- President Trump may have eroded trust between America and its trading partners following his tariff rollback, warns UBS, while the threat of such policies still casts a shadow over markets. The fundamentals of the economy look good, adds professor Jeremy Siegel, and the Oval Office needs to be mindful not to let voters down on pledges of stable prices.
President Trump has shown his hand when it comes to tariff policy: It's a threat he's willing to make and rescind—as long as he gets part of what he wants.
