South African factory workers protested against the dismissal of foreign employees, arguing that their skills are vital for protecting local jobs.
South African factory workers protested against the dismissal of foreign employees, arguing that their skills are vital for protecting local jobs.
Most stocks rose Tuesday as traders cautiously welcomed Donald Trump's extension of his tariff deadline and indication he could push it back further, though uncertainty over US trade policy capped gains. While Wall Street's three main indexes ended down -- with the S&P 500 and Nasdaq back from record highs -- Asian markets mostly rose.
US President Donald Trump threatened China, India, and some of the world's fastest-emerging economies with higher import tariffs, hitting back at BRICS criticism of his trade policies as the bloc meets Monday. Now he is threatening to impose unilateral levies on trading partners unless they reach "deals" by August 1, with BRICS nations seemingly faced with higher tariffs than planned.
Donald Trump's aggressive trade policy faces a critical week as the US president races to secure the bilateral deals he promised, ahead of a shifting deadline for re-imposing steep tariffs on dozens of economies.
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