald Trump.
The two Red Sox executives suggested Devers's refusal to consider playing play first base after a season-ending injury to Triston Casas in early May fractured his relationship with the organization.
U.S. President Donald Trump said on Tuesday that Treasury Secretary Scott Bessent had stayed at the G7 meeting in Canada, and suggested Japan was being "tough" in trade talks and the European Union had not yet offered what he considered a fair deal.
Overall, Trump's trade war is likely to have two effects on Nvidia over the next three years. Its China sales should remain far lower than their potential, while manufacturing costs should rise if they are produced in the U.S. -- even if the company's efforts do insulate it somewhat from future trade war escalations.