UBS On-Air: Paul Donovan Daily Audio 'Protectionist, or pushover?'

The podcast dives into President Trump's recent trade tax announcements and their implications for US consumers. It raises the intriguing question of whether he’s being a protectionist or just a pushover, with market reactions leaning towards the latter. The discussion points out that the delay in implementation could create room for negotiating deals, though so far, they seem to lack real substance. Investors are left skeptical, reflecting on how political polarization affects consumer behavior amidst these uncertain times.