Trump’s tariffs trigger frantic currency trading
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Trump’s tariffs trigger frantic currency trading
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About this listen
Without question, the only real talking point on investors' lips at present is the protectionist utterings emanating from the recently anointed Trump administration. Risk currencies sold-off sharply after Trump unveiled savage tariffs aimed at Canada, Mexico and China over the weekend, although these moves have since reversed after a number of the trade restrictions were delayed at the eleventh hour.
But, what do our analysts make of the headlines? Is Trump serious? Or are these tariff threats merely a negotiating ploy? And how could markets react to the imposition of trade restrictions on the European Union?
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