Bro is announcing this shit like draft picks*Walter Bloomberg (@DeItaone):*TRUMP: TRADE DEAL WITH KOREA*TRUMP: 350B IN INVESTMENTS, 100B ENERGY PURCHASE, 15% TARIFF ...

Trade Agreement & Tariffs - The European Union initially sought zero tariffs but settled for a 15% tariff, indicating a compromise [1] - A 15% tariff on Mercedes could cost German auto companies billions annually [3] - Tariffs are considered a tax on American consumers and businesses [2] Geopolitical Implications - The trade deal is seen as a cave by the European Union to the United States, especially considering their initial stance of zero tariffs [6] - The deal relies on European military spending being directed towards American defense, potentially impacting German defense companies [5] - The US and Europe share concerns about overcapacity, veiled as a reference to China [4] Economic Impact & Market Sentiment - European markets had already priced in a tariff between 10% and 15%, suggesting the 15% deal was viewed as a win [8] - The European economy lacks the fiscal strength and national champions compared to the US and China, limiting its ability to retaliate with matching tariffs [7] - A previous Japan deal involved private corporations funding businesses in the US, raising questions about a similar model for Europe with companies like Siemens [9] Future Outlook - The focus shifts to the relationship between Canada, Mexico, and China, with expectations that US-China talks continuing in September would be considered a positive outcome [12][13] - Japan committed $550 billion on top of existing expenditures to the United States, primarily through loans, the specifics of which remain unclear [10]

India’s struggle to secure a favorable trade deal with the US is an ominous sign for Asia https://t.co/jBmDdxZfNO ...

Indian officials are planning to continue negotiating with the US for a bilateral trade deal by fall of this year even if US President Donald Trump follows through with threatened tariffs this week, sources say https://t.co/y9G0FgNI2Y ...

The trade deal between the EU and the US is "the lesser evil" as it helps avoid a wide conflict, according to one top Spanish banker https://t.co/1CfzOmVYYy ...

Europe’s trade deal with the US gives companies the visibility needed to invest even if the tariffs are a “lose-lose” situation, French finance chief Lombard says https://t.co/7YOjpFRRyL ...

Here's what to know about how the EU-U.S. trade deal will affect European consumer products. https://t.co/ChEJe3v7ZZ ...

The US is still atop the commercial food chain, writes @Moss_Eco. When striking a trade deal, homage goes a long way (via @opinion) https://t.co/0M4dPuAwbn ...

The recriminations have begun around the "one-sided" trade deal between the US and the European Union, while the single currency has fallen sharply against the dollar. But is this really a win for the US? Or just for the US tax office? https://t.co/JwoI0g3KWj ...

DANI: IT'S 5:00 AM IN NEW YORK CITY, GOOD MORNING, I'M DANI BURGER WITH YOUR BLOOMBERG BRIEF, HERE'S WHAT YOU NEED TO KNOW ON THIS TUESDAY. AN EVENING OF FEAR, A SHOOTING IN MIDTOWN MANHATTAN OFFICE BUILDING KILLS FIVE INCLUDING THE GUNMAN. THE U.S. AND E.U. RUSHED TO VERIFY THEIR TRADE DEAL. IN THE LATEST JOB DATA AS THE FED KICKS OFF ITS TWO-DAY MEETING. SIX CONSECUTIVE TRADING DAYS WERE WE HAD SIX RECORDS BUT WE JUST RARELY GOT THERE. 0.2% WITH THE GAIN ON THE S&P 500. WE ARE GAINING AGAIN THIS MORNING F ...