What the ‘TACO Trade’ Is Missing About What Trump Is Serving Up
11 Articles
11 Articles
Wall Street closed with a slight rise this Monday, as investors avoided significant movements following US President Donald Trump’s latest tariff threats and contained before an intense week of economic data and the start of the performance season. Trump intensified trade tensions over the weekend, promising to impose a 30% tariff on most imports from the EU and Mexico as of August 1, leaving pressing time for last-minute agreements. The EU exte…
Although the US-EU tariff dispute is by no means satisfied, Trump's 30-percent tariff threats initially leave US investors cold. Analysts assume an acclimatisation effect. At the start of the balance sheet season, the market anticipates an accelerated price boost.
The new announcements of the US President on Saturday on surcharges targeting Europe and Mexico do not provoke a massive market reaction, as was the case in the past. At least, while waiting to see if it will go to action, on its deadline of 1 August.
They fell only slightly after the announcement of the 30 % tariffs for the EU, but on 1 August they could have more effect.
Paris, France. Financial markets seem to have become accustomed, for some time, to Donald Trump’s many contradictory tariff announcements, and today the panic reaction caused by the protectionist offensive of the “Liberation Day” at the beginning of April seems to have been behind us. The question is how long will it be?While the US president announced Saturday the imposition of 30% tariffs on products imported from Mexico and the European Union…
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- 43% of the sources are Center, 43% of the sources lean Right
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