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Trump calls ‘tariffs’ his favorite word, rekindles tensions in US-India trade talks President Donald Trump declared “tariffs” as the most beautiful word in the dictionary, a remark that comes amid fraught negotiations with India over trade, oil imports from Russia, and his repeated c...

Trump calls ‘tariffs’ his favorite word, rekindles tensions in US-India trade talks

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U.S.-China Trade Talks: The Unexpected Twist

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US Bessent: Talks with the EU are going better than they had been * EU retaliatory preparation is a negotiating tactic * We are in a good place with China, can move on to bigger talks * On whether EU can get 15%, said Japan was innovative * The 15% for Japan autos is a different kind of deal * Don't want China de-coupling, want supply de-risking There's nothing new here and we are still waiting on a deal with the EU. The deal will almost certainly be in the 10-20% range and the market might take it as a good thing as it did with Japan as it removes bigger risks and gives more certainty. This article was written by Giuseppe Dellamotta at investinglive.com.

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Carney to brief premiers on U.S. trade talks at Muskoka summit | CBC News Prime Minister Mark Carney will sit down with Canada’s premiers in Huntsville, Ont., Tuesday to deliver a detailed briefing about his government’s ongoing trade negotiations with the Trump administrat...

👇🇨🇦"Carney to brief premiers on U.S. trade talks at Muskoka summit" #PMCarney #USTradeTalks #FirstMinistersMeeting #Muskoka

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European shares flat as investors assess mixed earnings; focus on US-EU trade talks By Sanchayaita Roy and Twesha Dikshit (Reuters) -European shares were flat on Monday as investors assessed a mixed bag of corporate earnings while awaiting a potential trade deal between the United States and the European Union. The pan-European STOXX 600 index was up 0.03% at 547.15 points, as of 0831 GMT. U.S. Commerce Secretary Howard Lutnick said on Sunday he was confident that Washington can secure a trade deal with the EU, but August 1 is a hard deadline for tariffs to kick in. Investors awaited clarity on U.S.-EU trade talks, as the bloc readied retaliatory measures if negotiations with Washington failed. "On the one hand, it’s this complete uncertainty when it comes to the tariffs," said Jochen Stanzl, chief market analyst at CMC Markets (LON:CMCX), adding that on the other side he remains hopeful the EU and U.S. will reach a better deal, and that the impact on corporate earnings will not be as severe as initially feared. European basic resources gained 3.3%, the most among sectors, while travel and leisure rose 1.7%. Banks slipped 0.7%. Ryanair was one of the biggest percentage gainers in the STOXX 600, after Europe’s largest low-cost carrier reported that its quarterly profit more than doubled. Its shares surged 6.2%, boosting other airline stocks. Lufthansa rose 1.3% and EasyJet gained 1.1%. Miners Glencore (OTC:GLNCY), Anglo American (JO:AGLJ) and Antofagasta (LON:ANTO) rose between 3.3% and 4%, tracking stronger metals prices. [MET/L] Boliden (ST:BOL) rose 5.9% after Berenberg upgraded the Swedish miner to "buy" from "hold". Belimo advanced 5.5% after the Swiss heating and ventilation solution maker posted better-than-expected half-year profitability. Conversely, Stellantis (NYSE:STLA) fell 1.2% after the automaker said it expects a net loss of 2.3 billion euros ($2.68 billion) for the first half of 2025. Swedish defence material maker Saab fell 7.4% after rising 16.4% in the previous session. On Monday, the Chinese foreign ministry said European Commission President Ursula von der Leyen and European Council President Antonio Costa will meet with Chinese President Xi Jinping on Thursday. Meanwhile, a European Central Bank survey showed on Monday that the Euro zone firms remain optimistic about their growth prospects but are also experiencing pressure on their profits, in part due to trade tensions. Investors will also take cues from the ECB’s meet later this week, at which it is expected to keep rates steady at 2.0% following a series of cuts. Focus will also be on big tech company results this week, including Alphabet (NASDAQ:GOOGL) and Tesla (NASDAQ:TSLA). With STLAM making headlines, savvy investors are asking: Is it truly valued fairly? In a market full of overpriced darlings, identifying true value can be challenging. InvestingPro's advanced AI algorithms have analyzed STLAM alongside thousands of other stocks to uncover hidden gems. These undervalued stocks, potentially including STLAM, could offer substantial returns as the market corrects. In 2024 alone, our AI identified several undervalued stocks that later surged by 30 or more. Is STLAM poised for similar growth? Don't miss the opportunity to find out.

