UBS On-Air: Market Moves
UBS On-Air: Paul Donovan Daily Audio 'US President Trump’s confusion'
27 Feb 2025
Description
US President Trump confused investors by appearing to delay taxing US consumers of Mexican and Canadian goods. The White House then “clarified” that the tax delay was not decided. Such taxes would be very visible to US consumers, at a time when Trump’s approval ratings on the economy and inflation have fallen, making repeated retreats likely.
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