Uncertainty in US trade policy causing disruption, weighing on markets, sentiment, and economic outlook.
From Investing.com: 2025-04-08 08:07:00
The uncertainty surrounding US trade policy is causing disruption and weighing on markets, investor sentiment, and economic outlook. Trump rejects offers from Vietnam and the EU for zero tariffs, citing concerns about nontariff cheating and unfair trade practices. Conflicting explanations for tariffs add to the confusion, with some Republicans urging the administration to accept EU’s zero-for-zero tariff offer. Treasury Secretary Bessent claims Trump has created leverage, with over 50 countries seeking to negotiate trade barriers. Recession fears are growing, with BlackRock CEO suggesting a downturn has begun. Elon Musk criticizes trade adviser Navarro, highlighting disunity within the administration. The need for a clear, unified plan on tariff policy is crucial for restoring confidence in the economy.
Read more at Investing.com: Uncertainty Clouds Outlook For Trump’s Tariff Goals