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US, EU Race to Finalize New Trade Agreement | The Pulse 7/29/2025
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July 29, 2025
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47:53Now PlayingThe European Union dodged an imminent trade war with the US this week, but markets and a growing chorus of critics have dispelled early hopes that the deal will bring a sense of stability back to transatlantic relations. The euro fell to a five-week low of $1.1527 on Tuesday, having fallen about 1.8% since the trade deal was announced. That’s after the common currency had surged to a near three-year high last week on the prospect of an agreement with the US. Meanwhile as the US continues trade talks with China in Stockholm, President Donald Trump said reports of him seeking a summit with China’s Xi Jinping are “not correct”.
Today's guests: Ursula Marchioni, BlackRock EMEA Head of Investment and Portfolio Solutions, Patrick Hummel, UBS Head of European Autos Research, Vivian Lin Thurston, William Blair Investment Management Portfolio Manager, Anke Reingen, RBC Capital Markets Co-Head of Global Financials Research.
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