New Overnight Developments Abroad - Daily Update
Trump Speech, Lutnick’s Scoop, and Across-the-Board Large Rise in Long-Term European Interest Rates
March 5, 2025
President Trump’s speech to a joint session of Congress last night lasted 99 minutes (a multi-decade record) but was predictable for the most part. The element of policy surprise was leaked by Commerce Secretary Lutnick, who indicated that 25% tariffs imposed against Canada and Mexico could be scaled back soon, depending on the result of […] More
