President Trump plans to announce a new trade agreement following his Middle East tour, confirmed by National Economic Council Director Larry Kudlow. Currently, 20-25 agreements are being negotiated, which may ease tariff barriers.
The announcements could positively impact U.S. economic activity and market sentiment, particularly boosting U.S. equities. Historical trends suggest that successful trade discussions often result in short-term market rallies, especially for sectors reliant on exports.
Analysts foresee favorable outcomes for risk assets and a more robust economic environment as global market access potentially increases.
Full story here: https://coincu.com/337478-trump-announces-trade-deal