Uncertainty surrounding Barnier’s future has led to a significant sell-off in French bonds and stocks, with concerns about the budget plan for €60bn in cuts and tax rises exacerbating market instability amid Le Pen’s growing influence.
Amid rising concerns of an economic conflict, Mexico, Canada, and China have warned of potential damage following Trump’s announcement of punitive tariffs, which he argues are necessary for protecting US interests, drawing criticism from international trade partners who describe the move as irresponsible and foresee increased costs in sectors like petrol.
A pro-Russia presidential candidate has significantly impacted Romania’s political landscape, raising concerns about the country’s future alignment with Western priorities.
US retailers are extending Black Friday sales for several weeks to attract reluctant shoppers, as consumer confidence is dampened by inflation and uncertainty around Trump’s policies.