Policy Update
June is setting up as a critical month ahead of President Trump’s July 9 deadline for tariffs.
While positive results were reported in trade talks this week, no formal trade deals were reached.
Fed’s Beige Book flags ag strains.
Frustrations with China appear to be rising.
Tensions between the world’s two largest economies are heightening again in the ever-changing trade saga.
As Trump’s tariffs are embroiled in a legal battle, talks with China ‘a bit stalled.’
Trump can offset tariff ruling with other tools.
India willing to offer other ‘deep’ tariff cuts to secure trade deal.
President Trump delayed planned 50% tariffs on the EU to July 9.
U.S. to tell EU its offer falls short of administration’s demands.