US Treasury Secretary Bessent speaking at Davos says free trade should be fair trade
Treasury Secretary Bessent's remarks at Davos emphasizing that free trade should also be fair trade underline a potential pivot in U.S.
France and Germany reportedly appear to agree on placing the ACI on the table, though not necessarily activating it, Politico reports citing sources; a shift as Germany is now reportedly willing to at least explore the concept of using the ACI
Additional European Equity News
US Treasury Secretary Bessent speaking at Davos says free trade should be fair trade
UK CPI YoY (Dec) Y/Y 3.4% vs. Exp. 3.3% (Prev. 3.2%); All Services 4.5% (prev. 4.4%)
UK PPI Input MoM (Dec) M/M -0.2% vs. Exp. -0.1% (Prev. 0.5%, Rev. From 0.3%)
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trade policy. This could signal a tougher stance on trade negotiations and may influence relations with trading partners, particularly in the EU. Traders should monitor market reactions, as any moves toward protectionism could affect commodity prices and currency flows.
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