OBAMA'S REBUKE: Former President Barack Obama’s office issued a rebuke of Trump yesterday over his accusation that his predecessor committed “treason” and rigged the 2016 and 2020 presidential elections.

Up next could be pacts with India and the European Union, the 27-nation bloc that trades more with the U.S. than anyone else.

The world’s investors are enjoying a confidence boost after months of uncertainty as President Donald Trump finally starts signing trade deals.Global stocks extended a record, risk-sensitive currencies strengthened and bonds fell after a trade agreement with Japan contained lower tariffs than Trump had threatened earlier this month.

While recession odds have been dialed back in recent weeks, economists surveyed by The Wall Street Journal still see 33% odds of one coming within a year, compared with 22% at the start of 2025. Meanwhile, earnings estimates for the S&P 500 compiled by research group FactSet are 3% lower since then, the Journal said.

President Donald Trump is expected to travel to Scotland in his 27th week back in the Oval Office, as well as continue ironing out trade deals ahead of the Aug 1 deadline.

President Trump announced deals with Japan, Philippines and Indonesia, but many other countries have yet to clinch agreements.

At the conclusion of his first 100 days in office in late April, President Donald Trump made a stunning statement about his progress on tariff negotiations: He had completed trade deals with 200 countries.

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