UBS On-Air: Paul Donovan Daily Audio 'Tax and retreat'
UBS On-Air: Market Moves · Podcast owner
March 7, 20252m 6s
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Show Notes
Having imposed aggressive taxes on US consumers at the start of the week, US President Trump partially retreated from taxing Mexican and Canadian imports yesterday (assuming goods are compliant with the revised NAFTA). The taxes are delayed until 2 April, but markets will likely price in more retreats.