Trade uncertainty soars 846% to all-time highs due to Trump flip-flopping on tariffs
It has become impossible to believe Trump on what he says as he repeatedly goes back on what he says
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Trade uncertainty has significantly increased, reaching a new record high as indicated by the Global Trade Policy Uncertainty Index. This rise is attributed to factors like President Donald Trump's administration's aggressive trade policy agenda, especially the potential for new tariffs on major trading partners. The uncertainty is impacting global economic activity, as businesses are hesitant to invest and hire due to the unpredictable nature of trade policies.
It has become impossible to believe Trump on what he says as he repeatedly goes back on what he says
AI Overview
Learn more
Trade uncertainty has significantly increased, reaching a new record high as indicated by the Global Trade Policy Uncertainty Index. This rise is attributed to factors like President Donald Trump's administration's aggressive trade policy agenda, especially the potential for new tariffs on major trading partners. The uncertainty is impacting global economic activity, as businesses are hesitant to invest and hire due to the unpredictable nature of trade policies.
- Impact on Global Economy:
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The increased uncertainty is having a negative impact on the global economy, as businesses become more hesitant to invest, hire, and make long-term plans. This is because businesses are unsure about the future direction of trade policies and how they might affect their operations and profitability.
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