Update

Monthly Outlook: What is he going to do?

6 December 2024 10:58 RaboResearch

What part of Trump's agenda captures the world’s imagination? One word keeps coming back in discussions with clients: tariffs. But how they will be deployed exactly is entirely uncertain. Cabinet nominations suggest tariffs are on the table, but are likely to be used strategically and as part of wider US statecraft. Simply put, the US will try to renegotiate its relationship with countries on more favourable terms.

monthly outlook

Disclaimer

Non Independent Research - This document is issued by Coöperatieve Rabobank U.A. incorporated in the Netherlands, trading as “Rabobank” (“Rabobank”) a cooperative with excluded liability. Read more