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President-elect Donald Trump scored a major victory last week on a protectionist economic platform, imposing 60% tariffs on all imports from China and up to 20% on goods from other countries. He made it clear that he would impose it.
Various economists have warned that the economic direction of travel under President Trump could endanger global prosperity and worsen inflation. But his victory excited Wall Street, and stocks rose on the back of the so-called “Trump trade.” Bond investors reacted more cautiously.
Since then, governments and world leaders have scrambled to court the Republican Party to avoid the sharp consequences of President Trump’s trade policies. Many analysts have interpreted Vice President Kamala Harris’ defeat as a total rejection of Bidennomics, leaving policymakers wondering what will happen next for the global economy and financial markets under the next U.S. president. are.
The FT’s Alan Beattie, writer of the Trade Secrets newsletter and column, joins US financial editor Brooke Masters and EU correspondent Andy Bounds to discuss how the Trump administration will disrupt global trade and financial markets. We’ll answer your questions live about how to transform.
To participate, leave your question in the online comments below this story. You can also upvote comments that you would like an expert to address. We’ll respond to readers in the comments section on Thursday, November 14th at 3pm GMT/10am ET. To be notified when a Q&A is published, add the event to your calendar here.
