UBS On-Air: Paul Donovan Daily Audio 'Budget battles'
UBS On-Air: Market Moves · Podcast owner
June 30, 20252m 32s
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Show Notes
Over the past few days, Canada and the US stopped talking about trade, and started talking about trade again. Unusually, this was not a unilateral retreat by the US—Canada surrendered its digital services tax. Markets, quite rightly, are ignoring all of this. US President Trump cut taxes on US consumers of UK cars—from today the tax goes to 10%.