As tensions rise over tariffs, the EU and US are in urgent talks to secure a trade deal. President Trump delays tariffs after a key call with EU leaders, but doubts remain about the outcome.
China's equity markets remain volatile despite a tariff reprieve. Meanwhile, Australia sees a surge in employment, and the Chinese central bank relaxes reserve requirements to boost liquidity amidst trade tensions.
U.S. Treasury yields fell sharply after President Trump announced a 90-day tariff reprieve on most countries, calming bond market volatility. Analysts warn of ongoing trade uncertainty despite temporary relief.
In a surprising move, President Trump has postponed tariffs on certain Mexican and Canadian goods for another month. This decision comes after discussions with Mexican President Claudia Sheinbaum, who emphasized the importance of cooperation amid ongoing trade tensions. As financial markets react, uncertainty looms over U.S. trade policy.
