President Donald Trump posted on social media that he is "pleased to announce" that trade negotiations addressing trade barriers between India and the U.S. are continuing. He added: "I look forward to speaking with my very good friend, Prime Minister Modi, in the upcoming weeks. I feel certain that there will be no difficulty in coming to a successful conclusion for both of our Great Countries!"
The executive order implementing the U.S.-Japan tariff deal is scheduled for publication in the Federal Register on Sept. 9, starting a seven-day clock for publication of a subsequent notice reducing tariffs on Japanese autos and auto parts currently subject to 25% Section 232 tariffs.
President Donald Trump posted on social media over the weekend that if the EU doesn't stop its "discriminatory actions" of fines against Apple, Google and other tech companies, "I will be forced to start a Section 301 proceeding to nullify the unfair penalties being charged to these Taxpaying American Companies" (see 2509050071).
President Donald Trump threatened to impose new tariffs on goods from the EU after the bloc fined Google more than $3 billion this week for violating antitrust laws. "We cannot let this happen to brilliant and unprecedented American Ingenuity and, if it does, I will be forced to start a Section 301 proceeding to nullify the unfair penalties being charged to these Taxpaying American Companies," Trump wrote Sept. 5 on Truth Social.
President Donald Trump, before a dinner with tech company CEOs Sept. 4, took a few questions from reporters, including one on planned tariffs on semiconductors and, possibly, goods made with chips.
President Donald Trump touted the secondary tariffs on India, the second-largest purchaser of Russian oil, as action to show his frustration with Russian President Vladimir Putin's continued aggression, when asked by a Polish reporter why he hadn't taken action against Russia to stop the war.
The U.S. apparently failed to implement promised tariff reductions on European Union goods in time for a Sept. 1 deadline outlined in an EU-U.S. joint statement issued Aug. 21.
President Donald Trump claimed that India offered to "cut their Tariffs to nothing," as India's Prime Minister, Narendra Modi, stood firm against U.S. tariff pressure and promised deeper trade ties with Russia.
South Korea is likely waiting for a more definitive trade agreement with the U.S., especially as the two countries seem to reflect differing opinions on what deals have been affirmed, according to experts' observations of the Aug. 25 meeting at the White House between President Donald Trump and South Korean President Lee Jae Myung (see 2508250065).
Vice President JD Vance said that the U.S. is imposing secondary tariffs on India for buying Russian oil, and not China, because China already has high tariffs.