EU must brace for impact of Trump wrecking ball on global trading system | Heather Stewart
UK appears to be out of US eyeline for now but it would not be immune to slowdown triggered by rising tariffs
Forget the “Trump put”, as financial analysts called the bet that the new US president’s policies would unleash a winning era for the nation’s stock markets. By Friday, the chat was of the “Merz spurt”.
The decision by Friedrich Merz, the new German chancellor-in-waiting, to cut a deal on ditching the country’s debt brake – still to be confirmed by the outgoing parliament – marked a seismic shift. Continue reading...
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