New York, July 11, 2025 (AFP) - Stocks fall as Trump ramps up tariff threats

NAMPA / AFP
2025-07-11
European and US stock markets retreated Friday as US President Donald Trump ramped up his trade offensive, threatening a 35-percent levy on Canada. Trump dampened earlier optimism by firing off more than 20 letters to governments outlining new tariffs if agreements are not reached by August 1. Bitcoin meanwhile pushed on with its climb, reaching an all-time high above $118,000. The dollar was higher against its main rivals, and oil prices gained.......
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OSHAKATI, 09 July 2025 - Newly appointed governor Hofni Iipinge and former governor Elia Irimari during the welcoming ceremony of the governor on Wednesday. (Photo: Maria David)NAMPA

OSHAKATI, 09 July 2025 - Newly appointed governor Hofni Iipinge and former governor Elia Irimari during the welcoming ceremony of the governor on Wednesday. (Photo: Maria David)NAMPA

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SWAKOPMUND, 08 July 2025 - T12 female sprinter, Ndapewa iipinge and guide Filipus Kotokeni while in action dureing the final of the 100 metres race and the Veneta Stadium during the African Union Sport Council (AUSC) Region Five Youth Games in Swakopmund. (Photo by: Hesron Kapanga) NAMPA

SWAKOPMUND, 08 July 2025 - T12 female sprinter, Ndapewa iipinge and guide Filipus Kotokeni while in action dureing the final of the 100 metres race and the Veneta Stadium during the African Union Sport Council (AUSC) Region Five Youth Games in Swakopmund. (Photo by: Hesron Kapanga) NAMPA

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SWAKOPMUND, 09 July 2025 - T12 female sprinter, Ndapewa iipinge and guide Filipus Kotokeni while in action dureing the final of the 100 metres race and the Veneta Stadium during the African Union Sport Council (AUSC) Region Five Youth Games in Swakopmund. (Photo by: Hesron Kapanga) NAMPA

SWAKOPMUND, 09 July 2025 - T12 female sprinter, Ndapewa iipinge and guide Filipus Kotokeni while in action dureing the final of the 100 metres race and the Veneta Stadium during the African Union Sport Council (AUSC) Region Five Youth Games in Swakopmund. (Photo by: Hesron Kapanga) NAMPA

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SWAKOPMUND, 09 July 2025 – One of the Namibian swimmers pictured ahead of a race during the African Union Sports Council (AUSC) Region Five Games, at the Cube swimming centre in Swakopmund. (Photo: Contributed)

SWAKOPMUND, 09 July 2025 – One of the Namibian swimmers pictured ahead of a race during the African Union Sports Council (AUSC) Region Five Games, at the Cube swimming centre in Swakopmund. (Photo: Contributed)

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WINDHOEK, 09 July 2025 - The Indian community in Namibia welcoming India’s Prime Minister, Narendra Modi in Windhoek. (Photo by: Eba Kandovazu) NAMPA

WINDHOEK, 09 July 2025 - The Indian community in Namibia welcoming India’s Prime Minister, Narendra Modi in Windhoek. (Photo by: Eba Kandovazu) NAMPA

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WINDHOEK, 09 July 2025 - The Prime Minister of India, Narendra Modi, arrived in Namibia on Wednesday for a one-day state visit. (Photo by: Eba Kandovazu) NAMPA

WINDHOEK, 09 July 2025 - The Prime Minister of India, Narendra Modi, arrived in Namibia on Wednesday for a one-day state visit. (Photo by: Eba Kandovazu) NAMPA

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WINDHOEK, 09 July 2025 - The Prime Minister of India, Narendra Modi, arrived in Namibia on Wednesday for a one-day state visit. (Photo by: Edward Tenete) NAMPA

WINDHOEK, 09 July 2025 - The Prime Minister of India, Narendra Modi, arrived in Namibia on Wednesday for a one-day state visit. (Photo by: Edward Tenete) NAMPA

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RUNDU, 08 July 2025 - The Chief Executive Officer of the Rundu Town Council, Olavi Nathael. (Photo: Contributed)

RUNDU, 08 July 2025 - The Chief Executive Officer of the Rundu Town Council, Olavi Nathael. (Photo: Contributed)

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