On September 21, 1931, the British government suspended the gold standard, leading to a devaluation of the pound and sharp international currency and financial turbulence.
Britain's departure from gold deepened the global economic crisis of the Great Depression, destabilized international finance, and intensified pressures on U.S. markets and Hoover administration policy aimed at debt stabilization and economic recovery.
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The European Parliament approved a trade deal aimed at reducing tariffs between the U.S. and Europe.
Trump issued a warning of potential tariffs on French wine in response to a digital services tax.
Trump threatens to impose 100% tariffs on French wine in response to a digital services tax.
Trump threatened to impose 100% tariffs on French wine in response to a tech tax.