Home › CGTN       21.07.2026

Andy Burnham's tax and spending dilemma

Justin Urquhart-Stewart, investment manager and business commentator, spoke to CGTN Europe about how investors are navigating economic uncertainty driven by US President Donald Trump's pressure on the Federal Reserve, his tariff policies and wider geopolitical risks. Urquhart-Stewart warned that short-term political moves could damage business confidence, investment and global trade, while stressing that China and the US remain deeply interdependent. He also discussed reports of a possible Shell-BP merger, the rise in demand for gold as a safe-haven asset, and why investors may be moving away from riskier options such as Bitcoin.

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