, Columnist
Why Trump's Davos Speech Should Concern Investors
Trump's Davos speech could actually damage the market rally he so loves.
An American in Davos.
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President Donald Trump’s address at the Global Economic Forum in Davos, Switzerland, will be critical for investors.
If the Friday speech it turns out to be measured and calls for rules for ensuring free trade and a further opening of markets for U.S. exports and investments, the impact will be positive. If, however, Trump suggests that his administration is just getting started in introducing new tariffs and quotas to reduce the U.S. trade deficit, expect China, Mexico and the European Union to come out with tit-for-tat measures that could rattle global equity markets.