07-08-2025

Trump Escalates Trade War, Tariffs, and Diplomacy

Date: 07-08-2025
Sources: cbsnews.com: 1 | cnbc.com: 2 | edition.cnn.com: 2 | foxnews.com: 2 | france24.com: 2 | news.sky.com: 1 | nytimes.com: 1 | straitstimes.com: 2 | theguardian.com: 1
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Source: cbsnews.com

Image content: The image depicts Donald Trump, the 45th President of the United States, seated in a green leather chair with gold studs. He is attired in a dark blue suit, white shirt, and red tie, with an American flag pin on his left lapel. Trump's right hand is raised, pointing forward as if he is speaking or gesturing to someone. In the background, two American flags are visible, one behind Trump and another to his left, although partially out of frame. The overall atmosphere suggests that Trump is engaged in a speech or press conference, possibly at the White House given the presence of the flags and the formal setting.

Summary

US President Donald Trump has intensified his trade war by imposing new tariffs on multiple countries, including India, China, Canada, and Mexico, while engaging in diplomatic efforts with Russia to broker a ceasefire in Ukraine. Trump's moves have sparked global concerns, with some countries racing to negotiate deals to mitigate the impact of the tariffs.

Key Points

  • Trump imposes 50% tariff on India due to its purchase of Russian oil
  • Apple CEO Tim Cook meets with Trump, announces $600 billion US investment
  • Trump announces 100% tariff on semiconductor imports unless made in the US
  • Trump's reciprocal tariff regime has been implemented, affecting dozens of countries

Articles in this Cluster

Trump hits India with additional 25% tariff over Russian oil imports - CBS News

The US President, Trump, has imposed an additional 25% tariff on goods from India due to its continued purchase of oil from Russia, bringing the total duties to 50%. This move is part of Trump's efforts to pressure Russia into reaching a peace deal with Ukraine. The tariffs are set to take effect in 21 days and are part of Trump's broader trade agenda to negotiate trade agreements with US trading partners.
Entities: Donald Trump, India, Russia, Ukraine, Vladimir PutinTone: neutralSentiment: negativeIntent: inform

Apple's Tim Cook convinced Trump to drop made-in-USA iPhone — for now

Apple CEO Tim Cook met with President Trump at the White House to announce a $600 billion investment in the US over four years. While Trump had been pushing for Apple to manufacture iPhones in the US, Cook's announcement focused on expanding Apple's existing US operations and partnerships with US suppliers, rather than committing to made-in-USA iPhones. Experts believe Cook's announcement was designed to appease Trump and avoid tariffs, and it appears to have been successful, with Apple stock rising 8% over two days.
Entities: Tim Cook, Donald Trump, Apple, White House, USTone: neutralSentiment: positiveIntent: inform

CNBC Daily Open: Trump penalizes India for buying Russian oil and he might not be done

The US has imposed a 50% tariff on India due to its purchases of Russian oil, with President Donald Trump warning of further actions against countries trading with Russia. Trump also announced a 100% tariff on semiconductor imports unless manufactured in the US. Meanwhile, Apple committed to a $100 billion investment in US manufacturing, boosting US stocks. India's government responded strongly to the tariff, calling it 'unfair, unjustified and unreasonable'.
Entities: Donald Trump, India, Russia, United States, AppleTone: neutralSentiment: negativeIntent: inform

Trump remade the global trading system. He’s just getting started | CNN BusinessClose icon

The article discusses how US President Donald Trump has remade the global trading system through his use of tariffs and is expected to continue this trend. Trump's reciprocal tariff regime has gone into effect, and he is planning to expand his imprint on the global trade system. The article highlights Trump's confidence in his approach, despite criticism from corporate executives, foreign leaders, and economists. It also mentions Trump's use of tariffs as a tool to secure investment commitments from countries like Japan and Apple. The article notes that Trump's approach has led to a scramble among world leaders and business leaders to secure exemptions and carve-outs, but with limited success.
Entities: Donald Trump, Stephen Miran, Fed, US, China is not mentioned but countries like Japan and India areTone: neutralSentiment: negativeIntent: inform

Trump’s historic new tariffs are now in effect. Here’s what you need to know | CNN BusinessClose icon

The article discusses the new wave of tariffs imposed by President Donald Trump on dozens of America's trading partners, marking a significant escalation in ongoing trade tensions. The tariffs, which vary by country, have been enacted despite concerns from economists that they could exacerbate economic problems such as rising inflation and slowing job growth. The article provides details on the new tariff rates, exemptions, and the status of trade agreements with various countries.
Entities: Donald Trump, United States, Brazil, Laos, MyanmarTone: neutralSentiment: negativeIntent: inform

Russia, China practice destroying 'enemy' sub days after Trump deploys nuclear subs | Fox News

Russia and China conducted joint naval drills in the Sea of Japan, practicing the destruction of an 'enemy' submarine, just days after US President Donald Trump deployed two nuclear submarines to the region in response to provocative comments made by former Russian President Dmitry Medvedev. The drills involved Russian Il-38 planes and Chinese Y-8 anti-submarine aircraft. Trump had announced the deployment of the nuclear submarines on Friday, stating that it was a response to Medvedev's 'highly provocative statements' regarding the US deadline for Russia to enter into a ceasefire with Ukraine.
Entities: Russia, China, Donald Trump, Dmitry Medvedev, UkraineTone: neutralSentiment: negativeIntent: inform

