Markets braced for Liberation Day

Markets braced for Liberation Day

The S&P 500 and Nasdaq are on track to post their worst trading week since September 2023 ahead of next week’s Trump tariff blitz on ‘Liberation Day’, April 2nd. Chinese President Xi Jinping hosts CEOs in Beijing in a bid to boost business ties and calls for trade dialogue with the U.S. We hear from Santander chair Ana Botin who calls U.S. tariffs as a tax on consumers and says that the levies will hit America harder than Europe. And in entertainment news, French gaming company Ubisoft secures a more-than-€1bn investment from Chinese tech giant Tencent to help back its largest franchises.

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Jaksot(1821)

U.S. and China seek trade truce in London

U.S. and China seek trade truce in London

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Trump, Musk seek détente following White House bust-up

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Trump warned BBB could add up to $2.5tn to debt pile

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The CBO says that President Trump’s BBB could add almost $2.5tn to the U.S. deficit. Tesla CEO Elon Musk, who oversaw Doge cuts to government waste, has urged lawmakers to ‘kill the bill’. We hear fro...

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Musk calls Trump tax-cut and budget bill 'an abomination'

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4 Kesä 202528min

Washington pushes for trade deal 'best offers'

Washington pushes for trade deal 'best offers'

Washington is reportedly demanding countries put forward their best trade talk offers by tomorrow as the reciprocal tariffs deadline of 8 July draws nearer. The EU has responded saying it will push fo...

3 Kesä 202527min

EU eyes U.S. steel tariff counter-measures

EU eyes U.S. steel tariff counter-measures

The EU says it is mulling counter-measures after President Trump’s steel tariffs doubles tariffs on steel imports. The U.S and China accuse each other of not respecting the trade agreement made in Gen...

2 Kesä 202525min

Trump tariffs reinstated after appeal court ruling

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A U.S, federal appeals court has temporarily reinstated President Trump’s tariffs just a day after the U.S. Court of International Trade ruled he had overstepped his authority in imposing the levies. ...

30 Touko 202528min

U.S. trade court strikes down Trump tariffs

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A U.S. court has ruled that a majority of President Trump’s tariffs, including reciprocal levies, which were tied to the Emergency Economic Powers Act were an overstep of presidential authority. The W...

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