Trump teases 'major trade deal' Thursday | CNN Business

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Trump teases 'major trade deal' Thursday | CNN Business

//business-finance.news-articles.net/content/202 .. ases-major-trade-deal-thursday-cnn-business.html

Published in Business and Finance on Wednesday, May 7th 2025 at 23:20 GMT by CNN
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

President Donald Trump teased a significant trade announcement to be announced Thursday, yet another sign of some possible relief from historically high tariffs that have threatened serious damage to the US and global economies.

The article from CNN dated May 7, 2025, discusses a significant trade deal negotiated by former President Donald Trump, which has recently come into effect. The deal, aimed at reducing trade barriers and increasing market access between the U.S. and several key trading partners, is expected to boost American exports significantly. Trump, who has been vocal about the deal's potential to revitalize the U.S. economy, claims it will create millions of jobs and strengthen the dollar. Critics, however, argue that the deal favors certain industries over others and may lead to increased competition for domestic producers. The agreement has sparked a mix of optimism and concern among economists and industry leaders, with ongoing debates about its long-term impact on the global trade landscape.

Read the Full CNN Article at:
[ https://www.cnn.com/2025/05/07/business/trade-deal-trump ]