Daily Summary
Trump announced secondary tariffs on several imports, prompting global economic concerns and contributing to a drop in US business deals amid retaliatory tariffs by China. Meanwhile, Britain's finance minister signaled potential fiscal changes in March with a preference for spending cuts, and investment focus has shifted to companies like Warner Bros. Discovery, Snowflake Inc., and Embraer S.A. Additionally, the new US administration is set to overhaul financial services policy by easing banking regulations and promoting digital asset technologies.
Nations Brace for Trump's 'Liberation Day' Tariffs
Donald Trump has announced new secondary tariffs, dubbed 'Liberation Day', targeting aluminium, steel, cars, and fentanyl imports, a move that FT experts say may adversely affect the U.S. economy while prompting global market adjustments.
UK's Reeves Promises March Budget Adjustments if Needed
Finance Minister Rachel Reeves stated that changes may be announced in March if fiscal forecasts indicate the need, emphasizing spending cuts over tax increases to meet fiscal rules.
US Dealmaking Slides in 2025 Amid Tariff Retaliation
In February 2025, China imposed tariffs on $14 billion of U.S. goods, fueling a sharp 30% drop in M&A activity as businesses react to rising trade tensions and economic uncertainty.
March 2025 Stock Outlook: Three Strategic Investment Picks
Warner Bros. Discovery, Snowflake Inc., and Embraer S.A. offer distinct value propositions as they tackle streaming profitability, cloud data growth, and aerospace recovery respectively, setting the stage for strategic investments in March 2025.
Financial Services: Navigating the New Administration’s Reforms
The new administration is set to reshape financial services by easing banking regulations and promoting digital asset technologies, impacting consumer protection, bank capital rules, and digital asset oversight.