Trade Wars 2.0 - news and analysis

The second presidency of Donald Trump initiated escalation of tariffs that triggered significant financial movements. These actions may to increased costs for businesses and consumers, disrupted supply chains, and created market uncertainty. Retaliatory tariffs from affected nations can further strain global trade, impacting economic growth and prompting concerns about long-term financial stability.

Markets Today: FTSE 100 Hits Record High Amid European Market Surge, Tesla & Alphabet Earnings Ahead

European stocks rallied over 1% on Wednesday, driven by hopes of a US-EU trade deal. The STOXX 600 index climbed 1.1%, and the UK’s FTSE 100 hit a record high. Carmaker shares surged, with Temenos jumping 18.1% after raising its earnings forecast. UniCredit and Lonza also saw gains, while Nokia and ASM International dropped. Gold prices rose.

23-07-2025 09:59 GMT by Zain Vawda

US and Japan reach trade deal, Ishiba set to resign, yen steady

Japanese Prime Minister Ishiba is expected to resign next month, as the fallout continues from Sunday's parliamentary election. The US and Japan announced they have reached a trade agreement, in which the US will impose a 15% tariff on Japanese goods.

23-07-2025 09:50 GMT by Kenneth Fisher