How potential tariffs will impact consumers remains a debated topic among investors, as president-elect Donald Trump declares major trade policies upon his return to White House.
On Monday (26 November), Trump threatened in two posts via his social media platform Truth Social to impose a 25% tariff on all products coming from Mexico and Canada into the US, and an additional 10% tariff above any current tariffs on Chinese products entering the US. US election triggers $49bn in equity inflows while UK Budget barely moves retail market Tariffs were a major theme of Trump's presidential campaign and his restrictions on Chinese goods were a defining characteristic of his first term in office. Tom Stevenson, investment director at Fidelity International, said Tru...
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