The US and China have signed a trade agreement. US Commerce Secretary Lutnik says it includes a commitment from Beijing to deliver rare earths. But the clock’s still ticking for other trading partners worldwide — scrambling to reach the finish line before that July 9th tariff increase deadline; US economic data boosts bets the Fed will cut rates at least twice this year… Traders now focusing on PCE data today and the jobs report next week for more clues; and Iran rejects claims that nuclear talks with US will resume. Meanwhile the US defense secretary lashes out at media for questioning the effectiveness of the strikes on Iran.. while the Supreme Leader claims America achieved nothing by intervening.
Horizons Middle East & Africa is your daily spotlight on one of the world’s fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong Kong, or start your day in London or Johannesburg.
Chapters:
00:00:00 – Introduction
00:03:11 – US, China sign trade deal
00:07:05 – Brett McGonegal, Capital Link CEO
00:14:18 – Trump administration insist Iran strikes successful; Iran says US achieved nothing in war
00:19:17 – Amir Yaron, Bank of Israel Governor
00:26:09 – US Treasury deal with G-7 kills ‘revenge tax’ from Trump’s tax bill
00:29:53 – South Africa: citrus producer ramping up shipments ahead of Trump tariffs
00:35:38 – IMF expects Zambian economy to grow 6% in 2025
00:43:33 – EU is prepared for all eventualities in US trade talks
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