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The return of ‘tariff man’: the week Donald Trump revived the global trade war

Summary by Financial Times
After a three-month pause, US president threatens punitive levies on governments and commodities

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Under the pressure of Trump's tariff announcements, global markets hesitate between uncertainty and prudence. ...

·Brussels, Belgium
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The Ibex 35 ended the week with a 0.26% gain, standing at 14,009.2 points, in a week marked by global uncertainty generated by the reactivation of the trade war driven by US President Donald Trump. However, the Spanish index closed Friday's session with a 0.94% drop, losing nearly 130 points on the day. "Tariffs have once again captured the attention of global markets in one of the most tense weeks of the year," said Manuel Pinto, analyst at XTB.

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Market Consensus Nicolás López (Singular López) The main European indices end the week with a bassist session in the face of renewed threats from Trump to raise tariffs widely to all the countries with which they are negotiating. Despite this, in the whole of the week the European exchanges have bounced about 2% again to the maximum Post-Liberation Day. Banks, Luxury and Autos, the values that had risen the most in the week, have today led the …

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Financial Times broke the news in London, United Kingdom on Friday, July 11, 2025.
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