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President Trump kicked off the month of March by announcing import tariffs of 10% on aluminum and 25% on steel. Trade policy, including ongoing NAFTA negotiations, is one of the key risks highlighted in our 2018 Outlook. The U.S. financial markets, as expected, reacted negatively to the initial announcement with the Dow Jones Index falling over 400 points and major aluminum and steel users such as Ford and GM being particularly hard hit.
Trump tariff announcement met with strong opposition around the world
The final policy may allow for a political win with the ability to mitigate negative economic impact
The EU response to the tariffs and future case at the WTO remain uncertain
Going forward, the intellectual property infringement case against China is a potential flashpoint
Download and read the Current Market News to know more.
Download Current Market News - Trump & TariffsPDF (549.3 KB - PDF)
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