UBS On-Air: Paul Donovan Daily Audio 'Delays and retreats'
UBS On-Air: Market Moves · Podcast owner
July 7, 20252m 45s
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Show Notes
The additional taxes US President Trump intended to impose on US consumers from Wednesday will now be delayed until 1 August. That means that, allowing for some stockpiling ahead of Christmas, consumers may not experience the inflation spike from these taxes until January next year—assuming that Trump does not retreat again.