A year into the second Trump administration, the talk of the market has been tariffs, tariffs, and more tariffs. Threats to increase the tariffs on Canada and Mexico, new tariffs on Europe and Asia, and even worldwide ‘reciprocal’ tariffs have sent markets into a tailspin multiple times.
This year kicked off with a new batch of European tariff threats over Denmark’s rebuke of the offer to purchase Greenland, and as of late January, South Korea faces 25% tariffs for not approving the 15% tariffs put in place by last year’s trade deal. Everyone caught up now?