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Canada Cancels Digital Services Tax Amid U.S. Opposition, Reopening Trade Talks | AI News Brew OTTAWA — In a sudden turn of events, Canada has cancelled its controversial digital services tax just one day before the first payment was due, following intense pressure from the United States. The d

Canada Cancels Digital Services Tax Amid U.S. Opposition, Reopening Trade Talks
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Canada rescinds digital services tax to revive US trade talks; eyes July 21 deal Investing.com-- Canada announced on Monday it will rescind its Digital Services Tax (DST), clearing the way for the resumption of trade and security negotiations with the United States, with both sides aiming to strike a deal by July 21. Finance Minister François-Philippe Champagne said the government will halt the June 30 collection of the DST and introduce legislation to repeal the Digital Services Tax Act, which had targeted large multinational tech firms operating in Canada. The tax, introduced in 2020, was seen by Washington as a key obstacle to broader trade discussions. The decision comes just days after U.S. President Donald Trump abruptly called off trade talks on Friday, denouncing the tax as a “blatant attack". “Rescinding the digital services tax will allow the negotiations of a new economic and security relationship with the United States to make vital progress,” Champagne said in a statement. Prime Minister Mark Carney and U.S. President Donald Trump agreed to restart talks, reaffirming their goal of reaching a comprehensive agreement that supports workers and businesses on both sides of the border. The timeline reflects commitments made at the G7 Leaders’ Summit in Kananaskis earlier this month. Carney emphasized that Canada would take "as long as necessary, but no longer, to achieve that deal."

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Most Asian stocks rise as investors eye US trade talks - Yahoo Finance Most Asian stocks rise as investors eye US trade talks  Yahoo Finance

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Thailand will hold trade talks with US next week, finance minister says BANGKOK (Reuters) -Thai Finance Minister Pichai Chunhavajira said on Friday he will travel to the United States for trade talks next week. The negotiation date has been scheduled, he told reporters, without elaborating. Thailand faces a 36% U.S. tariff on its exports, a key driver of growth, if it fails to negotiate a reduction before a moratorium expires in July. A tariff of 10% has been set for most nations while the moratorium is in place. Thailand has said it hopes the negotiations will be extended beyond the expiry of the tariff pause next month.

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German defense stocks sell off ahead of U.S.-China trade talks; Rheinmetall down 2.6%, Renk sheds 9% - CNBC German defense stocks sell off ahead of U.S.-China trade talks; Rheinmetall down 2.6%, Renk sheds 9%  CNBC

