What’s really behind Trump’s ‘dead cat on the table’ approach to trade?
With it hard to catch a breath amidst constant change and the uncertainty surrounding Donald Trump’s on-paused-and-off-again-tariffs I want to take step back to consider the bigger picture.
For many, 2025 in the financial markets has so far been defined by Donald Trump’s economic policies. Now, however, may be the time to start thinking of his tariff strategy as being focused on deliberation rather than liberation. The recently deferred 50% tariffs placed on the EU could serve as a helpful case study to understand the use of tariffs to get people to the negotiating table.