May 9 The UK trade deal lifts stocks in anticipation of more deals to come

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Author

Mukund Mohan
May 08, 2025

Market

“It is highly unlikely that this trade deal will be the template for other deals since the US has a trade surplus with other countries, but stock move up on the optimism of deals” 😊 😋

This still feels like a trap, so I am not taking long positions yet. But all indices were higher

Announcing the trade deal with the UK, the broad framework includes 10% tariffs on all imports - which were the “floor”. The first 100K cars would be subject to 10% tariffs and anything more would be tariffed at 25%.

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