It is Tuesday morning and Donald Trump has financial markets in a spin.
The US president has just paused plans to whack 25 per cent tariffs on most imports from neighbouring Mexico and Canada, barely one day after imposing them. The market is whipsawing – down, up, down again – as traders guess what it means for economic growth, inflation and global trade. It’s chaotic.
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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
