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UBS On-Air: Paul Donovan Daily Audio 'The Phantom Menace?'
Published 11 months, 2 weeks ago
Description
Economists are geeks. Star Wars parallels are tempting: US President Trump as the Trade Federation leader; Trump’s largest donor Musk as Chancellor Palpatine, railing against bureaucrats; and economists as Jedi Knights. But threatened US trade taxes have real consequences. Investors’ hope is the precedent of Trump’s rapid retreat from taxing Colombian imports.