https://www.europesays.com/2348219/ EU gets 15% US tariff for cars, but fails to get wine reprieve | Nation #afp #business #China–unitedStatesTradeWar #economies #Economy #EuropeanUnion #GlobalPolitics #InternationalRelations #InternationalTrade #MarošŠefčovič #Politics #PoliticsOfTheEuropeanUnion #tariff #tariffs #TariffsInTheFirstTrumpAdministration #TariffsInTheSecondTrumpAdministration #trade #TradeWar
The US and EU released details of a trade deal that foresees lower car tariffs but no relief for Europe's wine sector, but Brussels said it would push for further concessions. US President Donald Trump and EU Commission President Ursula von der Leyen clinched a framework accord in July for most EU exports to face a 15% US levy. FRANCE 24's Yuka Royer reports.
#US #EU #trade #tariffs #economics
The Secret To Understanding U.S. Politics - Monopolies
#Imperialism squashes
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#monopoly
#capitalism #finance #trade
#Gaza #Palestine #Syria #iran #lebanon #Genocide #geopolitics #Africa
@palestine @lebanon @yemen #SettlerColonialism
#AntiImperialism #tiktok #cdnpoli
#canada #usa #yemen
@blackmastodon #freePalestine #GazaGenocide #IsraelTerroristState #StopGenocide
#palestina #StopAIPAC #IDFTerrorists #DismantleZionism
https://www.alojapan.com/1351516/indian-pm-modi-to-visit-japan-will-hold-summit-with-pm-ishiba-on-bilateral-security-economy/ Indian PM Modi to visit Japan; will hold summit with PM Ishiba on bilateral security, economy #Defence&Security #Geopolitics #India #Japan #TheJapanNews #trade #VisitJapan August 21, 2025 TOKYO – Prime Minister Shigeru Ishiba informed Liberal Democratic Party executives about Indian Prime Minister Narendra Modi’s visit to Japan next week, LDP’s Secretary General Hiroshi Moriyama said at a press conference on Tuesday. Ishiba detailed the v
Far fewer Canadians are visiting the U.S. this year : NPR
#tourism #Canada #trade #duh
https://www.npr.org/2025/08/21/nx-s1-5508461/fewer-canadians-visiting-us
The US caps tariffs on European cars and medicines at 15 percent.
The US will cap tariffs on European cars, pharmaceuticals and semiconductors at 15 percent, Washington and Brussels have agreed in a joint statement seen by POLITICO.
Donald Trump and Ursula von der Leyen's account of the deal differed on the day, notably on pharma, causing concern that drug producers in Europe could end up being priced out of the US market entirely.
#JacksonHole to open under #Trump's shadow
The #FederalReserve has the full attention of global markets, not least because the #US central bank's highly anticipated Jackson Hole symposium kicks off later today.
Central bankers from around the world will attend, & investors are likely to hang on every word they utter. But chief among them all is #JeromePowell's speech on Friday - his last one at the annual gathering as #Fed chairman.
#economy #trade #tariffs #inflation
https://www.reuters.com/world/china/global-markets-view-europe-2025-08-21/
Amid the rapid growth of cross-border e-commerce, there is increasing global momentum to review systems that allow tax exemptions for low-value imports. https://www.japantimes.co.jp/business/2025/08/21/economy/japan-low-value-imports-duty-exemption-revision/?utm_medium=Social&utm_source=mastodon #business #economy #trade #ecommerce #china #financeministry
https://www.europesays.com/2346185/ Trump’s peculiar policy playbook for China, India and Russia #AsiaEconomy #BreakingNews:Economy #BreakingNews:Politics #BusinessNews #Economy #Politics #RegwallPro #Russia #trade
https://www.europesays.com/2346181/ Watershed moment that reshaped Somalia’s trajectory #AbdulkadirMohamedNur #África #AnadoluAjansı #erdogan #infrastructure #Mogadishu #MohamedDhuubow #PresidentRecepTayyipErdogan #RecepTayyipErdogan #security #somalia #Türkiye #trade #Turkey #TurkishCooperationAndCoordinationAgency(TIKA) #TurkishPresidentRecepTayyipErdogan #turkiye
Voters may still trust Republicans more than Democrats on the issues, but their net disapproval of the administration’s initiatives points to a larger political problem. https://www.japantimes.co.jp/commentary/2025/08/20/world/white-house-economys-worst-enemy/?utm_medium=Social&utm_source=mastodon #commentary #worldnews #donaldtrump #useconomy #trade #tariffs
U.S. Commerce Secretary Howard Lutnick says Japan's $550 billion of investment funding in return for lower U.S. tariff rates will be directed by U.S. President Donald Trump to benefit the United States. https://www.japantimes.co.jp/business/2025/08/20/economy/lutnick-cnbc-billion/?utm_medium=Social&utm_source=mastodon #business #economy #ryoseiakazawa #tariffs #donaldtrump #trade #carmakers #us #japaneseeconomy #usjapanrelations #scottbessent #howardlutnick
…#Trump has himself been found actually #liable of #fraud for #lying to #lenders to secure more favorable interest rates on #loans. Judge #Engoron in #NewYork last year found that Trump had inflated his #NetWorth on loan applications, & imposed a fine of about $450 million, including interest now totaling upwards of one billion dollars. Trump has appealed the ruling.
In a letter posted Wednesday to social media, #FHFA director Pulte revealed that the housing agency had been investigating #LisaCook on *suspicion* of mortgage fraud. It marked just the latest instance in which Pulte, a key political ally of #Trump, had personally targeted a member of the #Fed, after he helped stoke suspicion around #JeromePowell & drafted a letter for Trump firing the chair.
In attacking #LisaCook, the FIRST #Black #woman to EVER serve as a #Fed governor, both #Trump & Pulte signaled anew their willingness to #weaponize the instruments of government to #influence monetary #policy, even though experts long have warned that interfering with the Fed & its #independence could bring about catastrophic economic & financial consequences.
#Trump unleashed his latest attack shortly after [Trump appointee] Bill Pulte, the director of the #Federal #Housing #Finance Agency [#FHFA], said on social media that his office had investigated Ms. Cook & found that she *appeared* to have falsified bank documents to obtain favorable loan terms. Pulte said the FHFA had referred the matter to the #DOJ for a #criminal inquiry.
#Trump demanded on Wednesday that a #FederalReserve governor, #LisaCook, “resign, now!!!,” citing unconfirmed allegations that she *may* have engaged in mortgage fraud. It is the latest sign that the admin is ramping up its campaign to remake the #independent #CentralBank. Trump has pressured the bank to lower #InterestRates, which it has kept steady out of concern that his policies could cause #inflation.
#economy #law #tariffs #trade #immigration #labor #recession
https://www.nytimes.com/2025/08/20/us/politics/trump-fed-resign-lisa-cook-governor.html?smid=url-share
https://www.europesays.com/2344507/ US-EU trade deal not far from ECB’s baseline forecast, Lagarde says #Economy #EconomyOfEU #EconomyOfTheEU #EUEconomy #Europe #trade