Bitcoin Exceeds the $122,000 Mark – EU Discusses Response to new Trump Tariffs – Trump Shows Willingness to Negotiate – Trump Threatens With 200% Tariff on Pharma – Alphabet Acquires Windsurf AI for $2.4 Billion

On Friday, July 11, 2025, all three major US indices – Dow Jones, S&P 500, and Nasdaq – fell after reaching new all-time highs the day before. The Dow dropped by 0.6% to close at 44,371.51, the S&P 500 decreased by 0.3% to 6,259.75, and the Nasdaq fell by 0.2% to 20,585.53. The main driver behind the losses was renewed trade concerns. President Trump threatened a 35% tariff on Canadian imports starting from August 1 – in addition to possible tariffs on Japan and Brazil. Europe is also expected to face a 30% tariff. This escalation...