Part 4/9:
The reference to FDR's New Deal policies cannot be understated. In the 1930s, drastic steps were taken to reduce trade barriers and stabilize exchange rates amidst a global economic downturn. Today, with looming trade tensions—especially related to tariffs targeting various automotive manufacturers—there is a sense of urgency for Trump to negotiate effectively with nations like Mexico, Canada, and various European countries before impending deadlines.
While optimism around this potential shift exists, insiders close to Trump indicate that substantive discussions on this front have yet to take place. However, the market interpretation remains that if negotiations start to take shape, it could usher in a period of recovery.