via Al Jazeera – Breaking News, World News and Video from Al Jazeera — Mexican president says she is seeking a decrease in tariffs as both countries seek new bilateral trade deal.

YouTube video by Wayne's World of Science and Technology

Detailed accounts of the final hours of the negotiations show that, while the United States offered Canada what it said was the best deal of any country, what Canada had to give up in exchange was see...

via World news | The Guardian — Breakdown shows Washington now prioritises its own interests over any semblance of shared economic ground ‘No more!!!’: Trump lashes out after US-Canada talks devolve into trade war The calamitous collapse of trade negotiations between Canada and the United States is a warning to nations worldwide that pursuing any kind of dialogue with the current US administration is doomed at the outset, according to observers who say this recent episode indicates seeking a fair deal is futile. Andrea Lawlor,

via The Hill News — The details of the failed trade negotiations between the U.S. and Canada, which sparked tit-for-tat 50 percent tariffs on certain goods between the two countries, are now coming to light. U.S. Trade Representative Jamieson Greer said in a Saturday evening interview with The New York Times that, before this weekend, officials had offered to reduce…

via ABC News: Top Stories — Tension between Washington and Ottawa is already high, stoked by trade disputes and President Donald Trump's inflammatory comments about making Canada the 51st U.S. state

A Quebec representative at the summit cited a 45% tariff on softwood lumber and a 50% tariff on aluminum, saying those measures are increasing costs for housing and auto manufacturing and urging clarity from U.S. negotiators.

Alberta Premier Danielle Smith has stated that she will not retaliate against U.S. President Donald Trump's threat of a 50% tariff on Canadian goods by implementing an alcohol ban. During a provincewide radio show, Smith emphasized the need for measured responses and urged calmness in addressing trade issues. She noted that American authorities have not banned any Canadian products, making an alcohol ban an excessive measure. Alberta's decision to halt American alcohol imports last year was part of broader provincial efforts to counter Trump's tariff threats, but Smith insists the approach should remain diplomatic rather than confrontational. The situation reflects ongoing tensions in U.S.-Canada trade relations, with other provinces like Ontario and Quebec continuing to avoid stocking U.S. alcohol. While Prime Minister Mark Carney highlighted intensified trade negotiations, Alberta and Saskatchewan have resisted using cross-border exports as leverage. Smith expressed optimism about reaching an agreement with the U.S., underscoring the importance of diplomatic engagement over retaliatory measures.

via BBC News — The first US presidential visit to China in almost 10 years will test a fragile tariff truce.

Trade Agreement In Sight, Envoy Intensifies Engagement With Republicans.

Brazilian President Luiz Inácio Lula da Silva and US President Donald Trump have agreed to start immediate negotiations on tariffs and sanctions imposed by Washington, following a meeting in Malaysia that sought to ease trade tensions.

US Trade Envoy In India To Rekindle Trade Talks.

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KUALA LUMPUR, Aug 15 — Bank Negara Malaysia (BNM) has maintained its 2025 gross domestic product (GDP) projection of between 4.0 per cent and 4.8 per cent, taking into...

Investing.com-- The U.S. and China are expected to extend their tariff truce by an additional 90 days during trade talks starting Monday in Stockholm, the South China Morning Post (SCMP) reported on Sunday, citing sources close to the discussions. The temporary suspension of most tariffs, agreed in May, is set to expire on August 12. According to the SCMP report, both sides will use the third round of negotiations to outline their positions on unresolved issues, including U.S. concerns over China’s industrial overcapacity, rather than pursue immediate breakthroughs. Sources told SCMP that during the extension, neither side plans to impose new tariffs or escalate the trade conflict. Beijing is also expected to seek clarity from Washington over the 20% tariffs imposed on Chinese goods in March related to fentanyl concerns, the report said. President Donald Trump said Sunday the U.S. is “very close” to a deal with China, but did not elaborate. In an editorial on Sunday, China’s People’s Daily said Beijing remains committed to resolving disputes through equal dialogue and mutual respect. With valuations skyrocketing in 2024, many investors are uneasy putting more money into stocks. Unsure where to invest next? Get access to our proven portfolios and discover high-potential opportunities. In 2024 alone, ProPicks AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. That's an impressive track record. With portfolios tailored for Dow stocks, S&P stocks, Tech stocks, and Mid Cap stocks, you can explore various wealth-building strategies.

