Market reacts with nerves and volatility to tariffs from US - what might happen next?

Donald Trump’s long-signalled rise in tariffs for imports coming to the US has taken another step with 2 April announcements around his so-called Liberation Day raising the ire of many around the world.

The tariffs that have been imposed range globally from 10% to much higher across multiple countries and sectors.

The short-term issues could cause issues for non-life insurers that have shorter duration investments especially as the tariffs have also caused issues for the US economy.

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