— Donald J. Trump Posts From His Truth Social (@TrumpDailyPosts) May 8, 2025
A Reuters report indicates the agreement will reduce US‑UK duties on steel and autos, easing supply‑chain inflation fears that have dogged risk assets since the tariff shock.
Risk‑on sentiment spilled into crypto, with more than $260 million in short positions liquidated across derivatives venues in the past 24 hours, according to CoinGlass data.