Trump’s Japan Trade Deal
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U.S. President Donald Trump announced a new 19% tariff rate for goods from the Philippines on Tuesday after what he called a "beautiful visit" by Philippine President Ferdinand Marcos Jr. to the White House,
President Donald Trump announced new trade deals with Japan and the Philippines this week, bringing the total number of deals to five. However, several major trading partners still haven’t reached trade agreements with the U.S. ahead of the Aug. 1 deadlines.
Plus, A London court orders the estate of late tech entrepreneur Mike Lynch to pay nearly $950 million to Hewlett-Packard over the Autonomy deal. And Coca-Cola confirms a switch to raw cane sugar — a move backed by President Trump but raising eyebrows among U.S. corn growers.