Trump gives break to Rolls-Royce cars, but threatens more tariffs on Mattel toys
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Introduction:
The news topic “Trump gives break to Rolls-Royce cars, but threatens more tariffs on Mattel toys” has drawn international attention, with various media outlets providing diverse insights, historical context, political stances, and on-the-ground developments. Below is a curated overview of how different countries and media organizations have covered this topic recently.
Quick Summary:
- Rolls-Royce, Range Rover and Aston Martin will get a tariff reprieve under the outlines of a trade agreement President Donald Trump announced Thursday. Trump said he would keep steep tariffs on toymaker Mattel — even if the company moves its overseas production out of China, where it makes around 40% of its toys. Mattel CEO Ynon Kreiz said this week that the company was looking to shift more production out Of China, but doesn’t see it moving to the U.S. Still, the maker of Barbie dolls and Hot Wheels cars told CNBC that “where necessary, we will be taking pricing a little bit higher’’ Trump also said he will keep a 100% tariff on Mattel’s toys, and he won’t sell one toy in the United States, “and that’s their biggest market,” Trump said in remarks from the Oval Office.
- President Trump announced a trade deal with the UK, the first for his administration since imposing sweeping “reciprocal” tariffs against all trading partners in early April. The UK will still face a universal 10% tariff on its exports to the US, Commerce Secretary Howard Lutnick said. The US will scale back the 25% sectoral tariffs on most foreign autos to 10% and eliminate tariffs on steel exports. The EU on Thursday unveiled a list of US products it will target with tariffs in the event trade negotiations fail. But Trump himself took a different tone toward negotiations with China, as top US officials, including Treasury Secretary Scott Bessent are set to meet with Chinese counterparts this weekend. He suggested he might meet with China’s President Xi after the initial talks, and suggested he could lower 145% tariffs if the talks go well.
Country-by-Country Breakdown:
Original Coverage
Rolls-Royce, Range Rover and Aston Martin will get a tariff reprieve under the outlines of a trade agreement President Donald Trump announced Thursday. Trump said he would keep steep tariffs on toymaker Mattel — even if the company moves its overseas production out of China, where it makes around 40% of its toys. Mattel CEO Ynon Kreiz said this week that the company was looking to shift more production out Of China, but doesn’t see it moving to the U.S. Still, the maker of Barbie dolls and Hot Wheels cars told CNBC that “where necessary, we will be taking pricing a little bit higher’’ Trump also said he will keep a 100% tariff on Mattel’s toys, and he won’t sell one toy in the United States, “and that’s their biggest market,” Trump said in remarks from the Oval Office. Read full article
Trump tariffs live updates: Trump unveils ‘breakthrough’ US-UK trade deal, first since ‘Liberation Day’
President Trump announced a trade deal with the UK, the first for his administration since imposing sweeping “reciprocal” tariffs against all trading partners in early April. The UK will still face a universal 10% tariff on its exports to the US, Commerce Secretary Howard Lutnick said. The US will scale back the 25% sectoral tariffs on most foreign autos to 10% and eliminate tariffs on steel exports. The EU on Thursday unveiled a list of US products it will target with tariffs in the event trade negotiations fail. But Trump himself took a different tone toward negotiations with China, as top US officials, including Treasury Secretary Scott Bessent are set to meet with Chinese counterparts this weekend. He suggested he might meet with China’s President Xi after the initial talks, and suggested he could lower 145% tariffs if the talks go well. Read full article
Global Perspectives Summary:
Global media portray this story through varied cultural, economic, and political filters. While some focus on geopolitical ramifications, others highlight local impacts and human stories. Some nations frame the story around diplomatic tensions and international relations, while others examine domestic implications, public sentiment, or humanitarian concerns. This diversity of coverage reflects how national perspectives, media freedom, and journalistic priorities influence what the public learns about global events.
How did your country report this? Share your view in the comments.
Sources:
- Original Article
- Trump tariffs live updates: Trump unveils ‘breakthrough’ US-UK trade deal, first since ‘Liberation Day’
Source: https://www.nbcnews.com/business/consumer/trump-helps-rolls-royce-threatens-higher-tariffs-mattel-toys-trade-war-rcna205660