London markets did not like British trade agreement

The United Kingdom is the first country to conclude a trade agreement with American jubilation. And investors have certainly done so, giving the three main American clues to consecutive victory sessions. Curiously, the atmosphere through the Atlantic was not as optimistic: the United Kingdom FTSE 100 Closed below following the announcement of the agreement.

Admittedly, the United Kingdom has extracted certain concessions, such as a lower rate rate on its first 100,000 vehicles exported to the United States and the guarantee of new discussions for universal levies of 25% of US President Donald Trump on steel and aluminum imports.

That said, the agreement seems more advantageous for the United States, at least depending on the fact that a 10% rate will remain on all British imports, in parallel with other compromises authorized by Great Britain.

The United States already manages a trade surplus with the United Kingdom, which means that it exports more to the country that it does. And a 10% rate was what Trump stuck the United Kingdom on April 2, so there was no reduction in these levies despite the fact that the two countries reached an agreement.

“What we have heard today is just noise for most British imports. This does not affect the majority of products,” said Andy Abbott, CEO of Niche Ocean Liner Company Atlantic Container Line, to Lori Ann Larocco from CNBC.

Based on the details available, Washington seems to have obtained the best end of the agreement.

The United Kingdom establishes a preliminary commercial agreement with us
President Donald Trump presented the main lines of a trade agreement on Thursday with the United Kingdom. Many details on the agreement were not immediately clear, and nothing was signed during the Oval Office event. An information sheet from the White House said that the United States will keep a 10% coverage rate on British imports, which, according to Trump, will be the soil for prices. The impact of the agreement could be limited, said a CEO of freight.

Most markets come together on news from the trade agreement
American actions climbed news from the US-UK US Agreement on Thursday. THE S&P 500 added 0.58%, the Industrial average Dow Jones won 0.62% and the Nasdaq Composite Advanced 1.07%, stimulated by a large increase in technological actions. The Asian-Pacific markets mainly increased on Friday. Hong Kong Hang Seng index Increased 0.2%, while semiconductor manufacturing international corporation actions, the largest manufacturer of contractual china fleas, fell by almost 7% after its first quarter profits lacked estimates.

The export of exports in April of China despite the American prices
Chinese exports in April jumped 8.1% in US dollars compared to the previous year, according to data published by the country’s customs authority on Friday, strongly defeating the reuters survey of an increase of 1.9%. The sharp increase in exports challenges a 21% annual sliding plunge in outgoing shipments from China to the United States, based on CNBC calculation of official customs data. China exports to the Association of Southeast Asian Nations climbed 20.8% in April compared to the previous year, helping to compensate for the drop in exports to the United States

Coinbase lacks Bitcoin jumped estimates
Jamming The shares have dropped by almost 3% of prolonged exchanges after declaring income from the first quarter that did not meet expectations. The company said that the consumer negotiation volume fell 17% compared to the fourth quarter. The same day, bitcoin Prices have increased by almost 7% during American negotiation hours to more than $ 100,000 for the first time since February, and a standard approved analyst wrote ironic apology that his objective of $ 120,000 for Bitcoin “could be too low”.

First American pope elected
Cardinal Robert Francis Prevost was elected Pope on Thursday, the first time that an American was selected as pontiff of the Roman Catholic Church. Prevost, 69, chose the papal name Leo XIV. After the news, Trump congratulated the new pope, writing on Truth Social that Leo being the “first American pope” is “a great honor for our country”.

(Pro) deals with only a temporary stimulus?
Even if investors applauded the American trade agreement and sent actions above Thursday, the contributor to CNBC Pro, Josh Brown, CEO of Ritzholtz Wealth Management, keeps his expectations of a prolonged market rebound in check – and highlights two defensive technological actions because they behave more like consumer staples.

American tariff pressure has retailers assessing their prices

Household brands, including Pandora, Puma and Hugo Boss, said this week that they evaluated their price strategies in the United States and beyond, in the event that President Donald Trump’s most punitive samples come into force. Others have said that they are changing their supply chains and potentially revised their sales forecasts in the midst of uncertainty of American trade policies.

Last month, Trump announced sweating and so-called reciprocal sweeping rights over all American business partners. The accusations were then interrupted for 90 days and reduced to 10% for most countries except China, pending trade negotiations.

Here is what some main European retailers have said about their product prices and their prospects for profits.