U.S. President Donald Trump reaffirmed that his administration’s “reciprocal” tariffs on targeted countries will take effect on August 1. Dismissing calls for delay, Trump stated there would be no extensions. The tariffs aim to counter trade imbalances and are expected to impact several key U.S. trading partners.
Kingston — Jamaican Prime Minister said the government will “devote all our energy to mount a strong recovery” after a powerful storm struck the island on Wednesday, killing four people in St. Elizabeth, according to officials.
London — Gold prices climbed on Thursday, supported by a weaker dollar and a Federal Reserve rate cut. Investors remained cautious ahead of the anticipated trade agreement between U.S. President Donald Trump and Chinese President Xi Jinping.
