The New World Order of International Trade Shaped by Trump Arrives

Effective August 7

Date:

Photo courtesy

Author: Beatriz Zúñiga

In general terms, the new minimum rate for nations with which the United States maintains a negative trade balance has been set at 15%

A 35% tariff is imposed on Canada and a 50% tariff on Brazil, while Mexico agrees to a 90-day extension to continue negotiations

For the investor, “the challenge is not only to rebalance a portfolio to reflect these changes, but also not to lose sight of diversification”

The markets have been pricing in the trade war for some time now

Allianz GI, Julius Baer, and BlueBay Asset Management share their views