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Asian, European stock market climb as China-US trade talks lloom, UK deal drives FTSE up

IndiaTimes 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.
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News video: Trump Prepares HUGE Trade Tariff Deal Reveal With UK, UK Pact To Hit China And Europe Hard

Trump Prepares HUGE Trade Tariff Deal Reveal With UK, UK Pact To Hit China And Europe Hard 03:12

 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...

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