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Will Trump’s tariffs end the bull run?
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Mr Donald Trump’s latest tariff announcements have caused the effective tariff rate on US imports to jump nearly ninefold in 2025.
PHOTO: REUTERS
Vasu Menon
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SINGAPORE – Despite a wall of worry, stock markets have been on a tear. The MSCI All Country World Index, a measure of global equities, has risen by about 25 per cent over the past four months.
This begs the question of whether markets are ripe for a correction or even a sharp pullback now that US President Donald Trump’s reciprocal tariffs for most countries have finally kicked in from Aug 7.
