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Trump tariffs have left toymakers stunned, scrambling and warning of higher prices.
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So, before we get into the assessment, I would just like to highlight what really happened. So, there was a premium arbitrage between COMEX and London, wherein market participants sold the COMEX futures and bought the London physical and to mature the COMEX future part, the London physical stocks were brought into the COMEX inventories.
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News and Media
US President Donald Trump has announced significant tariffs on Canada, China, and Mexico. Warren Buffett described the tariffs as an 'act of war'. In response, Canada and Mexico plan to impose counter-tariffs. Trump also increased tariffs on China, with Beijing threatening retaliation. The situation is likely to escalate trade tensions globally.
Category:
News and Media
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