EU to Accept Trump Universal Tariff but Seeks Key Exemptions

Published on July 2, 2025

The European Union is willing to accept a trade arrangement with the US that includes a 10% universal tariff on many of the bloc’s exports, but wants the US to commit to lower rates than that on key sectors such as pharmaceuticals, alcohol, semiconductors and commercial aircraft.

Continue reading on website
Other news

Invesco’s Danfield on Midyear Fixed Income Outlook

July 2, 2025
With the market roughly at the midpoint for 2025, investors and advisors are still assessing how changing macroeconomic conditions could affect their fixed income portfolio.

Iran Conflict Equity Implications

July 2, 2025
A potential conflict with Iran has consistently appeared in our monthly Market Risk Monitor for over two years. Now that risk has materialized. Our equity portfolio managers assess the implications for global markets.