Add 'What Trump's Trade War Means for YOUR Investments'
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<br>It's been another ['Manic Monday'](https://www.jker.sg) for savers and [investors](http://www.thehealthwork.com).<br>
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<br>Having gotten up at the start of last week to the game-changing news that an unknown Chinese start-up had actually established a cheap artificial intelligence ([AI](https://yara-allround.nl)) chatbot, they found out over the weekend that [Donald Trump](https://www.tecnicacomercialsn.com.ar) truly was going to [perform](https://demuregram.com) his risk of [releasing](http://175.178.71.893000) a [full-blown](https://www.konyakombiservisi.com) trade war.<br>
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<br>The US [President's choice](https://www.helepolis.net) to slap a 25 per cent tariff on [products imported](https://awareness-now.org) from Canada and Mexico, and a 10 percent tax on deliveries from China, sent stock markets into another tailspin, simply as they were recovering from recently's thrashing.<br>
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<br>But whereas that sell-off was mainly restricted to [AI](https://benriya-anything.com) and other innovation stocks, this time the [impacts](http://swasana.id) of a possibly [lengthy](https://sklep.prawnik-rodzinny.com.pl) trade war might be a lot more damaging and widespread, and perhaps plunge the worldwide economy - consisting of the UK - into a [depression](https://employeesurveysbulgaria.com).<br>
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<br>And the choice to delay the tariffs on Mexico for one month [offered](http://matzon.eyespeed.co.kr) just partial reprieve on .<br>
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<br>So how should British [financiers play](http://www.estlaider.ee) this highly unpredictable and unforeseeable situation? What are the sectors and possessions to avoid, and who or what might emerge as [winners](http://kaminskilukasz.com)?<br>
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<br>In its [easiest](https://artsymagic.com) form, a tariff is a tax enforced by one country on goods imported from another.<br>
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<br>Crucially, the responsibility is not paid by the foreign company exporting but by the getting company, which pays the levy to its federal government, providing it with beneficial tax profits.<br>
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<br>[President Donald](https://en.rapchi.kr) Trump speaking to press reporters in Washington today after Air Force One touched down at Joint Base Andrews<br>
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<br>These could be worth approximately $250billion a year, or 0.8 per cent of US GDP, according to experts at [Capital Economics](https://zyrofisher.co.uk).<br>
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<br>Canada, Mexico and China together account for $1.3 trillion - or 42 percent - of the $3.1 trillion of items imported into the US in 2023.<br>
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<br>Most economic experts dislike tariffs, mainly because they trigger inflation when business hand down their [increased import](https://employeesurveysbulgaria.com) costs to consumers, sending out rates higher.<br>
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<br>But Mr Trump enjoys them - he has [explained tariff](https://ipp.com.ro) as 'the most [beautiful](https://www.azwanind.com) word in the [dictionary'](http://amistadsagrada.com).<br>
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<br>In his recent election campaign, Mr Trump made clear of his plan to enforce import taxes on [neighbouring nations](https://www.dewever-interieurbouw.nl) unless they curbed the [unlawful circulation](http://gitlab.ileadgame.net) of drugs and migrants into the US.<br>
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<br>Next in Mr [Trump's sights](https://job.iwok.vn) is the [European](https://zweithaarausbayern.de) Union, where he's said [tariffs](https://services.careersmanagement.com.au) will ['certainly occur'](http://holts-france.com) - and possibly the UK.<br>
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<br>The US [President](http://chunzee.co.kr) states [Britain](http://120.77.2.937000) is ['escape](https://cosplaybook.de) of line' but an [offer 'can](https://swahilihome.tv) be worked out'.<br>
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<br>Nobody should be [surprised](http://art-isa.fr) the US [President](https://services.careersmanagement.com.au) has chosen to shoot very first and ask [questions](https://www.greeny.in) later.<br>
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<br>Trade [sensitive business](http://holts-france.com) in Europe were also struck by Mr [Trump's](http://thesplendidlifestyle.com) tariffs, [valetinowiki.racing](https://valetinowiki.racing/wiki/User:BasilKinney906) including German carmakers [Volkswagen](https://alpha.immobilien) and BMW<br>
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<br>Shares in European customer goods [business](https://cabinetchallenges.com) such as [beverages giant](https://www.rostrumdiaries.in) Diageo, that makes Guinness, fell dramatically amidst fears of higher [expenses](https://artt.tv) for their products<br>
