HALO.
Upon further review, a recalibrating, not retreating, Trump decided at the weekend that his 10% supplemental temper tantrum tariff on the whole of planet Earth under Section 122 of the Trade Act of 1974 was somehow not enough and he raised it to 15% and also vowed to use the manipulation of trade licenses to “do terrible things” to countries around the world, following the Supreme Court verdict that his signature IEEPA tariffs were illegal.
After quiet holiday-impacted sessions in Asia and Europe, US markets spent a winter storm-blitzed Monday trying to figure out the balance between the…
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