Trump’s Trade ‘Deals’ Make Little Sense
10 Articles
10 Articles
Trump’s Trade ‘Deals’ Make Little Sense
Paul Krugman: “Trump has now announced a trade ‘deal’ with the European Union that looks a lot like the ‘deal’ he made with Japan. I use scare quotes because there is little sign of a quid pro quo. The United States is imposing a 15 percent tariff that is lower than previously threatened, but still vastly higher than we had before Trump. Overall U.S. tariffs seem likely to settle roughly at the level that prevailed after the infamous Smoot-Hawle…
Donald Trump celebrates the new trade agreement with the EU as "the greatest of all times" – but it remains remarkably silent on the markets. While the US President continues to drive his trading agenda, the stock markets hardly respond to his deals. A sign that investors are increasingly denying the once-market-moving agreements – even if they [...] The post trade deals: Trump cheers, markets hardly twitch. Why? appeared first on financial mark…
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