Germany warns the EU ready to retaliate unless we reach ‘Fair’ Trade Deal


Global stock markets continued on Tuesday while investors were waiting for subsequent movements from Donald Trump, after the Tariff President announced for a dozen of US trade colleagues.

The EU hopes to sign a temporary US agreement this week will continue with the steps of seizure against when both parties fail to achieve a “fair” deal.

The US President on Monday has sent letters to 14 trade colleagues, including Japan and South Korea, which the White House to be further sent this week.

Talking late on Monday, Trump also left the door open for negotiations, saying letters “more or less” last offers, and “no 100 percent company”.

The action of this week comes after a 90-day stops of so-called reckcacal tariffs announced by Trump on “book booklet” ended on July 9.

Investors “looking out of end and these letters only mark another trip to trading deals.

  • In Europe, Stoxx Europe 600 flat and FTSE 100 stacked by 0.1 percent of early trading.

  • Future tracking S & P 500 rose 0.1 percent.

  • In Asia, Japan’s topix closes 0.2 percent and copsi in South Korea 2 percent.

  • The US Dollar index, tracking US currency against a basket of peer currencies, dropped by 0.2 percent.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *