AdvertisementDonald Trump's latest tariff threats have set alarm bells ringing on Wall Street.
Analysts warned of a trade war, volatility, steeper inflation, and a flight to safety in markets.
Analysts said the president-elect's latest threats could presage tariffs on other countries' exports and escalate into a full-scale trade war.
"There has been a view among some investors that Trump's tariff talk was a negotiating tactic, a threat rather than a promise.
Advertisement"The president-elect's scorched-earth approach has stoked fears of a trade war, with investors increasingly wary that Europe could be next in his crosshairs."
Persons:
Donald Trump's, Donald Trump, There's, George Saravelos, Trump, Dan Coatsworth, AJ Bell, Matt Britzman, Hargreaves Lansdown, Nigel Green, Mark Haefele, Ruben Ferreira, FlowCommunity
Organizations:
Analysts, Deutsche Bank, Free, deVere, UBS Global Wealth Management
Locations:
Mexico, Canada, China, America, Europe