Trading partners from the European Union to Canada and Mexico have vowed to respond with retaliatory tariffs and other countermeasures, even as some have sought to negotiate with the White House https://reut.rs/43Ca3TA
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Global investors are close to getting some clarity on the Trump administration's tariff plans, but with little detail on what to expect, financial markets remain on edge https://reut.rs/3XGnaiE
Trump used tariffs in his first term, but since regaining the White House in January he has pushed their use more aggressively than any other president in modern history. But what typically happens when tariffs are applied? https://reut.rs/42s72UD
This is a fantastic opportunity for all nations to search out new trading partners and to strengthen existing agreements. The US is no longer a reliable and stable partner. We should collectively look at removing US military bases as well
'Our industry really prospers with certainty and cadence and stability. And that's what's been missing in the last four years.' Swamy Kotagiri, the CEO of auto supplier Magna reflects on how he is trying to 'control the uncontrollable' https://reut.rs/4iUnnr8
I don’t understand the last 4 yrs comment: “Our industry really prospers with certainty and cadence and stability. And that's what's been missing in the last four years."
If he thought there was a lack of stability for the last 4 years - under Biden, he's in for a shock under trump. And if he was expecting stability from trump it will be a very well deserved shock for being so stupid. How does anyone that naive become a CEO?
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