Friday Briefing: Beyond the first 100 days

Tariffs, cuts, and more tariffs

This week, news coverage has centred around the fact that we (and by ‘we’ I mean the US, but anything that happens across the pond does impact most people anyway) have reached a political milestone: 100 days of Donald Trump in the White House, 2.0.

Of course, there have been several look-backs to what has defined the 47th US president's first few months, from tariffs to federal job cuts; X and Tesla boss Elon Musk's political foray; more tariffs; the Supreme and federal courts blocking a lot of measures passed by the Trump administration; more tariffs; attempts to reach a peace deal between Russia and Ukraine and, you guessed it, more tariffs. Investment Week editor Eve Maddock-Jones has even put together a piece looking back at these 100 days from a data point of view, analysing movements in the S&P 500, US 10-Year Treasuries, rec...