Tag: market reaction
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FTSE 100 Rises as Budget Cuts Dividend Tax Hits Markets
FTSE 100 climbs on Budget optimism, but dividend tax concerns linger The FTSE 100 edged higher today, gaining about 82 points to 9,691 as investors weighed a Budget that promised relief in dividend taxation while also highlighting new levies on wealthier households, mansions, and certain gambling activities. The session reflected a nuanced market reaction: relief…
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US Plans 100% Tariff on Chinese Imports, Trump Says
Trump Announces 100% Tariff on Chinese Imports and Export Controls President Donald Trump asserted on Truth Social that the United States will implement a sweeping 100% tariff on imports from China, effective November 1, 2025, with potential adjustments if Beijing reacts further. The surprise post also pledged export controls on all critical US-made software, adding…