Analysis-High-priced stocks and bonds raise tariff threat for markets
By Naomi Rovnick and Amanda Cooper
LONDON (Reuters) -Global markets are telling conflicting stories about the possible longer-term impact of U.S. tariffs on growth, a schism that investors say means either stocks or bonds could see a steep correction once it’s clear which is right.
U.S. President Donald Trump‘s erratic approach to trade policy that generated so much volatility earlier this year seems to have left markets wary of reacting to his near-daily announcements on who, or what, might get hit with tariffs.
The latest target is Canada, which on Thursday Trump said will face a 35% duty, while most other trading partners will get blanket tariffs of 15% or 20%, eliciting barely a flutter in the broader markets. An…