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U.S.-China trade talks, Apple WWDC keynote ahead - what’s moving markets Investing.com - U.S. stock futures edge lower as traders turn their gazes towards renewed U.S.-China trade talks in London. Markets are hoping that the discussions will lead to a ratcheting down in trade tensions between the world’s two largest economies, who have been at loggerheads over issues like tariffs and export controls. Elsewhere, Apple (NASDAQ:AAPL) is set to deliver a closely-watched keynote address at its annual developers conference, while Chinese export growth slows in May. 1. Futures dip U.S. stock futures pointed lower on Monday, with investors looking ahead to a fresh round of trade talks between the U.S. and China as well as key inflation figures later this week. By 03:30 ET (07:30 GMT), the Dow futures contract had slipped by 46 points, or 0.1%, S&P 500 futures had fallen by 6 points, or 0.1%, and Nasdaq 100 futures had dropped by 39 points, or 0.2%. The main averages on Wall Street ended higher on Friday, fueled by a stronger-than-anticipated U.S. labor market reading for May, and President Donald Trump’s announcement of today’s meeting between U.S. and Chinese officials in London (more below). Shares in Tesla (NASDAQ:TSLA) also rebounded from a slump that stemmed in part from a verbal and online brawl between CEO Elon Musk and Trump. At the close of trading, the S&P 500 stood at above the 6,000 for the first time since February 21. 2. U.S.-China trade talks to be renewed Crunch discussions between the U.S. and China at an undisclosed location in London are set to be major focus for markets on Monday. Investors are optimistic that the world’s two largest economies will achieve a rapprochement following a period of increased trade tensions. Both sides have been at odds over Trump’s threat of elevated tariffs and the supply of rare earth minerals from China, despite a preliminary agreement reached in Geneva last month that included a temporary pause and lowering of punishing tit-for-tat levies. Trump’s so-called "reciprocal" duties on China are now on hold until August 12. Treasury Secretary Scott Bessent, U.S. Trade Representative Jamieson Greer and Commerce Secretary Howard Lutnick are due to represent Washington during the discussions, while Vice Premier He Lifeng will helm China’s contingent. Last week, Trump and Chinese counterpart Xi Jinping spoke for over an hour on the phone. Trump said the conversation was mostly focused on trade and had a "very positive conclusion", although a Chinese government account noted that Xi told Trump to back away from his aggressive trade measures and avoid taking steps to support Taiwan. 3. Apple WWDC keynote address Outside of politics, markets will be keeping tabs on Apple’s annual Worldwide Developers Conference, which is due to begin on Monday with the iPhone maker’s traditional keynote address. The event typically pulls away the veil on some of Apple’s software updates due to be made available later this year. Bloomberg News has reported that Apple will likely debut a new numbering regime for its operating system, shifting from a sequential series to one based on the year. Apple’s iOS 26, for example, is reportedly tipped to include major design changes, but little is currently known beyond potential improvements to the artificial intelligence-enhanced Apple Intelligence service. Meanwhile, Apple’s promised move to bring more AI into its Siri voice assistant is likely not coming this week, after the firm said three months ago that the upgrade was taking longer than initially projected. A perceived lack of progress on AI has partly dented sentiment around Apple, sending shares in the company down by more than 16% so far this year. 4. Chinese export data China’s export growth decelerated to a three-month low in May as the country grappled with U.S. tariffs that weighed on shipments. Customs data showed that China’s exports to the U.S. slipped by 34.5% versus the prior year in value terms -- the steepest decline since the outbreak of the COVID-19 pandemic roiled global trade in early 2020. Overall exports, a key driver of the country’s massive trade surplus, still expanded in May, albeit at a slower than expected pace, while growth in exports also weakened sharply. Exports grew 4.8% year-on-year missing expectations for a 5% rise and falling from the 8.1% rise seen in the prior month. But the country’s imports fell substantially more than expected in May, reflecting weak demand at home amid increased economic uncertainty and sluggish consumer spending. Chinese imports fell 3.4% year-over-year, compared to an expected drop of 0.9% and deepening their decline from a 0.2% fall in the prior month. 5. Oil retreats Oil prices slipped lower Monday, but have retained most of last week’s gains as traders watched for news from the U.S.-China trade talks in London. At 03:30 ET, Brent futures slipped 0.5% to $66.16 a barrel, and U.S. West Texas Intermediate crude futures fell 0.4% to $64.30 a barrel. The prospect of a U.S.-China trade deal have boosted some investors’ risk appetite and supported oil prices amid hopes a deal will boost economic growth and thus demand for energy. Brent had advanced 4%, and WTI gained over 6%, last week, their first weekly gain in three weeks. With valuations skyrocketing in 2024, many investors are uneasy putting more money into stocks. Sure, there are always opportunities in the stock market – but finding them feels more difficult now than a year ago. Unsure where to invest next? One of the best ways to discover new high-potential opportunities is to look at the top performing portfolios this year. ProPicks AI offers 6 model portfolios from Investing.com which identify the best stocks for investors to buy right now. For example, ProPicks AI found 9 overlooked stocks that jumped over 25% this year alone. The new stocks that made the monthly cut could yield enormous returns in the coming years. Is AAPL one of them?

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Chinese tech stocks jump ahead of US-China trade talks in London Investing.com-- Chinese technology stocks rose in early trade on Monday ahead of high-stakes U.S.–China trade talks in London, with investors anticipating progress on tariffs and export controls that could boost growth outlook for tech and consumer sectors. U.S. trade officials, led by Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick, are expected to meet Chinese Vice Premier He Lifeng. Talks will centre on rolling back tariffs, adjusting export curbs on tech and critical minerals, and addressing systemic economic concerns Hong Kong-listed Alibaba (HK:9988) and JD.com (HK:9618) were among the top performers, rising 3%, and 4.8%, respectively as traders bet on potential tariff relief and resumed rare earth exports following a positive call between Presidents Xi and Trump. Meanwhile, chipmaker Semiconductor Manufacturing International Corp (SMIC) (HK:0981) saw its shares climb 4.6%, driven by hopes of looser U.S. export controls on semiconductor-related equipment, a key focus of the London agenda. With valuations skyrocketing in 2024, many investors are uneasy putting more money into stocks. Sure, there are always opportunities in the stock market – but finding them feels more difficult now than a year ago. Unsure where to invest next? One of the best ways to discover new high-potential opportunities is to look at the top performing portfolios this year. ProPicks AI offers 6 model portfolios from Investing.com which identify the best stocks for investors to buy right now. For example, ProPicks AI found 9 overlooked stocks that jumped over 25% this year alone. The new stocks that made the monthly cut could yield enormous returns in the coming years. Is BIDU one of them?