Asian stocks firm as investors look to tariff negotiations, earnings  Reuters

By Ankur Banerjee SINGAPORE (Reuters) -Asian share markets held their ground near a four-year peak on Tuesday, buoyed by Wall Street’s closing record high ahead of a slate of corporate earnings while investors took stock of tariff negotiations between the U.S. and its trading partners. The Japanese markets returned to action after a holiday in the previous session following the weekend’s election where the ruling coalition suffered a defeat in upper house elections, although Prime Minister Shigeru Ishiba vowed to remain in his post. Japanese shares briefly jumped at the open before trading modestly higher, while bonds had a muted reaction as the election results were largely priced in and were not as bad as investors had feared. The yen rallied 1% on Monday, recouping some of the losses from past weeks and was last little changed at 147.46 per dollar on Tuesday. Kristina Clifton, an economist at the Commonwealth Bank of Australia (OTC:CMWAY), said the weakening of Ishiba’s leadership will open the door to more fiscal expansion which is negative for Japanese assets, including the yen. "The bottom line is longer term Japanese government bond yields and JPY can fall if concerns about Japan’s fiscal spending deepen." MSCI’s broadest index of Asia-Pacific shares outside Japan hit its highest level since October 2021 in early Asian hours but was last little changed. The index is up nearly 16% this year. Overnight, the S&P 500 and the Nasdaq notched record-high closes on Monday, lifted by Alphabet (NASDAQ:GOOGL) and other megacaps ahead of a burst of earnings reports this week. Investor focus has been on tariff negotiations ahead of the August 1 deadline with the European Union exploring a broader set of possible countermeasures against the United States as prospects for an acceptable agreement with Washington fade. The most important deals for the global outlook are with the EU and Japan, CBA’s Clifton said. "The USD reaction to the announcement of trade deals with these countries would depend on the details of the deals in our view," Clifton said, noting the dollar could turn down again against the euro and the British pound. The euro was steady at $1.1689, after rising 0.5% in the previous session but still away from the near four-year high it touched at the start of the month. The single currency is up 13% this year as investors look for alternatives to U.S. assets bruised by tariff uncertainties. The dollar index measure against six other key currencies was at 97.905. [FRX/] The rumblings around the Federal Reserve’s independence and whether U.S. President Donald Trump will fire Fed Chair Jerome Powell have kept investors on tenterhooks in recent weeks. Trump appeared near the point of trying to fire Powell last week, but backed off with a nod to the market disruption that would likely follow. U.S. Treasury Secretary Scott Bessent on Monday said the entire Federal Reserve needed to be examined as an institution and whether it had been successful, further exacerbating worries about the independence of the U.S. central bank. The Fed is widely expected to hold rates steady in its July meeting but might lower rates later in the year. Market focus will be squarely on Powell’s speech later on Tuesday for clues about when the Fed might ease policy. Goldman Sachs strategists expect the Fed to deliver three consecutive 25-basis-point cuts starting in September, "provided inflation expectations remain in check amidst worries about Fed independence." Brent crude futures fell 0.35%, to $68.97 a barrel, while U.S. West Texas Intermediate crude eased 0.31% to $66.99 per barrel. [O/R] Before you buy stock in GOOGL, consider this: ProPicks AI are 6 easy-to-follow model portfolios created by Investing.com for building wealth by identifying winning stocks and letting them run. Over 150,000 paying members trust ProPicks to find new stocks to buy – driven by AI. The ProPicks AI algorithm has just identified the best stocks for investors to buy now. The stocks that made the cut could produce enormous returns in the coming years. Is GOOGL one of them?

Cryptocurrency Live News & Updates : Japan and U.S. Tariff Negotiations Ongoing  The Economic Times http://dlvr.it/TLnZg9

Japanese negotiators have just days before the end of Trump’s 90-day pause on punishing tariffs to pull off a breakthrough

Bangladesh NSA In Washington, Talking To Trump Officials. More Regional Shifts?.

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