#trade-deals

#trade-deals

Financial markets globally rallied with sharp increases in share prices, as the Nikkei rose by 3.5%, the FTSE 100 hit a record 9,061, and the Dow Jones rose over 1%. News regarding nearing trade deals between the EU and US spurred this surge, while a significant trade agreement recently made between the US and Japan benefited Japanese automakers, with Toyota's shares surging over 14%.

In recent discussions, Japan has solidified its trade relationships with major economies, particularly emphasizing strategic partnerships with China and the United States to enhance economic stability.

When asked about steel by reporters, Trump said: We're going to let you have that information in a little while.

The markets are cautious as of mid-morning trading as they weigh this week's positive trade deal developments and easing inflation with signs of a cautious consumer.

Trump's Middle East sojourn ended, revealing no grand bargain for peace and instead multiple smaller agreements focused on business and investments.

So the trade deals are making good progress, and the negotiating teams are hard at work moving those forward.

"I have a deal! Lutnick said. Done, done, done, done. But I need to wait for their prime minister and their parliament to give its approval, which I expect shortly."

It would be good to see a deal or two put forward so there's a construct that people can understand, and people can say OK, so that's what these deals are going to look like.

The Colombian government warns that trade deals can allow international corporations to override the rights of governments in developing nations, undermining their sovereignty.