The tug of war between the United States and the European Union has begun. On March 12, the US administration raised tariffs on imports of aluminum and steel by 25%. In response, the EU has announced that it will reinstate, in mid-April, tariffs introduced during Donald Trump's first term, suspended since 2020
In recent weeks, with the erratic announcements and implementation of the first Trumponomics 2.0 measures, a less favorable wind has been blowing across the US economy, whether it be Main Street or Wall Street. Between rising fears about inflation and growth, how long can the Fed extend the status quo on its policy rates?