Thursday’s headline reflections on the news from Washington indicate that Donald Trump has decided to pause tariffs on most nations for a period of 90 days, with the exception of China. The Daily Telegraph prominently features the headline “Trump blinks first in trade war,” focusing on the positive impact on US stocks following the announcement. Additionally, the front page includes a photo of King Charles III and Queen Camilla sharing insights on a happy marriage.
The Daily Mirror’s front page takes on a combative tone with the headline “Great war of China,” highlighting Trump’s decision to de-escalate tariff threats while also characterizing the move as “erratic” and a “new gamble”. The tabloid also reports on Jacqueline Jossa and Dan Osborne embarking on a holiday to salvage their marriage, labeling it a “make-or-break” trip.
The Daily Mail seizes on the narrative of Trump backtracking by featuring a headline proclaiming “Trump blinks” and stressing the president’s renewed focus on China. The Mail delves into the turmoil experienced in stock markets over the past week, global tariff concerns, and the intensifying trade war with China due to Trump’s tariff increase to 125% on Chinese imports.
The Financial Times shifts focus to bond prices declining amid indications of low demand at a Treasury auction, alongside news that Wimbledon is witnessing increased prices as the All England Lawn Tennis Club seeks funding for construction projects. The fluctuating financial landscape is emphasized, raising questions about the causes behind these market shifts
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