Market Indicators
- JSE All Share (ALSI) 88,637.45
- Rand/Euro R 20.40
- Rand/Pound R 23.82
- Rand/US Dollar R 18.87
- Rand/Aus Dollar R 12.31
U.S. Trumping the Tariffs
On April 2nd 2025, President Donald Trump declared “Liberation Day”, unveiling a comprehensive tariff strategy that would apply to more than 100 trade partners aimed at addressing perceived trade imbalances. The immediate aftermath saw significant turmoil in global financial markets. In this article, we delve into the rationale behind President Trump’s tariff strategy, examine its immediate impacts on global markets, and explore the potential long-term consequences for the U.S. and the global economy.