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US-China Trade Talks Stall as Trump Accuses Beijing of Violating Agreement | AI News Brew <p>In a sudden escalation of trade tensions, US President Donald Trump accused China of violating a recent trade agreement, potentially reigniting the trade war between the world's two largest economi...

US-China Trade Talks Stall as Trump Accuses Beijing of Violating Agreement
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Swiss minister hopes for result on US trade talks by July ZURICH (Reuters) -Talks over trade between the Swiss government and the Trump administration will hopefully yield a result by the beginning of July, Swiss Economy Minister Guy Parmelin said on Tuesday. Switzerland was stunned to be saddled with steeper tariffs than its neighbours in the European Union when U.S. President Donald Trump early last month unveiled a raft of proposed import duties on U.S. trading partners. Since accelerating diplomatic efforts to avert the tariffs, Switzerland and its business leaders have managed to position the country among a group of 15 nations on a fast-track list towards brokering agreement with Washington. Parmelin, speaking at an event in Zurich, said Switzerland needed to diversify its trade relations and that it was important not to depend too much on one trading partner. The United States is Switzerland’s single biggest export market.

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US-China Trade Talks Continue in Switzerland as Trump Hails 'Great Progress' | AI News Brew <p>High-level trade negotiations between the United States and China continued for a second day in Geneva, Switzerland, on May 11, 2025, as both nations seek to resolve their ongoing tariff dispute. T...

US-China Trade Talks Continue in Switzerland as Trump Hails 'Great Progress'
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China Shifts Stance on US Tariffs, Agrees to Trade Talks in Switzerland | AI News Brew <p>BEIJING - In a significant shift from its previous hardline stance, China has agreed to engage in trade talks with the United States this weekend in Switzerland [1][2][3]. This decision comes after...

China Shifts Stance on US Tariffs, Agrees to Trade Talks in Switzerland
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#USTradeTalks #ChinaUSRelations #GlobalTrade #TariffNegotiations #EconomicDiplomacy

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U.S. and China Set for High-Level Trade Talks in Geneva Amid Global Economic Concerns | AI News Brew <p>In a significant development for global trade relations, top economic officials from the United States and China are scheduled to meet in Geneva, Switzerland, this weekend. The talks, announced on ...

U.S. and China Set for High-Level Trade Talks in Geneva Amid Global Economic Concerns
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Asia stocks rally as China indicates potential US trade talks; HK top gainer Blog Mobile Portfolio Widgets About Us Advertise Help & Support Authors Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks. Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed. Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website. It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

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4 Top Value Stocks to Invest in as US-Global Trade Talks Unfold - Yahoo Finance 4 Top Value Stocks to Invest in as US-Global Trade Talks Unfold  Yahoo Finance

