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The dearth of U.S. trade deals to date has fed the narrative that “Trump Always Chickens Out,” the so-called TACO trade, that ...
If markets continue to reward this behaviour, expecting it to be dialled down at the eleventh hour, they may soon find themselves with fewer places to hide. Volatility will return. Pricing models will ...
The president wants tariffs, the higher the better. Whether that is achieved unilaterally or via deals is secondary.
Ultimately, the TACO trade may be coming to a close and will be a fun meme for us to remember. This time, I think tariffs ...
Some market analysts warn that investors might be downplaying how serious President Donald Trump is about his latest tariff warnings.
A few abstruse animal stories underpin the Taco trade, starting with a famous cat in a box. Read more at straitstimes.com.
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President Trump’s approach to setting tariff rates is causing anxiety in the business community, with the trickling flow of letters to trad​e partners exacerbating concerns over hits to the ...
The FT also added a key piece of information that may surprise many Trump critics, noting that American consumers are not shouldering the tariff burden alone ...
Goldman Sachs's trading revenue for the second quarter was worth $4.3 billion, $600 million higher than expectations.
Inflation rose in June while wages went down, driving down buying power for consumers across the economy, federal data show.
Higher-than-expected U.K. inflation won't deter the BOE from loosening interest rates in August, but it could make policymakers more cautious about the pace of rate cuts ahead, according to the ...