The Democratic Party has celebrated the deal as a diplomatic success that protects national interests, while the conservative People Power Party argues that the government misled the public about the scale of South Korea’s cash investment in the US

The ICE raid that swept up 300 South Koreans in Georgia has strained an important bilateral relationship, and highlighted a significant challenge.

Bitcoin drops to $112,200 despite the US-EU 15% tariff trade deal, as investors favor stocks, and gold falls…

US Futures Climb After Trump Agrees EU Tariff Deal: Markets Wrap  Bloomberg.com

Japanese auto stocks are surging on Trump's tariff deal  Yahoo Finance

India is racing toward a July 8 deadline to finalize a mini trade deal with the U.S., but may seek an extension to August 1 if sticking points over GM crops and dairy imports remain unresolved.

Steel Stocks Slide on Report of Tariff Deal With Mexico  Barron's

NEW DELHI (Reuters) -Indian and U.S. are holding high-level talks this week, aiming to finalise tariff cuts in sectors such as farm and automobiles as part of an interim deal, two government sources said, with an announcement likely later this month. A U.S. delegation led by senior officials from the Office of the United States Trade Representative (USTR) began closed-door, two-day discussions in New Delhi on Thursday with Indian trade officials headed by chief negotiator Rajesh Agrawal, the sources said. "During the current round of talks, negotiators are discussing tariff cuts on specific sectors including agriculture and autos, and proposed benefits for Indian companies," one Indian government source, said. The deal may be formally announced by month end, before the self-imposed deadline of July 9 by President Trump, but a statement is expected once meetings wrap up, possibly by Sunday, a second official said. Trade Minister Piyush Goyal, currently in Italy, may return to meet the delegation, the official added. The officials said spoke on the condition of anonymity due to the sensitivity of the discussions. Indian trade ministry didn’t immediately respond to requests for comments. U.S. Commerce Secretary Howard Lutnick said in Washington on Monday that trade negotiations were progressing and a deal could be finalised soon. India and the U.S. agreed in February to work on a phased deal, aiming to lift bilateral trade to $500 billion by 2030. Officials said, India, buoyed by recent trade pact with the UK, and EU talks, is resisting U.S. demands to open its farm and dairy markets, citing potential rural backlash. "We are ready to offer a better deal than the UK pact, with average tariffs down to 10%, matching the U.S. base rate, and near-zero duties with quotas in exchange for market access and supply chain linkages," a third official said. Bilateral trade with the U.S., India’s largest trading partner, rose to $129 billion in 2024, with India posting a $45.7 billion surplus.

YouTube video by B.C. Begley

A 90-Day Truce: How the Latest US-China Tariff Deal Signals Hope-and Uncertainty-for Global Trade A Landmark 90-Day Truce: What Happened in Geneva The world’s two largest economies, the United States and China, have stunned global markets by announcing a major breakthrough in their long-running trade dispute. After two days of high-stakes negotiations in Geneva, both sides agreed to a 90-day suspension and substantial reduction of tariffs that had been crippling supply chains, raising costs, and fueling fears of a global recession.

A 90-Day Truce: How the Latest US-China Tariff Deal Signals Hope-and Uncertainty-for Global Trade A Landmark 90-Day Truce: What Happened in Geneva The world’s two largest economies, the United States and China, have stunned global markets by announcing a major breakthrough in their long-running trade dispute. After two days of high-stakes negotiations in Geneva, both sides agreed to a 90-day suspension and substantial reduction of tariffs that had been crippling supply chains, raising costs, and fueling fears of a global recession.

Investing.com -- European semiconductor shares have seen an upward trend following a mutual agreement between the U.S. and China to reduce reciprocal tariffs. Among the stocks witnessing a jump are ASML (AS:ASML), ASMI, BESI, STM, Infineon (OTC:IFNNY), and Melexis (EBR:MLXS). These shares have experienced an increase ranging from 6% to 10%. This positive response from the market is a direct result of the U.S. and China’s decision to cut down on reciprocal tariffs, indicating a potential ease in trade tensions between the two economic giants. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

YouTube video by BBC News

President Donald Trump has dismissed critics who asked how many deals he has brokered, after he paused some tariffs last month to allow for negotiations.

Stock Market Today: Dow Futures Edge Down; Investors Hope for More Tariff Deal Progress — Live Updates  WSJ