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Analysis-Yen, BOJ’s rate policy may remain focus in Japan-US trade talks WASHINGTON (Reuters) -Japan may have averted U.S. pressure for a stronger yen in bilateral finance talks on Thursday, but a closer look at officials’ descriptions of the meeting suggests currencies and the Bank of Japan’s interest rate policy may remain key factors in broader trade negotiations. Speaking to reporters after his first face-to-face talks with U.S. Treasury Secretary Scott Bessent on Thursday, Japanese Finance Minister Katsunobu Kato said they did not discuss exchange-rate targets or a framework to manage yen rates. There was no accusation made by the U.S. that Japan was intentionally weakening the yen, according to a Japanese finance ministry official who accompanied Kato. But Kato was tight-lipped on the details of the 50-minute meeting with Bessent, which was held on the sidelines of the International Monetary Fund and World Bank spring meetings in Washington. When asked whether the U.S. made any specific requests to Japan, Kato said: "I can’t comment because that goes straight into actual discussions." The U.S. Treasury Department had issued no statement about the Kato-Bessent meeting as of early Friday afternoon. Still, there were some hints. For one, Kato said Japan and the U.S. will continue close and constructive dialogue on exchange rates "in relation to the ongoing bilateral trade negotiations" - language some analysts saw as a sign Washington could make demands on the yen as part of broader trade talks. The meeting preceded top Japanese trade negotiator Ryosei Akazawa’s scheduled visit to Washington next week for a second round of bilateral trade talks that may prove tortuous for the U.S. U.S. President Donald Trump’s focus on addressing the trade deficit, and his past remarks criticizing Japan for intentionally maintaining a weak yen, have fueled market expectations that Tokyo will face pressure to strengthen the yen’s value against the dollar and give U.S. manufacturers a competitive advantage. "President Trump strongly believes that Japan and China have been intentionally depreciating their currencies. There’s little sign of him changing that view, so markets remain cautious," said Tsuyoshi Ueno, senior economist at NLI Research Institute. "If next week’s trade negotiations between Akazawa and Bessent do not go well, Washington’s attention could turn towards exchange rates again," he said. BOJ RATE HIKES Another key sign was Kato’s remark that he explained to Bessent Japan’s recent economic developments "including wage hikes." He added that in doing so, he also talked about Japan’s "price developments." That suggests discussions may have touched upon Japan’s monetary policy, as both wages and prices are key to the timing and pace of further interest rate hikes by the BOJ. Sources have previously told Reuters the slow pace at which the BOJ is raising borrowing costs from ultra-low levels could come under fire in bilateral trade talks. Steady rises in wages and inflation were key to the BOJ’s decision to exit a massive stimulus last year and raise its short-term interest rate to 0.5% in January. With inflation exceeding its 2% target for three consecutive years and big firms continuing to offer bumper pay hikes this year, the BOJ has signaled its readiness to keep hiking rates. But the central bank’s rate-hike path has been complicated by Trump’s tariffs, which threaten to derail Japan’s fragile economic recovery and have prodded analysts to push back the expected timing of the next rate increase. While warning of heightening economic uncertainty, BOJ Governor Kazuo Ueda on Thursday repeated the central bank’s readiness to keep hiking rates. "It’s notable that Kato and Bessent likely discussed Japan’s wage developments," said Katsuhiro Oshima, chief economist at Mitsubishi UFJ (NYSE:MUFG) Morgan Stanley Securities, adding that Ueda’s remarks suggest the BOJ remains on course to hike rates. "Wage hikes would be a win for Japan’s economy, a win for the U.S. from the perspective of exchange rates, a win for Japanese households which will see purchasing power increase, and a win for the BOJ by making it easier to raise rates."

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South Korea, US, to hold trade talks this week, Seoul says SEOUL (Reuters) - South Korea and the United States will hold trade consultations this week in Washington at the suggestion of the United States, Seoul’s trade ministry said on Sunday. Finance Minister Choi Sang-mok and Trade Minister Ahn Duk-geun will meet with Trade Representative Jamieson Greer and Treasury Secretary Scott Bessent on the sidelines of the spring meetings of the International Monetary Fund and World Bank, the ministry said in a statement. South Korea hopes to lower the 25% "reciprocal" tariff that President Donald Trump has announced for the country, which he has since paused along with high tariffs slapped on a string of countries. Ahn will leave on Wednesday, the statement said. It did not specify the agenda or give other details.

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EU could tax Big Tech if Trump trade talks fail, says von der Leyen European Commission president tells FT she wants ‘balanced’ deal but could hit US services in retaliation

Could or Should Tax?

EU could tax Big Tech if Trump trade talks fail, says von der Leyen

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UK won’t jeopardise US trade talks with rushed tariff response, says Reeves LONDON (Reuters) - Britain will not rush into action to counter any import tariffs announced later on Wednesday by U.S. President Donald Trump because it does not want to risk undermining a possible trade deal with Washington, finance minister Rachel Reeves said. "The government has been really clear that we are going to approach this in a clear-headed way and always represent the national interest," Reeves told lawmakers in parliament. Reeves said she met representatives of British exporters earlier on Wednesday and "they don’t want government to rush into any response because the prize on offer is an economic agreement. We don’t want to do anything that undermines that." Britain is hoping that any tariffs imposed by Trump will be reversed quickly if the two sides can agree the outline of a new economic partnership which is likely to focus on areas such as technology and artificial intelligence. Unlike the European Union, Canada and other major economies, Britain has not retaliated over U.S. tariffs that have already been announced. Reeves said she had spoken to EU Commissioner Valdis Dombrovskis, who is in charge of the bloc’s economy, and other countries about their responses to Trump’s expected announcement of tariffs before deciding on any retaliatory moves. Reeves also told parliament’s Treasury Committee that specific tariffs on UK exports were less relevant to the British economy than the broader global demand picture. Britain’s exports to the U.S. are mostly in services - which, unlike goods do not typically incur tariffs - including from its huge financial services sector. Reeves said she was taking action to make sure Britain’s finance industry could continue to compete as the Trump administration cuts red tape. British regulators have postponed the implementation of the global Basel III rules on banks by a further year and dropped proposals for so-called name-and-shame rules for financial institutions since the Labour Party won last year’s election.

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