Economy

LONDON, Capital Markets in Africa – President Trump has imposed towering tariffs on all countries. These tariffs have a distinctly stagflationary flavour. They push up import prices that then pass through into higher consumer goods prices and inflation – acting as a tax on spending and, thus, creating a corresponding drag on economic growth. In such a textbook stagflationary environment as today, a portfolio allocation to commodities – as real physical assets – have historically…

With the threat of tariffs looming under a potential Trump return, can China’s stimulus and reforms protect its economy? With Donald Trump returning to the White House in 2025, his second term is likely to see a resurgence of tariffs and export restrictions among other things, raising concerns about China’s ability to withstand a resurgence of ‘America First’ policies.  While Mexico surpassed China as the U.S.’s largest trading partner in 2023, China remains a key…