Markets rally overt using Trump no force, but tariffs weapon looms, warns deVere - London Business News | Londonlovesbusiness.com
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Markets rally overt using Trump no force, but tariffs weapon looms, warns deVere - London Business News | Londonlovesbusiness.com
""Markets rallied because the immediate fear of military escalation seems to have eased," says the deVere chief executive. "But the speech in Davos was not conciliatory, it was highly aggressive. Trump repeatedly praised tariffs, defended their effectiveness, and presented them as a proven way to achieve national objectives. "Investors should focus on what he consistently endorsed, not simply on what he ruled out.""
""Throughout the speech, Trump highlighted tariffs' roles in protecting US interests, securing leverage, and compelling outcomes, making clear that he views trade pressure as both legitimate and effective. "He repeatedly hailed tariffs as a successful tool and doubled down on their power to deliver results. This could be seen as a warning shot to those countries he has already name-checked over the Greenland issue.""
No US military force is expected over Greenland. President Donald Trump repeatedly praised tariffs, defended their effectiveness, and presented them as proven ways to secure US interests and leverage outcomes. Markets rallied because the immediate fear of military escalation eased, with modest gains across major US indices and falling Treasury yields. Nigel Green of deVere Group warns that the repeated emphasis on tariffs signals a strategic shift toward economic pressure; with force removed, tariffs become the primary instrument to compel outcomes regarding Greenland. The emphasis on tariffs suggests potential future trade actions against involved countries.
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