President Donald Trump announced on July 15, 2025, a preliminary trade agreement with Indonesia—shortly after threatening a steep 32% tariff on Jakarta’s exports . Under the deal: Trump framed the deal as mutually beneficial: “They are going to pay 19% and we’re going to pay nothing…this gives us access into Indonesia, which we’ve never had”…
Just days after President Trump revealed a surprise 50% tariff on imported copper, commodity markets erupted. Copper prices on COMEX spiked 13%, creating a rare 28% arbitrage window versus LME prices . Seizing the moment, major traders—Trafigura, Mercuria, Glencore, and IXM—rushed approximately 600,000 tonnes of copper into the U.S., converting global supply into home-market profit…
Date: June 27, 2025 In a sharp turn of economic diplomacy, U.S. President Donald Trump announced today that the United States is immediately terminating all trade negotiations with Canada. The catalyst: Ottawa’s decision to implement a 3% digital services tax (DST) targeting revenues earned by large technology companies from Canadian users—a move Trump labeled a…
In a significant development on June 11, 2025, President Donald Trump declared that the United States and China have reached a comprehensive trade agreement, effectively restoring a truce in the ongoing trade war between the two economic giants. This announcement follows intense negotiations in London, building upon a preliminary framework established in Geneva last month….
U.S. President Donald Trump said Wednesday that its was “extremely hard” to make a deal with his Chinese counterpart Xi Jinping, at a time when the White House has been suggesting the two leaders could talk this week amid rising trade tensions. Scott Bessent, U.S. treasury secretary, said Thursday stateside that trade talks were “a bit stalled,” and…
