Japan signed earlier this week. EU and U.S. near 15% tariff agreement after Japan deal, averting $109B trade war and boosting market momentum

Momentum just doubled. The European Union and the United States are finalizing a trade agreement that would lock in a 15% tariff on EU goods entering the U.S. The framework mirrors the Japan deal signed days earlier. That one included a $550 billion investment pledge and a 15% tariff ceiling. The EU pact is smaller, …

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The UK ran up debt & deficits like they didn’t matter from 1914-45…& it cost them global reserve currency status & their empire…. US debt increases by $109B in 1 day.

One of the best quotes regarding economics & money IMO… pic.twitter.com/Pj4zqWlYXL — John Haar (@john_at_swan) July 2, 2024 During World War I and World War II, the UK indeed faced significant increases in its national debt. In 1914, the debt stood at £650 million, but by 1919, it had surged to a staggering £7.4 billion. Similarly, during World …

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