The media is full of reports and articles analysing the Donald Trump administration as it completed 100 days in office. The levels of volatility and daily market-moving posts on social media have been unprecedented. Mr Trump has signed the highest number of executive orders in the first 100 days of any US administration in history. If one were to take a step back and look at the first 100 days of Trump 2.0, some broad trends become clear.
The biggest theme has undoubtedly been the unveiling of new thinking towards trade and tariffs. We have moved to the highest tariffs
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