Reported 2 days ago
In the ongoing analysis of President Trump's tariffs, Nobel Laureate Paul Krugman points out a crucial issue: there are no significant deals to be made, as other countries, including the European Union, already have minimal tariffs on U.S. products. He highlights the uncertainty of how this trade war will resolve, with markets reacting differently across stocks, bonds, and currencies. While the stock market seems unfazed, bond and currency markets show concern, indicating a potential loss of faith in the U.S. economy by global investors.
Source: YAHOO