Markets are becoming increasingly bearish on prospects for the world’s largest economy, with investors suggesting critical employment figures to be released this month will deliver a nasty surprise.
The Trump administration has played havoc with markets over the last two months as it announces then reconsiders plans to put tariffs on major trading partners. At the weekend, US President Donald Trump said he would increase tariffs on imports from the European Union to 50 per cent before agreeing to defer them until July as negotiations continue.
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