FT: Global markets brace for the impact of a potential second Trump term

In a world bracing for uncertain impacts, a potential second term for former President Trump looms large beyond US borders. Despite investor reluctance to engage, Trump's economic policies, including increased tariffs and tax cuts, promise a volatile mix of higher stocks and inflation. International markets, wary of geopolitical shifts and economic polarization, face a daunting prospect. As the world watches, the "Trump Trade" teeters on uncertainty, prompting global investors to reconsider their strategies amid unpredictable global economic landscapes.

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By Katie Martin

A second term for the former president would probably reverberate more in markets outside the US

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