Trade War

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A ‘Full Trade War’ on the Horizon?

By | 2018-04-11T01:57:12+00:00 March 6th, 2018|Categories: Single Point of View|Tags: |

A full-blown trade war, though unlikely, would be very damaging to equities.  What happened? President Trump announced that he plans to impose a 25% tariff on imported steel and a 10% tariff on imported aluminum.  Why does it matter? A ‘full trade war’ is not something we have seen since the Smoot-Hawley Tariff Act of 1930 [...]