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The dumbest inflation shock in history
In an editorial published in January, the Wall Street Journal reckoned that the initial tariff announcements from Donald Trump risked triggering "the dumbest trade war in history ". Some tariff increases have already been applied. Others are in the pipeline and the list is getting longer almost by the day on a whole range of grounds. Next week will see unveiled the plan instituting “fair and reciprocal” tariffs, which could more reasonably be termed the unilateral tariff intimidation plan. After two months in office, Donald Trump has managed to stoke serious inflation concerns for households and businesses, with the inflation shock of 2022 still fresh in people's minds.
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Oddo BHF
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Bruno Cavalier
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