A prominent strategist warned that the proposed 10% tariff by former President Donald Trump could have a significant impact on the global economy. What Happened: Michael Every, a global strategist at Rabobank, cautioned that Trump’s proposed 10% tariff on all imported goods could have a far-reaching impact on the global economy, reported CNBC. Every believes that the tariff could have a significant impact on various asset classes, including equities, FX, and bonds. “First of all, they can’t model that because they don’t really understand what the second and third order effects are, and more im…
