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7 Apr 2025

WH Economic Adviser Hasset: Trump will listen to trading partners if they offer really great deals

In an interview with Fox News on Monday, Kevin Hassett, Director of the US National Economic Council (NEC), said that US President Donald Trump is doubling down on something he knows works and added that Trump will listen to trading partners if they offer "really great deals," per Reuters.

"Trump will decide if trade deals are great enough," Hassett further explained and noted that Trump has talked to world leaders over the weekend.

Market reaction

These comments don't seem to be helping the market mood improve in a noticeable way. At the time of press, US stock index futures were down between 2.6% and 3.1%.


Apr 7, 2025

WTI plunges to near $60 on fears of global economic turmoil

West Texas Intermediate (WTI) recovers some intraday losses in European trading hours on Monday after sliding extensively to near $58.80 earlier in the day, the lowest level seen in four years. The Oil price is still 3% down near $60.40, at the time of writing.
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Apr 7, 2025

EC President von der Leyen: We are ready to negotiate with US on tariffs

European Commission President Ursula von der Leyen said on Monday that they are ready to negotiate with the United States on tariffs, per Reuters.
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