The White House continues to say they won’t negotiate but people are calling.
- Taiwan reached out overnight on tariffs
- Hassett also said he is doubling down on something that he knows works (tariffs)
- Trump will decide of trade deals are great enough
- The idea that there will be a nuclear winter is completely irresponsible rhetoric
- It’s time to ease off the rhetoric a bit
- There are some great deals countries are bringing on tariffs
Can we put the genie back in the bottle?
I like what he is saying here around dealmaking but if we take tariffs down to 10% across the board, I don’t know if that leads to a lasting improvement in risk assets.
This article was written by Adam Button at www.forexlive.com.