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World

Trading Day: Trump shatters tariff calm with new salvo

Reuters
Summary
Nutrition label

73% Informative

U.S. President Donald Trump gave the world a stark reminder on Friday that his trade war is far from over.

Trump threatened 50% tariffs on European goods effective June 1 and floating a 25% charge on Apple iPhones sold in the U.K. The S&P 500 sealed its steepest weekly fall since March - ensuring it will be a nervy and anxious long weekend for investors.

The dollar index falls nearly 2% , its first weekly loss.

What could move markets on Tuesday ? ( U.S. and UK markets are closed on Monday )

South Korea consumer sentiment

Hong Kong trade ( April )

Bank of Japan Governor Kazuo Ueda speaks.

U.S.

2-year Treasury note auction expected to be held on Tuesday .

VR Score

84

Informative language

91

Neutral language

30

Article tone

formal

Language

English

Language complexity

38

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links