Asian stocks decline after President Trump says he will hike tariffs on steel and aluminum to 50 percent, while Beijing accuses Washington of breaking their trade truce; Oil rallies on geopolitical risks, even as OPEC+ hikes output for a third month running. Goldman Sachs now expects another production increase in August; and Ukraine strikes military targets deep inside Russia.. while Moscow stages one of its longest attacks against Kyiv.. all ahead of crucial peace talks due to resume today. Guests on the show include: Khaled Hobballah, JPMorgan, Senior Country Officer MENA and Head of Global Markets MENA & Turkey; and Güliz Öztürk, Pegasus Airlines CEO.
Chapters:
00:00:01 – Introduction
00:02:42 – Trump says he’ll hike steel and aluminum tariffs to 50%
00:06:04 – Khaled Hobballah, JPMorgan Senior Country Officer MENA and Head of Global Markets MENA & Turkey
00:17:30 – US deems Hamas response to truce proposal ‘unacceptable’
00:25:12 – Ukraine carries out strikes deep into Russia
00:29:18 – Japan tells its companies to grow their businesses in Africa
00:34:08 – Güliz Öztürk, Pegasus Airlines CEO
00:42:33 – Polish nationalist Karol Nawrocki wins presidential election
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