This Trump Shock Is A Reverse Nixon

The world is horrified! The new tariffs that Donald Trump has now announced are crazier than feared. Reactions and effects in the news blog.

This Trump Shock Is A Reverse Nixon

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

This Trump Shock Is A Reverse Nixon - Nemos News Network

By Michael Every of Rabobank Hoot Small-ly and Reverse Nixon Again In line with the Churchillian tone I had struck, yesterday’s US tariffs were historic and suggest a world-wide battle. It remains to be seen in what form, with what outcome, but global bifurcation is again on the cards. The US raised its weighted-average tariff […]

Will the Trump Shock prove as momentous as the Nixon Shock? UNHERD op-ed & on BBC tv - Yanis Varoufakis

“My philosophy, Mr President, is that all foreigners are out to screw us and it’s our job to screw them first.” With these words, the US Treasury Secretary convinced the President to deliver a colossal shock to the global economy. In the words of one of the President’s men, the objective was to trigger “a controlled disintegration of the world economy”. No, those words were not spoken by members of President Trump’s team in advance of their “Lib…

Because of Trump's tariff announcement, the stock exchanges in Asia are down, and the US is rumbling after the close of the stock exchange. The Dax is losing its trade start. An asset is risingUS President Trump had declared Wednesday as his "Liberation Day" weeks ago – the "Day of Liberation", on which the US "finally opposes the unfair trading practices of other countries." Fortunately, however, Trump said in the Roosevelt Garden of the White …

The Dax made its way south again on the "Liberation Day". Prior to Donald Trump's announcement of the reciprocal tariffs, the German lead index dropped to 22,139 points and thus closed the price gap on Monday. He ended the trading day with a moderate loss of 149 points (0.66%) at 22,390 meters. In [...] The post Dax crashes after Trump tariffs – stock markets under pressure appeared first on financial marketwelt.de.