Trump’s UK Remarks Stir Global Financial Markets Amid Tariff and Oil Price Concerns
Former US President Donald Trump's statements during his UK visit have injected fresh uncertainty into global markets. Speaking alongside Prime Minister Keir Starmer, TRUMP declared the US would refrain from imposing additional taxes on EU, Chinese, and Indian purchases of Russian oil—a move that temporarily eased secondary sanctions fears. His remarks about using US influence to lower oil prices as a means to end conflicts sent ripples through commodity markets.
The geopolitical tensions come as China restricts its national firms from purchasing Nvidia products, escalating the ongoing tech cold war. American politicians are simultaneously pushing for stronger measures against China's rare earth elements leverage—a development that could impact technology and energy sectors globally.