US hikes tariffs on SK goods to 25% amid trade deal delays. Autos, lumber, pharma in focus. Traders eye global supply chain risks.
Gold hits $5k, Silver +15% on supply/momentum; Big Tech valuations compelling despite early lag. Watch Fed!
Trump said he will raise US tariffs on South Korean goods to 25% from 15%, citing Seoul’s failure to ratify a 2025 trade deal. The move targets autos, lumber and pharmaceuticals and revives Asia-Pacific trade tensions.
Medicare rate proposal shocks insurers, US health stocks slide after hours
UK eyes $93B China trade, balancing US ties. Starmer seeks opportunities, not trade-offs, amid geopolitical shifts.
CoreWeave jumps 12% on $2B Nvidia AI factory boost; Bitcoin miners dip on deal news.
IRS refunds avg $3.2K, may hit $4.2K! E-filers get cash in <21 days; paper filers & EITC/ACTC claims face delays.
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