Global markets declined amid President Trump's proposal for a 35% tariff on Canada and a possible 200% tariff on pharmaceuticals, potentially impacting Switzerland's GDP by 4%. S&P 500 futures fell 0.7% after reaching an all-time high of 6,280, with Asian and European markets also reporting slight losses. Retail investors have shown increased caution, with recent purchases aligning with average trends. Analysts believe the proposed tariffs may not be fully implemented, leading to a relatively calm investor outlook despite the heightened trade rhetoric.
President Trump wants a 35% tariff on Canada, and a potential 200% tariff on pharmaceuticals could reduce Switzerland's GDP by 4%, according to estimates.
S&P 500 futures dropped 0.7% following a new all-time high of 6,280, with global markets showing modest declines mostly under 1%.
Retail investors have become more cautious, net buying $5.7 billion this week, which is below the year-to-date average, reflecting profit-taking behavior.
Analysts believe Trump's tariff proposals may not fully materialize, suggesting investor sentiment is calm despite significant trade rhetoric.
Collection
[
|
...
]