Global stock markets are showing mixed performance ahead of the extended Easter weekend. Wall Street and major European indices are trading unevenly this afternoon, with investors exercising caution before Friday’s market closures.
Despite the break, analysts warn that policy announcements may still surface. David Morrison of Trade Nation noted, “Mr Trump doesn’t ‘do’ weekends—so tariff updates can come at any time.”
In the U.S., the S&P 500 is up 0.4%, the Nasdaq has slipped 0.1%, and the Dow Jones is down 1.1%.
In Europe, the FTSE 100 is flat, while France’s CAC 40 and Germany’s DAX have declined 0.5%.
Reeves Confirms UK in ‘Active Negotiations’ on US Tariffs
Chancellor Rachel Reeves has confirmed the UK is in ongoing discussions with the United States as it seeks to secure a trade agreement that could ease tariffs on key British exports.
Speaking ahead of her visit to Washington next week for the International Monetary Fund’s Spring Meetings, Reeves said she would hold direct talks with U.S. officials during the trip.
Asked whether a deal could be imminent, she said: “Those conversations with our US counterparts are ongoing. The key priority for the British Government is securing an agreement that serves the UK’s national interest.”
Pressed on the potential removal of a 10% U.S. tariff on British goods, Reeves said: “We are in active negotiations on a range of issues, including tariffs on steel and aluminium, car exports—which currently face a 25% tariff—as well as the general 10% rate.”
She added that reaching an agreement was “very important for British industry and British jobs,” and that it remains a top priority in her role as Chancellor.
