Global markets on edge as Trump’s “Liberation Day” arrives
President Donald Trump is set to impose so-called reciprocal tariffs and other levies on what he has labeled as “Liberation Day”. Business leaders and policymakers are on tenterhooks over what the president might introduce this afternoon. According to reports as of yesterday, Trump’s team was still debating what the reciprocal tariffs would look like. CNBC Africa is joined by Patrick Mathidi, Head of Multi Asset Strategies at Aluwani Capital for more.
Wed, 02 Apr 2025 15:16:54 GMT
Disclaimer: The following content is generated automatically by a GPT AI and may not be accurate. To verify the details, please watch the video
AI Generated Summary
- Uncertainty and anticipation surrounding Trump's 'Liberation Day' announcement
- Impact of reciprocal tariffs on various sectors and economies
- Market volatility and the need for strategic investments amid trade policy changes
Global markets are on edge as President Donald Trump prepares to announce reciprocal tariffs and other levies on what he has dubbed as 'Liberation Day'. Business leaders and policymakers are anxiously awaiting the details of the announcement as Trump's team continues to debate the specifics of the reciprocal tariffs. Patrick Mathidi, Head of Multi Asset Strategies at Aluwani Capital, shed some light on the preparation surrounding 'Liberation Day'. The anticipation leading up to the announcement has created a wave of uncertainty and trepidation among investors and market participants. The looming decision from President Trump has left many wondering how the global trade landscape will be reshaped by these new measures. In a recent interview with CNBC Africa, Mathidi discussed the impact of Trump's policies on the markets and shared insights into the potential repercussions of the upcoming announcement. As investors worldwide keep a close eye on the developments, the key theme of the discussion revolved around the implications of the reciprocal tariffs on various sectors and economies.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.
