Trump announces historic import tariffs - New tariffs of up to 54% on goods from China, Vietnam and Japan, among others, are causing market panic.

Stock markets fall, gold rises - Uncertainty increases as trade conflict escalates.

US economy shows strength, but signs of cooling - Consumer confidence drops to lowest point in years.

Inflation remains stubborn - Inflation remains above 3% in the Netherlands, while interest rate cuts in Europe are in doubt.

- Stock markets rise despite trade war: Equity markets react surprisingly positively to reports that Trump wants to target his import tariffs more effectively

- US consumer confidence falls: US consumers are increasingly worried about rising prices and economic prospects.

- Cautious rapprochement in Ukraine conflict: Russia, Ukraine and the US reach a tentative agreement on a possible ceasefire.

- Germany invests, Netherlands remains frugal: German companies are more optimistic thanks to

Inflation remains stubborn - US inflation came in lower than expected (2.8%), but remains above the Fed target. Interest rate cuts remain uncertain.

Trump continues trade war - New import tariffs threaten to push up inflation further and put pressure on economic growth.

Uncertainty in markets - Investors remain nervous due to geopolitical tensions, sluggish economic growth and unclear Trump policies.

Gold falls in euros, stable in dollars - The strong euro is depressing gold prices in Europe, while gold in dollars remains close to its peak.