President Trump on Tuesday vowed to not back down on his new Aug. 1 deadline on tariffs — but Wall Street isn’t convinced.

The dollar strengthened to a more than two-week high against the yen on Wednesday as U.S. President Donald Trump pledged more trade-related proclamations after announcing 25% tariffs on Japan and other trade partners.

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Japan's trade deal with the U.S. must include tariff concessions for its vital automobile industry, top trade negotiator Ryosei Akazawa said on Tuesday, after President Donald Trump announced 25% tariffs on goods from Japan starting August 1.

Japanese Prime Minister Shigeru Ishiba said on Tuesday that Japan would continue negotiations with the United States to seek a bilateral trade deal that benefits both countries. Japan has received a proposal from the United States to continue trade discussions until the newly set August 1 deadline,

Team Trade

On Monday morning, a new major blockbuster trade went down. It included the Los Angeles Clippers, Miami Heat, and Utah Jazz swapping multiple pieces. ESPN NBA insider Shams Charania was the first to report the trade.

The Los Angeles Clippers are sending Norman Powell to the Miami Heat in a three-team trade also involving the Utah Jazz. ESPN’s Shams Charania was among the first to report the trade. Per Charania, Powell is being traded to the Heat in a trade that sends Jazz forward John Collins to L.

The Houston Rockets announced Monday that Kevin Durant will be rocking the No. 7 next season after wearing the No. 35 during his time with the Phoenix Suns. Durant has worn the No. 35 at every stop in his career except with the Brooklyn Nets (No.

Kevin Durant could be in for a huge year in his first with the Rockets following the historic seven-team blockbuster trade.