Wall Street, Trump and tariffs
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Los bancos de Wall Street refuerzan sus pronósticos de que el dólar se debilitará aún más, afectado por recortes de las tasas de interés, la desaceleración del crecimiento económico y las políticas comerciales y fiscales del presidente Donald Trump.
The so-called TACO trade will be tested as markets wait to see if Trump will actually follow through with his latest threat or if he will put it on hold soon.
U.S. stocks are drifting, as momentum slows following their sprint through May, which was their best month since 2023.
Ongoing US-China trade tensions and volatile policy shifts have left investors caught between betting on tariff deescalations and bracing for increased uncertainty.
Wall Street's main indexes were on track for a lower open on Monday after President Donald Trump revealed plans to double tariffs on imported steel and aluminum, fueling more uncertainty around U.S. trade policies.
White House officials maintain bankers’ concerns are overstated and discount expected revenues from the president’s tariffs.
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