‘TBH, I Doubt It Even Exists’: Some Now Worry Trump Auto Tariffs Based On Imaginary Document

Earlier this week, we gently suggested that market participants shouldn't mistake any tenuous "truce" between Donald Trump and Emmanuel Macron over tariffs related to France's digital tax for a broader deescalation of trade tensions between Washington and Brussels. "Nobody should get their hopes up", we cautioned. "Trump’s position on trade with Europe is still wholly ambiguous". EU trade commissioner Phil Hogan last week underscored just how precarious the situation is, calling Trump's focu