Trump tariff extension ignites EU trade tensions and currency shifts
President Trump’s decision to extend the tariff deadline has left European leaders scrambling for a trade deal, while emerging currencies rally like they’re at an impromptu party. This classic display of US protectionism stokes uncertainty in global markets, underlining a transatlantic tussle.
The European Union may have won a reprieve from President Trump’s threatened 50% tariffs, but it remains unclear how the bloc will square its push for a mutually beneficial trade deal with Washington’s demands for steep concessions. Trump backed away from imposing the levies on EU imports from June…
The bullishness in Brussels is misplaced
With a complex supply chain, the diamond industry is highly susceptible to any trade disruptions.
The three major indexes are coming off a losing week and long weekend.
A regional association of Southeast Asian nations is set to hold a tripartite summit Tuesday with China and six Gulf countries in what officials called an effort to bolster economic resilience as they grapple with global volatility and U.S. tariffs
Swiss Exports to US Plummet in First Month of Trump Tariffs Bloomberg.com
Malaysia Sees Reducing the US’s Proposed Tariff to 10% as a Good Outcome Bloomberg.com
Trump Tariffs: Big Tech Is a Target If 50% EU Tariff Threat Stays Bloomberg.com
Gold Holds Decline as EU-US Trade Talks Weigh on Haven Demand Bloomberg.com
US Equity Futures Gain as EU Trade Hopes Advance: Markets Wrap Bloomberg.com
Emerging Currencies Advance as Trump Extends EU Tariff Deadline Bloomberg.com
permalink / 11 stories from sources in 8 days ago #trump #politics #trades
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