Funding & Business

Trump Sets Aug. 1 Start for Tariffs Ahead of Wednesday Deadline

Published

9 hours ago

July 7, 2025

President Donald Trump plans to announce trade deals and deliver tariff warnings on Monday, as countries negotiated through the weekend to avoid the highest punitive measures on their exports to the US before a Wednesday deadline.

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Funding & Business

Trump Unveils Tariffs Ranging From 25% to 40%

Published

36 minutes ago

July 7, 2025

The Editors

President Trump has announced plans to impose higher tariffs on goods from several countries, including Japan, South Korea, Malaysia, and others, with rates ranging from 25% to 40%. Rep. Kathy Cantor, a Democrat from Florida, says she doesn’t know why Trump is imposing tariffs on allies like Japan and South Korea. (Source: Bloomberg)

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Funding & Business

Musk Alienated Both Dems and GOP, Simplify's Green Says

Published

1 hour ago

July 7, 2025

The Editors

Michael Green, portfolio manager and chief strategist at Simplify Asset Management, says Elon Musk’s political ambitions have managed to divide both sides of the US political party away from Tesla. He joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech” to discuss. (Source: Bloomberg)

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Funding & Business

Beschloss on Trump's Japan and South Korea Tariffs

Published

1 hour ago

July 7, 2025

The Editors

President Donald Trump said he’ll impose tariffs of 25% on goods from Japan and South Korea beginning Aug. 1, giving the two export powers a narrow three-week window to open their markets to American products and manufacture more in the US to avoid his unilateral levies. Rock Creek Group CEO & Founder Afsaneh Beschloss has more on the story. (Source: Bloomberg)

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