Donald Trump, tariffs and global markets
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The latest US tariff extension went by without any major global market reaction as Trump pushed the deadline to 1 August
Many countries thought they were negotiating in good faith. The White House renewed its “reciprocal” tariff plan anyway, giving countries until Aug. 1 to make offers.
1don MSN
In his new round of tariffs being announced this week, Trump is essentially tethering the entire world economy to his instinctual belief that import taxes will deliver factory jobs and stronger growth in the U.S., rather than the inflation and slowdown predicted by many economists.
US stocks have rocketed back to all-time highs. The unemployment rate remains historically low. And the inflation rate is lower than when President Donald Trump took office.
UK Bonds Drop in Global Selloff, Pound Sinks
The fragility of American Exceptionalism is just one lesson from financial markets in response to Trump’s Liberation Day tariffs.
When President Donald Trump's 90-day pause on U.S. tariffs ends Wednesday, once-bitten-twice-shy bond investors could take on more risk by adding high-yield bonds to portfolios, rather than panic-sell credit as seen after April 2's 'Liberation Day' tariff announcement,
U.S. President Donald Trump has launched a global trade war with an array of tariffs that target individual products and countries. Trump has set a baseline tariff of 10% on all imports to the United States,