Trump envoy Steve Witkoff holds talks with Putin amid sanctions threat | Fox News

US President Donald Trump's envoy, Steve Witkoff, held a 'highly productive' meeting with Russian President Vladimir Putin in Moscow to discuss ending the war in Ukraine. Although no ceasefire agreement was reached, both sides expressed eagerness to continue negotiations. Trump had threatened to impose 'very severe' tariffs on Russia and secondary sanctions on countries trading with Russia if a deal wasn't reached within a certain timeframe.
Entities: Donald Trump, Steve Witkoff, Vladimir Putin, Ukraine, RussiaTone: neutralSentiment: neutralIntent: inform

Putin meeting over Ukraine war likely to happen 'very soon', says Trump

US President Donald Trump announced that a meeting with Russian President Vladimir Putin could happen 'very soon' following productive talks between Trump's envoy Steve Witkoff and Putin in Moscow. The potential summit comes as the US has given Russia until Friday to make progress towards peace in the Ukraine war or face new sanctions. Trump discussed the possibility of a meeting with Ukrainian leader Volodymyr Zelensky and other European leaders, with plans for a potential three-way meeting between Trump, Putin, and Zelensky.
Entities: Donald Trump, Vladimir Putin, Steve Witkoff, Volodymyr Zelensky, RussiaTone: neutralSentiment: positiveIntent: inform

Putin says 'conditions' for talks not met as Zelensky pushes for meeting with Russia

Russian President Vladimir Putin stated that the conditions for a face-to-face meeting with Ukrainian President Volodymyr Zelensky were not yet met, hours after Zelensky expressed willingness to meet to discuss ending the war in Ukraine. The comments come amid increased diplomatic activity, including potential talks between US President Donald Trump and Putin.
Entities: Vladimir Putin, Volodymyr Zelensky, Ukraine, Russia, Donald TrumpTone: neutralSentiment: neutralIntent: inform

Trump could meet Putin as early as next week to discuss Ukraine ceasefire - White House official | US News | Sky News

US President Donald Trump may meet Russian President Vladimir Putin as early as next week to discuss a ceasefire in Ukraine, according to a White House official. The meeting is conditional on Putin meeting Ukrainian President Volodymyr Zelenskyy. Trump and Putin had a phone conversation, and Trump's special envoy Steve Witkoff met with Putin in Moscow, making 'great progress' according to Trump. Zelenskyy stated that Russia is 'more inclined to agree to a ceasefire' due to pressure, but emphasized the importance of ensuring Russia doesn't deceive the US or Ukraine on the details of a potential agreement.
Entities: Donald Trump, Vladimir Putin, Volodymyr Zelenskyy, Steve Witkoff, United StatesTone: neutralSentiment: positiveIntent: inform

Trump’s Redistricting Campaign Tests His Power in the States - The New York Times

President Trump's pressure campaign on Republican-led states to redraw congressional maps in his party's favor is testing his power over governors and state legislators. The effort is part of a nationwide strategy to gain a political advantage ahead of the midterm elections. Trump is targeting states like Texas, Missouri, Indiana, and Ohio, and is using his allies, including Vice President JD Vance, to lobby state leaders. However, the effort may face logistical and political hurdles, and some Republican governors and lawmakers have expressed reservations. Democrats are considering their own plans to redraw congressional maps in response, and have decried the Republican push as a violation of the Voting Rights Act and the Constitution.
Entities: Donald Trump, Republican Party, Texas, Indiana, JD VanceTone: neutralSentiment: negativeIntent: inform

Staggering US tariffs begin as Trump widens trade war | The Straits Times

US President Donald Trump has implemented new tariffs on over 90 countries, escalating a global trade war that has negatively impacted the US economy. The tariffs, which range from 10% to 50%, have been imposed on countries including China, Canada, Mexico, India, and Brazil. Trump's policies have been criticized for causing price increases, slowing economic growth, and straining the labor market. The tariffs are expected to continue, with Trump announcing plans to impose additional tariffs on foreign-made medicines, computer chips, and other products.
Entities: Donald Trump, United States, European Union, China, CanadaTone: neutralSentiment: negativeIntent: inform

Trump urges ‘conflicted’ Intel CEO Tan Lip-Bu to resign immediately | The Straits Times

US President Donald Trump has called for the resignation of Intel Corp CEO Tan Lip-Bu, citing conflicts of interest due to Tan's investments in China before joining Intel. Republican Senator Tom Cotton had raised concerns about Tan's ties to China, including his leadership of Cadence Design Systems, which sold products to a Chinese military university. Intel has responded, stating its commitment to US national and economic security interests and its engagement with the Administration.
Entities: Donald Trump, Intel Corp, Tan Lip-Bu, China, Tom CottonTone: negativeSentiment: negativeIntent: inform

Dozens more countries face higher levies on exports to US as new Trump tariffs come into effect | Trump tariffs | The Guardian

The US has implemented new tariffs on exports from dozens of countries under Donald Trump's administration, with rates ranging from 10% to 41%. The tariffs are part of Trump's 'reciprocal' rates policy, aiming to make imports more expensive and less competitive. Countries such as Brazil, India, and the EU are affected, with some facing total tariff rates of up to 50%. Governments worldwide are racing to negotiate deals to avoid or mitigate the impact of these tariffs.
Entities: Donald Trump, US, White House, Brazil, IndiaTone: neutralSentiment: negativeIntent: inform