Trump, tariffs, tech, and the rest of the world
Here we go again! What do we have to look forward to this year? Well, Trump, tariffs, and tech, for starters.
Trump and Tariffs
Only recently stepping back into the White House for his second term, after a brief hiatus, Trump’ s presidency has certainly started with a bang. Legislative changes being signed in on day one, troops being deployed, tariffs, and tweets being deployed too … Turns out Trump really means business as many people, industries, and countries are getting to grips with the changes that have been made so rapidly. Even the President of Columbia found out-“ FAFO” tweet anybody?
This has made for interesting reality television, and it seems set to continue. For the market, it is a widely held view that Trump is going to be reflationary for the U. S. – the real question is“ How reflationary will he be?” Between deportations pushing up prices in hospitality, tariffs pushing up prices of goods for consumers( it always does), and the utopian ideal of reshoring all manufacturing, it’ s very likely that the numbers will trickle through before we know it.
Fabian Weisner, Head of Distribution Partnerships, Simplybiz
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