Treasury Secretary Scott Bessent, on Bloomberg Television on June 30, didn't predict how many deals would be announced with the 18 largest trading partners of the U.S. before July 9. However, he said that countries "are coming in with offers" that long-time staff negotiators "can't believe," because they're so good.
Social Media
Social media platforms are facing intense scrutiny over how they collect, share and monetize user data. As new state and federal laws focus on age verification, parental controls and transparency requirements, social media companies face legal risks around algorithmic targeting, third-party tracking and children's safety. This page follows key legislation, investigations and lawsuits shaping privacy practices for major social platforms.
President Donald Trump, on social media, said the U.S. is "hereby terminating ALL discussions on Trade with Canada, effective immediately" because its digital services tax is not being delayed. The first payments are due on July 1.
President Donald Trump, on social media, said the U.S. is "hereby terminating ALL discussions on Trade with Canada, effective immediately" because its digital service tax is not being delayed. The first payments are due on July 1.
The U.S. and China reached an agreement for Beijing to rein in export curbs on critical minerals, and for the U.S. to "provide to China what was agreed to," President Donald Trump said June 11, offering few details about the substance of the deal.
The last time President Donald Trump attended a Group of 7 meeting in Canada, he insulted Canada's prime minister on social media as he flew home -- then, as now, the relationship with allies was strained due to U.S. tariffs (see 1806110028). It also was the only time a member refused to sign the leaders' communiqué.
Mexican President Claudia Sheinbaum promised unspecified retaliatory measures against the U.S. for doubling tariffs on steel and aluminum, unless a deal is struck between the two countries before next week.
President Donald Trump got the phone call with Chinese President Xi Jinping he'd been seeking, and Trump wrote on social media that "there should no longer be any questions respecting the complexity of Rare Earth products."
Both on social media and during a press conference, President Donald Trump said China has not fulfilled its promises offered as part of the de-escalation from 145% U.S. tariffs and 125% Chinese tariffs.
President Donald Trump, after speaking to European Commission President Ursula von der Leyen on May 25, said it would be his "privilege" to give talks between the EU and the U.S. the same runway as other talks to avoid a hike in reciprocal tariffs.
President Donald Trump elaborated on his tariff intentions with reporters in the White House, after posting online earlier in the day that 50% tariffs would begin on EU exports on June 1, and that he would be imposing a 25% tariff on imported iPhones.