Trump, TACO and tariff
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Buying the dip during tariff volatility has paid off for investors, but the TACO trade could ultimately backfire, GMO's Ben Inker said.
President Donald Trump has again delayed a tariff deadline. His back and forth on the policy spurred TACO accusations. What does it mean?
President Donald Trump seems willing to spend “financial markets capital” whenever stocks are up, say strategists at GlobalData, TS Lombard.
THE 20-percent reciprocal tariffs announcement by Washington is a “major shock” for the Philippines, a development that resulted from the collapse of talks between the two trade partners—but there is always a “silver lining,
1don MSN
JP Morgan Chase CEO Jamie Dimon says President Donald Trump has been correct not to let his sweeping tariffs go into effect but warned that Trump’s pattern of backing down after threatening massive tax increases may not continue indefinitely.
After President Donald Trump paused his “Liberation Day” tariffs in April, his trade adviser Peter Navarro promised that the administration would deliver “90 deals in 90 days.” But that deadline came and went Wednesday with the White House 88 trade deals short.
If investors widely bet that Trump will blink, that means there is no market freakout. And no market freakout in turn means no one is holding Trump’s feet to the fire, pressuring him to back away from policies that could damage the economy and corporate profits.
Experts weigh in on whether Trump will carry out his latest threat – and the consensus is that the uncertainty looming over the U.S. economy can’t continue, Rhian Lubin reports
The president was quick to undermine his new threat, which came after he had already delayed the original deadline.
Trump always chickens out -- is widely understood to mean President Donald Trump employs brinksmanship before eventually settling on a more reasonable policy. Volkmar Baur, a currency analyst for Commerzbank,