See, let's get uh to the other big trade story today. Treasury Secretary Scott Bessant resuming talks with his Chinese counterparts on a potential deal with the US. Aean Jmers.Really. It's in Stockholm, Sweden. Well, isn't that uh nice.Uh and he joins us now. Good morning, uh Aean. Beautiful city.Good morning, Joe. Yeah, it is a beautiful city. Somebody had to throw themselves on the grenade to get this assignment, so I volunteered for it.Uh look, high stakes in Stockholm today. It's been a bumpy ride as yo ...

♪ >> NEWSMAKERS AND MARKET MOVERS. THIS IS THE PULSE WITH FRANCINE LACQUA. KRITI: GOOD MORNING AND WELCOME TO THE PULSE.I'M PRETTY COOPED UP, FILLING IN FOR FRANCINE. U.S. AND EUROPEAN UNION STRUCK A TRADE DEAL IMPOSING A 50% TARIFF ON MOST EU EXPORTS. THAT INCLUDES CARS AND PHARMACEUTICALS.THE BLOCK WILL RAMP UP PURCHASES OF AMERICAN ENERGY AND BOOST INVESTMENT WITHIN THE UNITED STATES. IT SIDESTEPS DONALD TRUMP'S THREAT OF STEEPER LEVIES. >> I WANT TO CONGRATULATE YOU.I THINK IT IS GREAT WE MADE A DEAL TO ...

The US tariff level is now the highest since the 1930s and about six times what it was when Trump took office https://t.co/b1tBNmC5ix ...

European capitals are putting a brave face on the trade deal they struck with President Donald Trump, which will see the European Union accept a 15% tariff on most of its exports to the US while reducing levies on some American products to zero https://t.co/8Xxn0ncTWF ...

America now has an “effective” tariff of over 16%, the highest since the 1930s. Who is paying? Most economists reckon that ordinary Americans will lose out. Donald Trump reckons the rest of the world will shoulder the load https://t.co/bZr42mEZZK ...

Market Sentiment & Trade Agreements - The market views the trade deal with Europe positively, considering "deal is better than no deal" [1][2] - Agreements with the US, such as those with Japan and Europe, have led to market rallies in those countries [2] - Increased certainty regarding trade and tariffs is boosting equities, despite longer-term economic risks [3] - The stock market is reacting positively to growing clarity on Trump's tariff agenda [4] Volatility & Risk Assessment - The VIX (implied volatility index) is at a low of sub 15, the lowest since February, suggesting market complacency [5] - Despite low implied volatility, significant event risk exists, including trade talks with China, earnings reports, and central bank meetings [6] - Analysts are discreetly recommending hedging strategies in options and bond markets to protect against potential drawdowns [7] China Market Perspective - Continuation of trade talks is seen as a positive for China, avoiding escalation and tariff increases [8] - Analyst reports from China indicate optimism and a potential bull market in Chinese equities [9]

FTSE 100 Live: Stocks Set to Bounce on EU-US Tariff Deal https://t.co/5uhmrf8n2I ...

South Korea is pitching the US on a shipbuilding partnership as a key proposal to seal a last-minute agreement to avoid a 25% tariff rate https://t.co/aBFo7IP4gc ...

Gold steadied after the US and EU announced they had reached a tariff agreement, staving off some concerns about a potentially painful trade war https://t.co/WAbsXqOQr3 ...

US and Chinese officials are meeting Monday to extend their tariff detente beyond a mid-August deadline, and haggle over other ways to further defuse trade tensions. https://t.co/qIa5sgCXUm ...