Trump, TACO and tariffs
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Tariff Man is back again — and so is Wall Street’s TACO trade. President Donald Trump is once more threatening to lob massive duties on a wide swath of US imports, everything from copper and pharmaceuticals to goods from Japan and Russia.
President Donald Trump didn't like his new nickname 'TACO'. Here's why people are calling Trump TACO and the meaning behind TACO trade.
Professor Justin Wolfers believes investors are naive to assume Trump will backtrack on his latest tariff plans.
The FTSE 100 hit an intra-day high on Thursday morning as a surge in the value of mining shares propelled the blue-chip index towards the 9,000 mark.
The FTSE 100 surpassed its all-time high on Thursday with investors unfazed by the latest barrage of trade threats from President Donald Trump. The UK’s flagship index rallied over one per cent in morning trading to over 8,
President Donald Trump complained to his aides about the lack of progress being made on trade deals as he was debating whether to push back his tariff deadlines yet again, according to a report.The president announced on Monday he was imposing a new wave of 25- to 40-percent tariffs on products from more than a dozen countries—including key trading partners such as Japan and South Korea—unless those countries reach new trade deals with the U.
Trump dubbed it the "Liberation Day," but the crypto market, like the rest of the markets, got trapped in the aftershock. The crypto market cap declined from $2.74 trillion on Apr. 2 to $2.42 trillion on Apr. 8 due to the shock Trump's tariffs caused.
Investors shrug off Trump’s latest tariff threat as nickname sets the investor’s mood - Experts weigh in on whether Trump will carry out his latest threat – and the consensus is that the uncertainty looming over the U.