White House to announce up to 6 month delay on EU cars

Author: Greg Michalowski | Category: News

This was leaked earlier in the week.

Sources are reporting that the White HOuse is expected to announce an "up to 6 month" delay in tariffs on EU cars today.   

This idea was floated earlier this week (Wednesday). The EURUSD and stocks popped on the news. 

The EURUSD is getting a second swing at the pitch (or so it seems) as it is trading a bit higher (at 1.1173. the recent low was at 1.1158 some 35 minutes ago). 

US stocks are not. The Dow futures are down -200 points now. The S&P is down -20 points. Nasdaq is down -71 points.   The S&P and Nasdaq is on pace for the 2nd straight weekly decline. 

By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose