Even with
increased tariff talk and even rockier trading, the markets rebounded strongly Monday.
Not exact matches
President Donald Trump
increased pressure on Canada and Mexico over trade on Monday, saying the two could avoid being caught in his planned hefty
tariffs on steel and aluminum if they ceded ground in
talks on a new NAFTA trade deal.
As
talk about the economy has largely focused on tax cuts, the U.S. budget deficit and the potential for trade
tariffs, one of the biggest things investors and the general public seem to be missing is the
increased spending soon to be pumped into the U.S. economy by the government.
Talk about a green light situation, leading up to last Friday's release of the February employment data, the investing landscape had three forces acting as potential headwinds to an otherwise secular bullish trend —
increasing interest rates, rising inflation and global trade
tariffs.
Switching to less preferential World Trade Organisation rules — the stopgap arrangement Brexit campaigners suggest would be in place while
talks on new trade deals get under way — could jeopardise more than a third of that trade, or # 250bn, as
tariffs on British exports
increased, the campaign claimed.