Trump announced 25% trade tariffs on autos imported into the US.<\/a> This will impact German automakers, sending the share price sharply lower.<\/p>\nECB Luis de Guindos is more concerned over the impact of trade tariffs on growth rather than inflation.<\/p>\n
The pound is rising after Rachel Reeves said the UK will work with Washington to avoid tariffs, given that the two countries have trade surpluses.<\/p>\n
UK GDP and retail sales data are due tomorrow.<\/p>\n","protected":false},"excerpt":{"rendered":"
The pound euro exchange rate is rising on Thursday towards \u20ac1.20. The euro is falling after Trump announced 25% trade tariffs on autos imported into the US. This will impact German automakers, sending the share price sharply lower. ECB Luis de Guindos is more concerned over the impact of trade tariffs on growth rather than […]<\/p>\n","protected":false},"author":163946598,"featured_media":5070,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1380,1379],"tags":[1395,2649,1394,2410],"class_list":["post-119071","post","type-post","status-publish","format-standard","has-post-thumbnail","category-eur","category-gbp","tag-eur","tag-eur-gbp","tag-gbp","tag-gbp-eur"],"acf":[],"yoast_head":"\n
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