English>

Market News

Sterling steady as Trump threatens EU with tariffs - REUTERS

FEBRUARY 27, 2025

By 


LONDON, Feb 27(Reuters) - The British pound was little changed against the dollar on Thursday, trading just below a more than two-month high hit the previous day, as U.S. President Donald Trump's tariff threats turn towards the European Union.

Sterling was last at $1.2674 against the dollar, little changed on the day, having risen to $1.2717 on Wednesday, its highest level since December 18.
Late on Wednesday, Trump floated the idea of a 25% tariff rate on goods from the European Union, saying he would be announcing it "very soon".

SEE HOW MUCH YOU GET IF YOU SELL

NGN
This website uses cookies We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners who may combine it with other information that you've provided to them or that they've collected from your use of their services
Real Time Analytics