Chief Economist's Corner: Trump's first 100 days
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Corporate insights Chief Economist's Corner: Trump's first 100 days Helge J Pedersen 14-02-2025 It has been 100 days since Donald Trump de facto assumed office as President of the US. It is fair to say that he has been transforming the US fundamentally ever since through executiv
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The desk highlights a critical juncture as US President Trump's 100th day in office approaches, marked by a potential policy shift on trade taxes, particularly regarding auto parts. Per the full note [source], this could temporarily alleviate some consumer pressures but introduces significant policy risks amid Trump's historically low approval ratings. With no major trading events on the horizon in the next 30 days, it appears market participants are growing cautious. Thus, the implications of Trump's erratic policy statements may heighten volatility in FX markets, particularly against the backdrop of Canadian political developments that juxtapose stronger trade postures.