Markets Roil on Trump’s Tariffs on Canada, Mexico, China | Horizons Middle East & Africa 02/03/2025
US President Donald Trump warned the world trade tariffs were coming, and now their impact is reverberating across global markets. Also on the show: oil is trading higher after President Trump imposed tariffs on crude imports from Canada and Mexico; Israeli Prime Minister Benjamin Netanyahu is scheduled to meet with President Trump in Washington; Dubai is adding luxurious mansions and penthouses as developers try to lure rich customers worldwide; Congolese authorities say at least 773 people were killed last week in the eastern city of Goma and its surrounding areas; South Africa’s mining industry has been hampered by infrastructural challenges, poor economic conditions, and the threat of potential tariffs from the US; India’s government has announced a record $11.5B in tax cuts. Guests include: Vandana Hari, VANDA Insights, Founder; Peter Kinsella, UBP, Global Head of FX Strategy; Christopher Smart, Arbroath Group, Managing Partner and Founder; Shirley Webber, Absa CIB, Managing Principal for Resources and Energy; Sajjid Chinoy, JPMorgan, Managing Director and Chief India Economist; Mukwandi Chibesakunda, Zanaco, CEO.
Credit to : Bloomberg Television
