Quilter, a UK wealth management firm, acquires NuWealth to enhance support for first-time investors.
Global Trade Tensions Ease as US Reaches Tariff Agreement with EU
The United States has reached a temporary agreement with the European Union to suspend tariffs on steel and aluminum imports. This marks a significant step towards easing trade tensions between the two economic powerhouses. The agreement is expected to provide relief to businesses on both sides of the Atlantic and could pave the way for further negotiations on trade issues.
The US had imposed tariffs on steel and aluminum imports from the EU in 2018, citing national security concerns. The move had led to retaliatory tariffs from the EU and strained relations between the two trading partners. The suspension of tariffs is seen as a positive development that could help restore trust and promote a more cooperative trade environment.
Both the US and EU have expressed their commitment to working together to address global trade challenges and promote fair and open trade practices. The temporary agreement is set to last for at least six months, during which time the two parties will work towards a more permanent solution to their trade disputes.
Arwen Volkov, A graduate of the University of St. Gallen in Switzerland with a degree in International Finance, Arwen specializes in sustainable finance and green investments. She began her career at an investment bank in London, where she developed financing models for environmentally friendly projects. Known for her analytical and strategic thinking skills, Arwen is a sought-after financial consultant. In her spare time, she mentors fintech startups, contributing to their growth strategies. She is also a nature enthusiast and an amateur photographer.