Pres. Trump to appear on Fox News on Sunday morning

President Trump is scheduled to appear on Fox News this Sunday morning, and while the exact agenda remains unclear, tariffs and trade are likely to take the spotlight now that Middle East tensions have cooled—at least for the moment.

Following what the administration has labeled a “one-and-done success” in Iran, attention may now shift back to Trump’s longstanding trade grievances. The question is whether the President will now “drop a bomb” on trade, targeting the EU, Japan, China, India, and Canada—essentially everyone except the UK—for failing to make progress on bilateral deals.

With global headlines recently dominated by the conflict in the Middle East, trade developments have flown under the radar. That could change quickly. Sunday’s appearance may be the platform Trump uses to reignite tariff threats, especially as the July 9 pause window with the EU approaches. The risk is that the rhetoric escalates and markets are reminded that the trade front is far from settled.

This article was written by Greg Michalowski at www.forexlive.com.