Companies caught out by Trump – asset manager - portfolio institutional

Donald Trump plays with the tariffs. And many companies are confused. A manager of a German supplier describes the bizarre effects.

Companies caught out by Trump – asset manager - portfolio institutional

The “breadth and depth” of President Trump’s plans have caught companies by surprise, a leading asset manager has said. “He had deeper plans than expected,” Fabiana Fedeli said when discussing the import tariffs which wiped $2.5trn (£1.8trn) off the value of US stocks when they were introduced by Donald Trump at the start of April. M&G’s chief investment officer for equities, multi-asset and sustainability was speaking at a briefing which examin…