New Overnight Developments Abroad - Daily Update
More Tariff Letters, Extended Uncertainty, and the Beat of Released Data and Central Bank Watching Goes On
July 9, 2025
Many governments received formal letters from President Trump yesterday, and others will get their “greetings” today. One is struck by the similarity of tariff threats assigned to each country to what had been promised nearly 100 days ago. One is also struck by the continuing drip of fresh elements, like a 50% tariff on copper […] More