Trump, European Union and tariff
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Investors expressed relief that President Trump is delaying a 50% tariff jump for the European Union until July.
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Inquirer Business on MSNTrump spokesman slams ‘unelected judges’ over tariff rulingThe White House on Wednesday slammed “unelected judges” over a court opinion blocking most of President Donald Trump’s import tariffs, ruling that he had misused emergency powers to justify the levies.
Gold futures start the short week with sharp losses, returning all gains made in Friday's rally, although the metal remains up more than 25% YTD. Gold surged Friday after President Trump said he was hitting the European Union with a fresh 50% tariff,
Trump said he would postpone a 50% tariff on the European Union to “rapidly get together” with the bloc’s leadership.
A new term is popping up on Wall Street called "TACO," which stands for "Trump Always Chickens Out." The President says "it's called negotiation."
Trust in the European Union and its institutions has risen to an almost two-decade high, a report released on Wednesday shows, as U.S. President Donald Trump upends global trade and foreign policy.
Wall Street is betting that the worst of President Trump’s trade war is in the rearview mirror. The latest example came Tuesday, when news of easing trade tensions between the U.S. and the EU powered a 2% increase in the S&P 500.
2don MSN
French President Emmanuel Macron's Vietnam visit and Swedish automaker Volvo Cars' layoffs are both, in some ways, responses to Trump tariffs.