Week ahead: Global sentiment sours as Trump’s auto and reciprocal tariffs loom
Risk-off sentiment prevailed in the global markets last week after US President Donald Trump confirmed that he would proceed with auto and reciprocal tariffs on Wednesday this week. Adding to concerns, hotter-than-expected US Personal Consumption Expenditure (PCE) data fuelled worries that the US economy may be slipping into stagflation, with potential repercussions for global markets.


