#TrumpTariffs 📌 **Key Points:**
📆 July 9 Deadline: The U.S. aims to finalize trade deals by this date. Countries negotiating in good faith may receive extensions.
🤝 China Deal: A tentative agreement includes a 55% tariff on Chinese imports and a 10% tariff on U.S. exports to China. China will supply rare earth minerals and ease access for Chinese students to U.S. institutions.
🇲🇽🇨🇦 North America: Discussions with Mexico may lead to reduced steel tariffs. Talks with the European Union are expected to extend beyond July 9 .
⚖️ Legal Status: A federal appeals court has temporarily upheld Trump's tariffs, with future deliberations set for July 31.
📉 Market Impact: U.S. markets and China-exposed companies have not reacted positively, with notable stocks like Nike, Apple, and Nvidia experiencing declines .
🔍 What to Watch: Keep an eye on the July 9 deadline and upcoming G-7 summit in Canada for further developments.