US House Speaker Johnson fails in an effort to block votes on measures to rescind Trump’s tariff policies, according to CNN's Manu Raju
Newsquawk Staff ·
US House Speaker Johnson fails in an effort to block votes on measures to rescind Trump’s tariff policies, according to CNN's Manu Raju.
What it means
The failed attempt by US House Speaker Johnson to block votes on rescinding Trump's tariff policies signals continued uncertainty in US trade policy. This could impact market sentiment, particularly in sectors sensitive to tariffs, such as commodities and equities, as traders assess potential shifts in trade dynamics. The implications for the USD and global markets, especially in relation to other currencies and commodities, are significant as this political landscape evolves.
Sources
- Dutch PM says no European ally is willing to buy Russian crude
- Ukrainian President Zelensky says negotiations between Ukraine, Russia and the US could take place as early as November 10th
- US Midterms (6 days out): Florida flips to a Republican early-vote lead and Kansas narrows further; Crystal Ball shifts House and Senate races towards Democrats
- Israeli election results show Netanyahu's bloc with 53 seats, Eisenkot's bloc with 47 and Arab parties with 19, following the counting of all votes excluding double-envelope ballots, i24 reports
- Atomic Energy Organization of Iran Spokesman says protocol for building small reactors with Russia is being finalized
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