1. EU announces 4-part strategy to respond to the US
The European Union has just announced a comprehensive plan to respond to US tariff policies, including:
- Imposing retaliatory tariffs;
- File a lawsuit with the WTO;
- Diversify supply chain;
- Support strategic businesses to overcome difficulties.
Experts say escalating EU-US trade tensions will put pressure on the USD and the US bond market.
Global financial and political news on July 22, 2025
2. US newspapers restricted access to Trump after post about Epstein
After former President Donald Trump published an article accusing the US government of hiding documents related to billionaire Epstein, major news agencies were restricted from accessing his events. The incident caused a wave of public demands for the full disclosure of Epstein's case files.
3. The US declassifies the assassination records of Martin Luther King Jr.
For the first time in decades, records relating to the assassination of the famous civil rights activist MLK have been made public. This is a shocking step, attracting special attention from the media and historians.
4. Israel rejects call from 25 countries on Gaza
Despite more than 25 countries calling for a ceasefire in Gaza, the Israeli government has firmly rejected the joint statement. Tel Aviv accuses Hamas of sabotaging the negotiation efforts and causing a serious humanitarian crisis.
5. Financial markets fluctuate strongly
- World gold prices skyrocketed above $3,400/ounce due to concerns about the US-EU trade war and expectations that the US Federal Reserve (Fed) will cut interest rates.
- US stocks continue to hit new highs as investors await earnings reports from major technology companies.
- Fed Chairman Jerome Powell could face criminal investigation – adding to market turmoil.
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