Europe scores a deal
Monday 28th July 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABPresident Trump announced a trade deal with the EU on Sunday, that sees a 15% tariff on most goods, cars included. Aluminium and steel remain at 50%. In exchange, according to Bloomberg, Europe will not levy any tariffs and will invest an extra $600bn in the US and spend $750bn on US energy. The deadline for a China deal also seems to have been pushed back 90 days. NAB’s Rodrigo Catril talks through the likely market reaction today, with equities already elevated on Friday from…
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