How would Ice Man counter Trump’s Maverick-onomics?

The dollar is likely facing a “moron premium” from investors worried about Washington’s obvious economic illiteracy, according to Sander Tordoir, chief economist at the Centre for European Reform.

“Confidence is a feeble, vulnerable commodity: the US is squandering it by the boatload,” Tordoir said, adding that even if Trump’s tariff order is eventually reversed, “some of the moron risk premium will linger in the markets”. 

“Certainly, the idea of US exceptionalism in markets has been crushed for now,” Tordoir said.