Jul 30 2025

Treasury Secretary Scott Bessent and USTR Jamieson Greer Discuss Trade Negotiations With China

Posted originally on CTH on July 29, 2025 | Sundance

U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer hold a joint press conference in Stockholm after concluding the third-round of trade talks with Chinese officials.

The discussion and press availability covered U.S-China trade negotiations, economic cooperation and whether President Trump will meet Xi Jinping. Key moments include questions on tariffs, supply chains, and Beijing diplomacy. WATCH:

Treasury Secretary Bessent notes as the U.S. economy continues strengthening, and as each trade deal with the U.K, Japan, ASEAN nations and Europe have cemented, the talks between the U.S. and China become more substantive.

With each global trade partner agreeing to terms of access to the USA market more pressure is naturally created on China to complete negotiations and affirm their position as supplier to the world’s largest market.

Jul 30 2025

President Trump Extensive Interview with Miranda Devine from Scotland

Posted originally on CTH on July 29, 2025 | Sundance

Following the breaking news of the U.S-EU trade deal with Commissioner Ursula von der Leyen, President Trump sits down for an extensive interview with Miranda Devine.

President Trump talks about the trade agreement with the EU in addition to overall perspectives on trade, tariffs and the goals of the America-first economy. Additionally, President Trump talks about immigration challenges, current events and the intelligence documents declassified by Director of National Intelligence Tulsi Gabbard. WATCH:

Jul 30 2025

President Trump Press Gaggle Aboard Air Force One – Returning to USA

Posted originally on CTH on July 29, 2025 | Sundance

President Trump holds a press conference aboard Air Force One en route back to the White House. Currently the press comments are audio only, but will likely have video upon arrival.

President Trump begins his remarks talking about a threat delivered by British Prime Minister Keir Starmer to the state of Israel where the U.K is threatening to recognize a Palestinian state if Israel doesn’t stop the bombing in Gaza and deliver aid to the impacted citizens. LISTEN:

Jul 30 2025

Commerce Secretary Howard Lutnick Discusses U.S-EU Trade Deal

Posted originally on CTH on July 29, 2025 | Sundance

Commerce Secretary Howard Lutnick describes some of the details within the new U.S-European trade agreement.

As noted, the $600 billion in regular trade products exported by the EU to the USA market will be subject to a 15% reciprocal tariff. This approach effectively ends the Marshall Plan, sets the trade terms to balance and should generate approximately $90 billion in revenue to the U.S. treasury.

U.S. tariffs on cars and auto parts are being reduced to the baseline 15 percent — a level that matches the deal notched earlier this month by Japanese automakers. In exchange, the EU has agreed to lower its car tariffs from 10 percent to zero, trade spokesperson Olof Gill said. The German companies are angry though, because the 25% tariff still applies to Mexico. So, German autos manufactured in Mexico (massive prior investment) will come to the USA with a 25% tariff.

In addition to the EU agreement to open their markets to U.S. products, private companies within the EU have committed to $600 billion in direct investment within the USA. Additionally, the EU will purchase $750 billion in U.S. energy products and with the NATO commitments previously agreed significant military purchases are anticipated. That is a major purchase agreement of $250 billion each year for the next three years.