Barclays & HSBC: Shares Rise on Trump Ruling
barclays and HSBC shares surged thursday after a U.S. court invalidated former President Trump’s tariffs, marking a pivotal moment for the global financial markets. The primary_keyword “banking stocks” experienced significant gains, wiht Barclays and HSBC shares each climbing over 1%, while Standard Chartered also saw a boost. The court’s decision, declaring the tariffs “invalid,” directly impacts the financial sector and global trade dynamics. These FTSE 100 giants, with their considerable international exposure, have previously weathered losses due to these tariff policies. This ruling will likely complicate Trump’s trade agenda.Understandably, analysts are watching how this affects secondary_keyword “global commerce”. News Directory 3 is on top of the story. Discover what’s next for these banks and the broader market.
Updated May 29, 2025
Shares of Barclays and HSBC, two major FTSE 100 banking institutions, saw gains Thursday after a U.S. court challenged President Donald Trump’s tariff policies. The U.S. Court of International Trade declared Trump’s sweeping tariffs “invalid.”
Barclays shares rose more than 1% to 328.05p,while HSBC also climbed over 1%,reaching 874.50p. Standard Chartered experienced a nearly 2% increase, hitting 1,158.00p.
The ruling responded to cases brought by U.S. businesses and states, finding that Trump’s levies exceeded presidential authority to regulate imports via tariffs. The judgment is expected to complicate Trump’s trade agenda and his ability to disrupt global commerce.
The FTSE 100 initially rose 18 points upon the news but then traded broadly flat.
Tariffs Impacted banking Stocks
HSBC, Barclays, and Standard Chartered have important exposure to the global geopolitical climate. They previously suffered losses due to Trump’s tariffs.
HSBC, with origins in Hong Kong and Shanghai, is a major international bank in Asia. Standard Chartered focuses on emerging markets in Asia, Africa, and the Middle East. barclays is sensitive to geopolitical movements as of its investment banking operations.
Following Trump’s tariff announcements, Standard Chartered was the FTSE 100’s biggest faller, dropping over 7%. HSBC decreased by over 5%, and Barclays fell by more than 4%.
While Trump’s partial retreat from his trade policies aided London markets, his continued actions concerning Asian regions continued to negatively affect the banks’ stocks.
Standard Chartered still trades below its year-high of 1,269p, and HSBC has fallen from its all-time high of 942.50p reached in March. However, barclays has surpassed its pre-tariff high of 309.25p, with shares up over 24% in the last six months.
What’s next
The financial sector will closely monitor how governments and businesses adapt to the altered trade landscape following the court’s decision, with potential for further market adjustments.