US President Trump says the US will put a tariff on the UK if the digital service tax is not dropped
Trump's comments on imposing tariffs on the UK highlight escalating trade tensions, particularly centered around digital services taxes that could affect various sectors.
[MARKET UPDATE] US equity futures open lower (ES -1 point, NQ +83 points); T-Note futures U/C; WTI futures +USD 0.80/bbl; Spot XAU -USD 7/oz
The fire at Russia's Tuapse oil terminal is under control
US President Trump says the US will put a tariff on the UK if the digital service tax is not dropped
US President Trump says nobody is trying to get through the US blockade
US President Trump says that the US does not have an oil shortage and are taking millions of barrels of oil from Venezuela
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This move could increase volatility in the forex market, especially impacting the GBP and potentially leading to a risk-off sentiment in equities and commodities. Watch for market reactions as this could foreshadow broader trade strategies and prompt adjustments in asset positions.
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