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UBS On-Air: Market Moves

UBS On-Air: Paul Donovan Daily Audio 'More uncertainty in an uncertain world'

30 May 2025

Description

There is yet more uncertainty in the US economy. US President Trump appealed the ruling that their trade taxes were illegal. While this is decided, the taxes stay. There are thus three layers of uncertainty. Will the taxes survive? If they are illegal, will US companies and consumers get refunds? And are trade taxes today actually being collected? There is also uncertainty around how US companies will react to this uncertainty, especially with pricing.

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