UBS sees Trump doing a TACO on 30% EU tariffs, recommend buy gold as a policy risk hedge

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  Posted by Two Blokes Jul 14 - Filed in Forex - 1 view
  
  UBS Wealth Management on the latest tariffs threat from Trump: Sees White House tariff escalation as a negotiation tactic; expects eventual de-escalation. Base case: U.S. effective tariff rate to settle near 15%, allowing S&P 500 to keep rising.