Wall Street chanted a trade deal, USA, but not London

The United Kingdom is the first country to conclude a trade deal with the United States braid. Certainly, investors granted the three winning sessions to the United States of America. It is strange that the mood throughout the Atlantic Ocean was not optimistic: FTSE 100 in the UK closed less after the announcement of the agreement.

Certainly, the United Kingdom extracted some privileges, such as the low rate of tariffs on the first 100,000 vehicles exported to the United States and securing new discussions for US President Donald Trump 25 % global days on steel and aluminum imports.

However, the deal seems more useful for the United States, at least based on the fact that the 10 % tariff will remain on all UK imports, along with other concessions that Britain allows.

The United States is already running a commercial surplus with the United Kingdom, which means it exports the country more than it imports. The tariff by 10 % was what Trump slapped in the United Kingdom on April 2, so there was no decrease in those drawings despite the fact that both countries reached an agreement.

Andy Abbott, CEO of CNBC from CNBC, Lori Ann Laroco.

Based on the available details, Washington appears to have got a better end to the deal.

The UK takes the initiative: looks at a deal with us
On Thursday, US President Donald Trump laid out the outlines A commercial agreement with the United Kingdom. Several details about the deal were not immediately clear, and nothing was signed during the oval office event. The White House fact newspaper reported that the United States will retain a 10 % blanket tariff on UK imports, which Trump said will be The floor of definitions. the The effect of the deal can be limitedThe CEO of shipping shipment said.

Most of the markets are gathered on the news of the commercial deal
American stocks rose on Thursday On the news of the newly signed United States of America. the S & P 500 He added 0.58 %, and Dow Jon’s industrial average Earn 0.62 % and Nasdak Advanced 1.07 %, supported by a wide increase in technology shares. General Europe Stoxx 600 The index rose 0.4 %. UK FTSE 100 0.32 % decreased, Abandoning previous gains When the country and the United States announced a commercial deal and reduced interest rates in the central bank.

Britain’s central bank reduces interest rates
England Bank on Thursday Reducing interest rates to 4.25 % from 4.5 %. It was widely expected to reduce, especially after the price slowdown, with Cooling annual inflation to 2.6 % in MarchDecrease from 2.8 % in the previous month. Five of the nine policy makers in the Bank of England in favor of the reduction, where two members of 50 Basis want at a point, and two want to keep the rates.

Coinbase makes estimates as bitcoin jumps
Coinbase The shares decreased by almost 3 % in the stretch trading after they were reported to the revenues of the first quarter of that Failure. The company said that the volume of consumer trading decreased by 17 % from the fourth quarter. On the same day, Bitcoin Prices have increased by 7 % to more than $ 100,000 for For the first time since FebruaryAnd a standard rented analyst wrote an apology in his tongue in the cheek The goal of $ 120,000 for Bitcoin “It may be very low.”

The first American Pope was elected
cardinal Robert Francis Brevost Kebaba was elected On Thursday, the first time that an American was chosen as teeth of the Roman Catholic Church. Choose Prevost, 69, the fourteenth papal name Liu. After the news, Trump congratulated the new PopeAnd writing on Social truth Liu being “the first American Pope” is a “great honor for our country.”

(Pro) commercial deal only a temporary incentive?
Although the investors chanted the commercial deal of the United States Tasty market recovery expectations In selection – it refers to two defensive technology arrows because they act more like consumable foodstuffs.

Why does the bank of the Bank of England believe that the uncertainty here to survive despite the commercial deal

On Thursday, England Governor Andrew Billy told the UK that the UK was heading to more economic uncertainty, although the country was the first to distribute a trade agreement with the United States during the controversial President Donald Trump’s regime.

“The tariff and the commercial situation injected more uncertainty,” Billy told CNBC in an interview. “The American Trade Agreement and the United States are very welcome in this sense, very welcome. But the UK is a very open economy.”

This means that the influence of definitions on the British economy is not only from its own trade relationship with Washington, but also from those of the United States and the rest of the world.