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Schwab Network

Tariffs Back in Headlines: Trump Threatens BRICS Countries as Deadlines Shift

8 min7 juli 2025

The Wednesday deadline for President Trump's tariffs against other countries remains up in the air. Kevin Hincks reports from the Cboe Global Markets to talk about ways the Trump administration is trying to keep investors calm, which includes "several announcements" expected in the coming days. He also explains why the president is threatening an additional 10% tariffs against BRICS countries. Kevin later analyzes the recent economic data that he believes can lay the groundwork for two interest rate cuts.


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