Interest rate cuts still likely despite Trump's trade war

US President Donald Trump's tariff twists and turns are creating uncertainty. (Image: Getty)

Mon, 10 Mar 2025

Uncertainty surrounding US President Donald Trump’s trade war is likely to keep business investment on the sidelines but isn't expected to stop the central bank from cutting rates. In the latest twist, Trump on Friday delayed some tariffs on Mexico and Canada for a month when he allegedly will also apply tariffs on other countries. Details are light but Trump has specifically mentioned agricultural products going into the US.While the panorama is far from clear, “short term, the tariff war is unequivocally negative for grow...

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