CNBC's Megan Cassella joins 'Money Movers' to discuss expectations from Trump's upcoming cabinet meeting.
BreakdownGenerated by LeadStory AI
- President Trump stated tariffs will begin on August 1st with no extensions. 17s
- The deadline for tariffs is now firm, after previous suggestions of flexibility. 37s
- Trade negotiations continue with Japan, the EU, and India, with some progress expected with smaller countries. 1m 44s
- The cabinet meeting will discuss the new legislative bill's impact and provide trade updates. 1m 27s
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Global Tariffs
Donald Trump has signed an order to impose tariffs imports into the U.S. from countries including China, Mexico and Canada.