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Housing glut or backlog?
The Freeman
|April 26, 2025
As the global trade or tariff war rages on, the uncertainty mounts. Sadly, it is driven solely by one person's mood and rhetoric. Well, by the guy named Donald Trump.
We can mirror this from how stock exchanges or bourses (globally) react. If he pauses the execution of the tariff, the stock markets go up. When he raises it, the bourses go down. Likewise, when he was insinuating that there was an ongoing talk with China, the bourses performed better. Then, when China labelled it as "fake news," the bourses went down. Indeed, Trump-driven, that's how this trade war is characterized.
Though our own stock market is influenced a bit by this uncertainty, it isn't that severe. Afterall, as our trade surplus with the USA is minimal, we are slapped with a lower tariff of just 17% ?
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