London markets did not like the UK-US trade deal
British Prime Minister Keir Starmer, on May 8, 2025, Turkey, England, England, England, England, West Midlands speaks to workers.
Alberto Pezzali | Through Reuters
The United Kingdom is the first country to seal the trade agreement with the enthusiasm of the United States. And investors, of course, gave their indices of the four large US-winning sessions. Interestingly, the mood in Atlantic was not like: UK FTSE 100 Closed down after the announcement of the agreement.
To be sure, the United Kingdom has exported some concessions as a lower tariff rate compared to US President Donald Trump’s first 100,000 vehicles Universal 25% Levies in imports of steel and aluminum.
He said that this seems more suitable for the United States, at least 10% of the Tariff to the British imported by other compromises permitted by England.
UK in the United States thinks that it is more exported to the country than it is imported. 10% Tariff flipped in the UK on April 2, so there was no decline in these seizures, despite the agreement to both countries.
“Today, our hearings are just a noise for most English imports.” Andy Abbott, “Andy Abbott, Niche Ocean Liner’s CEO Atlantic container Lori announced that CNBC’s Lori Ann Larocco.
According to the available details, Washington seems to have a better end of the deal.
What you need to know today
England is an initial trade agreement with us
US President Donald Trump revealed an outline on Thursday Trade Agreement with the United Kingdom. Many features about the deal were not immediately clear and nothing was signed during the oval office event. The White House’s Fact Report said that the United States will be 10% tariffs in the UK, which is said to be Trump Floor for tariffs. This The effect of the transaction may be limitedsaid a load of leases.
Most market rallies in trade deals
US shares rose on Thursday The United States is a fresh mint. This S & P 500 0.58%, Dow Jones Industry Medium 0.62% and won Nasdaq composite 1.07% developed with a large increase in technological shares. Asian-Pacific markets rose mainly on Friday. Hong Kong Hang Seng Index also increased by 0.2% as a stock Semiconductor Production International CorporationChina’s largest contract chipmaker fell about 7% Earnings in the first quarter missed estimates.
China’s April exports increased despite US tariffs
China jumped 8.1% in April According to the US dollar conditions, according to the country’s customs authority on Friday, Reuters beat Reuters sharply increased by 1.9%. The increase in exports is based on the calculation of CNBC’s official customs information, which prevents 21% annual transportation of a year in China’s foreign shipments. Exports of China’s Southeast Asia Association, a year ago, from a year to 20.8% in April
Coinbase misses Bitcoin jumps to their estimates
Siknbase After the shares came in the first quarter, close to 3% in the extended trade could not meet expectations. The company said that the volume of consumer trade decreased by 17% from the fourth quarter. That day, bittoin Prices for prices increased by approximately 7% during US Trade Hours For the first time since Februaryand a standardized charm of analytical analytical apologetic The target of $ 120,000 for Bitcoin “It can be very low.”
First American Popa was elected
Cardinal Robert Francis Prevost was selected as Pope On Thursday, an American American was chosen as a pipeline of the Roman Catholic Church. Prevost, 69, Leo chose XIV papal name. Following the news, Trump congratulated the new Popewrite The truth is social Leo, the first American Pope, is a great honor for our country. “
(Pro) Trade Deal only a temporary stimulus?
Investors have delighted the United States and British trade deal and Thursday, CNBC Pro contributor Josh Brown, Ritzholtz occupies the guidance of wealth management Re-expectations of a market for a long time The check – and reflects the shares of two defense technology, because they are more like a consumer staple.
And finally …
A Puma Sportswear store in London on May 1, 2025.
Bloomberg | Getty pictures
US Tariff Pressure has retailers who value their prices
Including home brands Pandora, Puma and Hugo Boss This week, President Donald evaluates the price strategies in the United States and outside the United States in the event of the most penalty recipients of Trump. Others have changed the supply chains and have reconsidered sales forecasts among the uncertainty of the US trade policy.
Last month, Trump, the so-called, mutual import duties in all trade partners in the United States were swept. The charges were later 90 days stuck For many countries in addition to China, it was reduced to 10%, and trade talks are waiting.
Here are some great European retailers who say about product prices and gains outlooks.