US President Trump posts "Italy wasn’t there for us, we won’t be there for them!"

President Trump's comment suggests a significant shift in diplomatic tone towards Italy, which could heighten tensions within international relations.

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Newsquawk Daily Asia-Pac Opening News - 17th April 2026

US President Trump posts "Sadly, Mayor Mamdani is DESTROYING New York! It has no chance! The United States of America should not contribute to its failure. It will only get WORSE. The TAX, TAX, TAX Policies are SO WRONG. People are fleeing"

US President Trump posts "Italy wasn’t there for us, we won’t be there for them!"

G7 reaffirmed backing for Ukraine, including energy needs ahead of winter, and agreed to sustain pressure on Russia while they discussed Chernobyl repair efforts and IMF reform progress

US Interior Secretary Bergum says spoke with oil and gas producers today and US producers are getting a price signal to invest

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This rhetoric may influence market sentiment, particularly in the forex and commodities sectors, as uncertainty can lead to volatility in assets like the USD and gold. Traders should watch for potential market reactions and how this might impact risk appetite and cross-border investments.

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