UBS On-Air: Paul Donovan Daily Audio 'Who to scapegoat when trade deals are done?'

The recent US-Japan trade deal introduces a hefty 15% tariff on Japanese goods, impacting everything from cars to steel. The complexities of trade agreements often leave consumers and businesses in a tricky spot. Meanwhile, the discussion shifts to how economic policy often leads to scapegoating of foreign entities during downturns. Political stagnation and external pressures also play a role in shaping market dynamics, especially with upcoming midterm elections looming.