Articles in this Cluster
27-05-2025
US President Donald Trump extended the deadline for EU trade talks to 9 July after threatening to raise tariffs on EU goods to 50% by 1 June. He had previously reduced a proposed tariff to 10% to allow negotiations, but expressed frustration with their pace. Following a “very nice” call with European Commission President Ursula von der Leyen, both sides signaled readiness to accelerate talks. Existing 25% tariffs on EU steel and aluminum remain. The EU has paused its own retaliatory measures but is consulting on further options, while major EU members urge a diplomatic resolution to avoid economic harm.
Entities: Donald Trump, European Union, Ursula von der Leyen, European Commission, tariffs • Tone: analytical • Sentiment: neutral • Intent: inform
27-05-2025
Asia-Pacific stocks mostly fell Tuesday as investors weighed global trade after President Trump deferred 50% tariffs on EU imports. Japan’s Nikkei slipped 0.19%, Topix was flat; South Korea’s Kospi fell 0.49% and Kosdaq 0.12%; China’s CSI 300 dropped 0.56% and Hong Kong’s Hang Seng 0.3%, despite China’s April industrial profits rising 1.4%. India’s Nifty 50 and Sensex opened lower by 0.49% and 0.63%, while Australia’s ASX 200 rose 0.33%. U.S. markets were closed, but futures jumped (Dow +1%, S&P 500 +1.1%, Nasdaq 100 +1.3%) on the tariff delay.
Asian currencies strengthened as the dollar fell on U.S. debt concerns: yen +0.31% amid BOJ rate-hike signals, Taiwan dollar rose for a sixth day, ringgit gained; won was flat. Notably, Hong Kong–listed bubble tea stocks rallied (Mixue up as much as 9.2%; Nayuki, Baicha Baidao, Guming also higher). Meituan slid to an eight-month low on intensified instant retail competition despite strong Q1 revenue. BYD shares extended declines after recent price cuts. Japan’s net external assets hit a record, but Germany overtook it as the top creditor nation. Gold was flat around $3,344/oz after slipping on improved risk sentiment post U.S.-EU trade reprieve.
Entities: Asia-Pacific stocks, President Trump, European Union tariffs, Nikkei, Hang Seng • Tone: analytical • Sentiment: neutral • Intent: inform
27-05-2025
Jim Cramer sees reasons for optimism heading into the week: Trump extended the EU tariff deadline to July 9, easing market fears and boosting futures; the EU is signaling readiness to fast-track trade talks, and Japan may follow; Washington’s latest House bill could spur Senate negotiations on spending and taxes; and Trump’s tougher stance on Russia may align U.S.-EU interests. With Nvidia reporting amid tempered expectations, the S&P oscillator near 1% suggesting lower risk, and the 10-year around 4.5%, Cramer feels underexposed to equities. He favors buying Capital One, TJX, Goldman Sachs, and still likes Disney; he’s cautious on GE Vernova after a parabolic run and wary of Home Depot due to weak seasonal trends. He won’t chase stocks on an up open but hopes the market can briefly shrug off White House-driven volatility.
Entities: Jim Cramer, European Union, Donald Trump, Nvidia, S&P oscillator • Tone: analytical • Sentiment: positive • Intent: inform
27-05-2025
Over a volatile 72 hours, President Trump abruptly threatened a 50% tariff on all EU imports, stunning European officials and some advisers, then paused the move after securing fresh momentum in stalled trade talks. Frustrated by the EU’s slow, 27-country process and lack of written proposals, Trump’s team—led by Treasury Secretary Scott Bessent and NEC Director Kevin Hassett—saw the threat as leverage to “light a fire” under Brussels. Markets initially tumbled on the escalation, then rebounded when Trump delayed tariffs until July 9 following a call with European Commission President Ursula von der Leyen, who pledged to move “swiftly and decisively.” Negotiators now face a six-week sprint to reach a deal, with Trump keeping tariff pressure in reserve if talks falter.
Entities: Donald Trump, European Union, Ursula von der Leyen, European Commission, Treasury Secretary Scott Bessent • Tone: urgent • Sentiment: neutral • Intent: inform
27-05-2025
Donald Trump has postponed imposing 50% tariffs on EU imports from 1 June to 9 July 2025 to allow more time for trade negotiations after a call with European Commission President Ursula von der Leyen. Trump said the EU wants “serious negotiations,” and both sides will meet quickly to seek a deal. EU leaders, including Ireland’s prime minister, welcomed the delay and emphasized a measured approach, warning tariffs harm economies and consumers. The move follows escalating rhetoric and recent tariff actions, with the EU pledging to defend its interests while aiming for a negotiated resolution.
Entities: Donald Trump, European Union, Ursula von der Leyen, European Commission, Ireland • Tone: analytical • Sentiment: neutral • Intent: inform
27-05-2025
Donald Trump said EU-US trade talks are making “positive” progress after the EU moved to set meeting dates, boosting US stocks. He defended his earlier threat of a 50% tariff on EU imports—now delayed to 9 July—and hinted at further unilateral action if talks fail. EU and US officials plan meetings in Paris and Washington, with Brussels aiming for zero tariffs on industrial goods and increased EU purchases of US soy, arms, and LNG. Macron criticized Trump’s impulsive tariff policy, while the European Commission sought rapid data on EU investment plans in the US to bolster negotiations. Global markets rose on the tariff delay, with July 9 seen as the next key flashpoint.
Entities: Donald Trump, European Union, US-EU trade talks, 50% tariff on EU imports, Emmanuel Macron • Tone: analytical • Sentiment: neutral • Intent: inform
