As Europe faces the prospect of tariffs on its exports to the United States, TS Lombard has advised investors in the region on how to "tariff-hedge" their portfolios. This week he announced that Mexico, Canada and China would be the first countries in the firing line. In a note this week, Davide Oneglia, director of European and global macro at TS Lombard, advised European investors to address their "tariff risk" by looking at their exposure "in the way Donald Trump ... does, i.e. Selective approach Secondly, the economist noted that while it makes sense in the near term to stay underweight European stocks in aggregate relative to U.S. stocks, investors appear "too dismissive" of opportunities in EU markets. It's also likely that Trump will be open to negotiating with EU countries – and, potentially, with EU businesses, T.S.

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Persons: Lombard, Donald Trump, Trump, Davide Oneglia, Oneglia, Lombard's Oneglia, It's Organizations: European Union, U.S, Lombard, Airbus, EU, Nasdaq, Trump Locations: Europe, United States, Mexico, Canada, China, Spain, Greece, Portugal, Italy, Germany, France, Ireland, Austria, Sweden, Denmark, Finland, U.S, T.S