Tariffs Return, Tensions Rise: Markets Weigh Trade Shocks and Middle East Risk

Beat Nussbaumer and Jamie Dutta join LiveSquawk’s Market Talk to explore how renewed trade tensions and escalating geopolitical risks are shaping global markets. Following a Supreme Court ruling against prior tariffs, President Trump’s new 15% trade barriers have stirred uncertainty—yet currency volatility, particularly in the US dollar, remains surprisingly muted. The discussion also highlights the Australian dollar amid sticky inflation and RBA hike expectations, contrasts it with Europe’s sluggish outlook, and examines AI-sector jitters after Nvidia’s latest earnings. The episode closes with a look at potential US military action against Iran and whether markets are underpricing a possible risk-off shock.Follow Beat on X: x.com/MacrobeatLFollow Jamie on X: https://x.com/vantagemktsTry our 24-hour news squawking service for FREE! 👇https://www.livesquawk.com/#sign-upFollow us on X: https://x.com/LiveSquawk40