Asian, European stock market climb as China-US trade talks lloom, UK deal drives FTSE up
Thursday, 8 May 2025 () Asian and European markets experienced gains amid anticipation for US-China trade talks. London saw a boost from reports of a potential trade deal with Britain, hinted at by Donald Trump. However, concerns linger regarding the impact of Trump's trade policies, with the Federal Reserve cautioning about potential inflation and economic slowdown.
President Trump is set to announce a major trade deal with a “highly respected” nation—confirmed by insiders to be the UK. The deal may include U.S. tariff cuts on British steel, autos, and aluminum in exchange for the UK scrapping its digital services tax. Trump teased the agreement on social...
The US has drafted a new sanctions package against Russia targeting major energy and banking sectors. However, its enforcement hinges on President Donald Trump’s approval as Washington balances..
China signals a possible shift in its trade stance, saying it's assessing U.S. proposals to restart negotiations amid escalating tariffs and economic strain. Beijing demands the U.S. show sincerity by..
In a significant development for US-India relations, President Donald Trump has revealed that trade negotiations with India are "coming along great," fueling expectations of a groundbreaking trade deal..
Thursday, 8 May 2025 ()
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