In A Pickle.
Exhausting deadlines about tariffs are not going away (Warren Buffet described them as “an act of war” last week) and market volatility is an inevitable result.
Despite the next tariff round looming within 24 hours, markets still seemed convinced on Monday morning that they would not in fact be implemented as promised and stocks initially moved higher at the open.
Trump then came out and said there was “no room left” for Canada, Mexico and China to avoid them, and that they were “all set” and would go ahead as planned the following day. He even went on to increase China’s additional levy from…
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