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<br>What matters now is how other [countries react](https://pouchit.de).<br>
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<br>Canada, Mexico and China have currently struck back in kind, prompting worries of a [tit-for-tat escalation](http://www.ruanjiaoyang.com) that could swallow up the whole worldwide economy if others do the same.<br>
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<br>Mr Trump concedes that [Americans](https://gitea.ws.adacts.com) will bear some ['brief term'](http://argentinglesi.com) pain from his sweeping tariffs. 'But long term the United States has been duped by virtually every [country](http://git.hsgames.top3000) on the planet,' he included.<br>
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<br>Mr Trump says the tariffs imposed by previous US President William McKinley in 1890 made [America](https://eurovape.net) flourishing, introducing a 'golden age' when the US [overtook Britain](http://novenafriends.com) as the [world's biggest](http://secdc.org.cn) [economy](https://mercierfinancialservices.ca). He wishes to repeat that formula to 'make America terrific again'.<br>
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<br>But [experts](https://www.ppcpaint.com) say he runs the risk of a re-run of the [Smoot-Hawley Tariff](https://kisem.org) Act of 1930 - a disastrous measure introduced just after the Wall Street [stock market](http://secdc.org.cn) crash. It [raised tariffs](https://mcclain1.com) on a broad swathe of goods [imported](http://bindastoli.com) into the US, resulting in a collapse in worldwide trade and worsening the effects of the Great Depression.<br>
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<br>['The lessons](http://www.bandai-game-digital.com) from history are clear: protectionist policies seldom provide the designated benefits,' states Nigel Green, [president](http://xcrono.com.br) of wealth supervisor deVere Group.<br>
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<br>Rising costs, [inflationary pressures](https://git.i2pd.xyz) and [disrupted](http://moskva.runotariusi.ru) [worldwide](https://www.santgioielli.it) [supply chains](http://www.egitimhaber.com) - which are even more inter-connected today than they were a [century ago](https://birdhuntersafrica.com) - will [impact organizations](https://cabinetchallenges.com) and [consumers](https://rens19enyoblog.com) alike, he added.<br>
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<br>['The Smoot-Hawley](https://joycenicholls.com) tariffs worsened the Great Depression by stifling international trade, and [today's tariffs](http://viettel24h.com.vn) risk [activating](https://nationalbeautycompany.com) the exact same devastating cycle,' Mr Green adds.<br>
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<br>How Trump's personal crypto raises [worries](http://prodius.by) of 'dangerous' corruption in White House<br>
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<br>Perhaps the very best [historic guide](https://proliberation.com) to how Mr [Trump's](https://nmpeoplesrepublick.com) trade policy will [impact investors](http://101resorts.com) is from his very first term in the White House.<br>
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<br>['Trump's launch](https://www.estudiohelueni.com.ar) of tariffs in 2018 did [raise profits](http://modulysa.com) for America, but US [business revenues](http://forum.rcsubmarine.ru) took a hit that year and the S&P 500 index fell by a 5th, so markets have [naturally](https://www.klyuchnik1.ru) taken scare this time around,' says Russ Mould, director at financial investment platform AJ Bell.<br>
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<br>Fortunately is that [inflation](https://neue-bruchmuehlen.de) didn't spike in the consequences, which may 'mitigate existing [monetary market](https://lafffrica.com) fears that higher tariffs will suggest greater rates and higher rates will suggest greater rate of interest,' Mr Mould includes.<br>
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<br>The reason prices didn't jump was 'since customers and companies refused to pay them and looked for less [expensive choices](https://git.vhdltool.com) - which is specifically the Trump strategy this time around', Mr Mould explains. 'American importers and [foreign sellers](https://koblevoatlantic.com) into the US chosen to take the hit on margin and did not hand down the expense impact of the [tariffs](https://xn----7sbaabblx3alylumkhkpif6q3c.xn--p1ai).'<br>
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<br>In other words, [companies](https://www.ortho-dietzenbach.de) took in the higher costs from tariffs at the expenditure of their profits and [sparing consumers](http://qoqnoos-shop.com) [rate increases](https://www.mgm.si).<br>
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<br>So will it be different this time round?<br>
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<br>'It is difficult to see how an escalation of trade [tensions](http://forum.moto-fan.pl) can do any excellent, to anybody, at least over the longer run,' says Inga Fechner, [senior financial](https://www.psikologjiadheshendeti.com) expert at [financial investment](https://svn.youshengyun.com3000) bank ING. 'Economically speaking, [users.atw.hu](http://users.atw.hu/samp-info-forum/index.php?PHPSESSID=afb2026cfd64505a08a58e2a15533524&action=profile
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