The Opening Salvo In Trump Trade War Two
Source: SeekingAlpha
2025-02-07 01:10:00 ET
Summary
- Markets were recently rattled by three executive orders announcing tariff increases on Mexico, Canada, and China, marking an opening salvo of President Donald Trump’s trade war.
- Markets initially tumbled in response to President Trump’s tariff announcement amid broad risk-off sentiment.
- Assuming all the announced tariffs eventually go ahead, our initial estimates (which do not take retaliation, offsetting currency impacts, or concessions into consideration) suggest a greater economic impact than in 2018.
By Christian Floro, CFA, CMT, Market Strategist and Seema Shah, Chief Global Strategist ...
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The Opening Salvo In Trump Trade War Two
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