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Trump Signals 50/50 Chance for New U.S.–EU Trade Deal Former U.S. President Donald Trump has indicated that there is a “50/50 chance” of striking a new trade agreement between the United States and the European Union, raising both hopes and concerns about the future of transatlantic economic relations. Speaking at a business policy roundtable in New York, Trump stated that discussions between American and European negotiators had resumed and were progressing with what he called “cautious optimism.” However, he warned that serious disagreements remained, particularly on issues related to tariffs, digital trade, and regulatory alignment. “We’re talking, and that’s important,” Trump said. “There’s a 50/50 chance we get a fair deal done. But it’s got to work for American workers and businesses.” A renewed trade agreement between the U.S. and EU could have major implications for global commerce. Key sectors such as automotive, pharmaceuticals, digital services, and agriculture could be sig...

Trump Threatens Tariffs on BRICS Countries, Raising Global Trade Tensions Former U.S. President Donald Trump reignited global trade concerns this week with a stark warning aimed at the BRICS alliance, stating he would impose a sweeping 10% tariff on all imports from BRICS countries if re-elected in the 2026 presidential race. The announcement, made during a campaign event in Ohio on July 18, has already sent ripples through international markets and diplomatic circles, as it signals a potentially aggressive trade stance against one of the world’s fastest-growing economic blocs. The BRICS group—which includes Brazil, Russia, India, China, and South Africa—has expanded in recent years to include countries like Egypt, Ethiopia, Iran, and the UAE. Its growing economic influence has been viewed by many as a counterbalance to traditional Western-dominated institutions. The group accounts for approximately 36% of global GDP and over 40% of the world’s population , making any confrontation ...

Bitcoin Hits Record High Amid Global Risk-On Sentiment Bitcoin surged past the $118,000 mark this week, setting a new all-time high as investors worldwide poured money into risk assets amid signs of economic stabilization and central banks hinting at a pause in interest rate hikes. The flagship cryptocurrency gained over 12% in the past seven days, fueled by strong inflows from institutional investors, renewed enthusiasm around digital assets, and a broader rally across global equity markets. Analysts attribute the price surge to a combination of macroeconomic optimism and evolving use cases in financial markets. “We're witnessing a powerful risk-on sentiment globally, and Bitcoin is once again at the center of it,” said Daniela Wong, a crypto strategist at Axis Capital. “With volatility cooling in traditional assets and inflation under control in key economies, investors are reallocating into alternative stores of value.” Macro Tailwinds Driving Crypto Momentum The rally comes...

Markets React to Tariff Tension as Global Trade Uncertainty Rises Global markets experienced renewed volatility this week as fresh concerns over U.S. trade policy surfaced. Former U.S. President Donald Trump confirmed the signing of tariff letters aimed at 12 countries, signaling the potential return of broad protectionist measures. Although full details are yet to be released, early reports suggest that the tariffs may target critical sectors such as automobiles, electronics, agriculture, and industrial goods. Market Response Equity markets responded swiftly, with major indices showing immediate declines: S&P 500 futures dropped by 0.6%, Germany’s DAX fell by 0.7%, France’s CAC 40 declined 0.9%, and South Korea’s KOSPI dropped nearly 2%. These losses reflect growing concerns among investors about rising trade barriers and potential retaliation by affected countries. Analysts warn that the move could disrupt global supply chains and affect business confidence at a critical time for...