Tariffs, China, and Semiconductor ETFs: A Trade Balancing Act
Tariff ceasefire with China boosts markets short-term, but China's actions on Nvidia chips create uncertainty. Gold ETFs gain from policy clarity amid geopolitical market intersections.
Trump’s EU Trade Deal: Market’s Muted Reaction & Trade Uncertainty
Trump's EU trade deal, featuring a 15% toll & EU investment, failed to excite the market. Investors are focused on Big Tech earnings & Fed policy amid ongoing trade uncertainty with China, Canada & Mexico.
Trump’s Russia Tariff Threat Mocked by Economist
Economist Justin Wolfers mocks Trump's threat of 100% tariffs on Russia if a Ukraine peace deal isn't reached, citing existing US sanctions rendering the tariff pointless. Russia-Ukraine dispute.
Macron Slams Tariffs as Blackmail Amid US-EU Trade Tensions
Macron criticizes nations using tariffs as 'blackmail' amid EU-US trade tensions. White House defends tariffs as vital for rebuilding US production before a July 9 deadline. EU warns 'all options' remain open.
Dow Dips Over 400 Points Following Tariffs Threat: Investor Sentiment Declines, Greed Index In ‘Fear’ Zone – Amazon.com (NASDAQ:AMZN), McDonald’s (NYSE:MCD)
Wall Street also recorded losses last week as renewed fears over inflation and trade tariffs eroded risk appetite.