Trump’s G7 Fallout & Trade Turmoil Shake Global Markets

🗓️ Date: June 17, 2025
✍️ By: Banglarkhota Business Desk

🔥 Political Exit, Economic Shock

Former U.S. President Donald Trump’s abrupt and controversial exit from the G7 summit has triggered ripples across global markets, raising concerns over international trade stability and U.S. diplomatic reliability.

Trump reportedly departed the summit early after disagreements over trade tariffs, climate talks, and foreign aid commitments. His departure, described by several diplomats as “undiplomatic and aggressive,” reignited fears of a renewed U.S.–EU trade clash.

“Trump’s return to hardline rhetoric has left allies uncertain and markets unstable,” said a Brussels-based economist.

📉 Market Reaction

The fallout hit hard:

• S&P 500 and Nasdaq Futures dipped sharply in premarket trading

• Crude oil prices surged over 2%, as Middle East tensions intersect with global economic jitters

• Gold prices climbed as investors fled to safe havens

• Currency markets saw a strengthening of the Swiss Franc and Japanese Yen

⚠️ Key Tensions Raised:

• Trump’s remarks on reinstating tariffs on European steel and auto imports

• His sharp criticism of NATO’s current spending structure

• A rumored "America First 2.0" economic doctrine in the works

📊 What Traders Are Watching: