US stocks climbed on Tuesday after Donald Trump postponed his planned 50% tariffs on European Union imports, easing trade tensions and boosting market confidence.
Trump Shuts Door on EU Trade Deal, Warns of 50% Tariffs
Trump Announces 50% Tariffs on EU Imports, Rules Out Trade Deal
Stocks Tumble as Trump Threatens 50% Tariffs on EU Imports
Markets Sink as Trump Unleashes Tariff Threat on EU and Apple
What happened overnight – Thursday 22nd May 2025
All three major US stock indices fell by more than 1% on Wednesday after a poorly received auction of US government bonds, which also saw the dollar weaken broadly.
UK firms shift focus beyond EU despite Reeves’ remarks on trade importance
UK businesses are increasingly targeting markets outside the European Union, despite Shadow Chancellor Rachel Reeves’ recent claim that the bloc remains Britain’s most important trading partner.
What happened overnight – Tuesday 13th May 2025
Asian markets mostly advanced after China and the United States agreed to a 90-day truce in their ongoing trade dispute.
Trump brands EU ‘nastier than China’ as he shifts focus in global trade battle
Donald Trump has escalated his rhetoric against the European Union, claiming it is “nastier” than China, just hours after announcing a 90-day pause in tariff exchanges with Beijing.
What happened overnight – Monday 12th May 2025
Asian stock markets moved higher following two days of trade talks between the US and China, which US Treasury Secretary Scott Bessent described as having made “substantial progress.”
What happened overnight – Friday 9th May 2025
Asian Markets Mixed as Investors Eye US-China Trade Talks
What happened overnight – Thursday 8th May 2025
The pound and FTSE 100 futures advanced after reports emerged that former President Trump is set to announce a trade deal with the UK.
What happened overnight – Wednesday 7th May 2025
Asian equities and the U.S. dollar rose following news of an upcoming meeting between senior U.S. and Chinese trade officials.
What happened overnight – Tuesday 6th May 2025
Asian markets were mixed on Tuesday following Wall Street’s decline, which ended a nine-day winning streak for major U.S. indexes.