Donald Trump Signals He’s Open to Negotiations Over Tariffs
The Centennial Terminals container terminal at the Port of Vancouver. Photographer: James MacDonald/Bloomberg
Good morning. Donald Trump indicated he’ll be flexible about his latest tariff deadline. Apple’s AI efforts take another blow. And, finally, we might be able to leave our shoes on at the airport. Listen to the day’s top stories.
Donald Trump suggested he’s still open to tariff negotiations and that the Aug. 1 deadline for implementation of new levies was “not 100% firm.” The stock market liked the signs of flexibility, with US equity futures mostly gaining. Less so the countries on the receiving end—Japan’s PM called Trump’s announcement of a 25% levy on his nation “truly regrettable.”