Global stocks gain after Trump soothes Fed independence worries
Wall Street set to extend rally after president says he has no plans to fire Jay Powell
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Blackstone offers €200mn return guarantee to fund UK railway arch deal
Promise is similar to a controversial enticement to University of California to halt a flood of redemptions
Trump White House says ‘no final decisions’ on foreign film tariffs
Officials say administration ‘exploring all options’ after president declared 100% tariff on non-US-produced films
The White House said on Monday that no final decisions have been made about imposing tariffs on foreign films, just a day after Donald Trump declared a 100% tariff on all movies produced outside the United States – an announcement that sparked widespread alarm across the global film industry.
“Although no final decisions on foreign film tariffs have been made, the administration is exploring all options to deliver on President Trump’s directive to safeguard our country’s national and economic security while Making Hollywood Great Again,” White House spokesman Kush Desai said.
Euro strengthens as EU delays retaliatory tariffs against US by 90 days in response to Trump’s pause – business live
Ursula von der Leyen says EU “want to give negotiations a chance”, by pausing countermeasures for 90 days
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- US-China trade war intensifies as Beijing’s tariffs come into effect after Trump pause
China and the European Union have exchanged views on strengthening their economic and trade cooperation in response to US tariffs, the Chinese commerce ministry said on Thursday, according to Reuters news agency.
In a video call on Tuesday, China’s commerce minister Wang Wentao discussed with European trade and economic security commissioner Maros Sefcovic the restart of talks on trade relief and to immediately carry out negotiations on electric vehicle price commitments, the Chinese ministry statement said.