UBS On-Air: Paul Donovan Daily Audio 'Three reasons why'
UBS On-Air: Market Moves · Podcast owner
May 26, 20252m 34s
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Show Notes
US President Trump has retreated from their threat to aggressively tax US consumers of European products, delaying the suggested 50% tariff to July. These retreats are so frequent that investors should rationally expect them. So why do markets still react to the initial announcements, as happened last Friday?