IPOs

Why Trump’s tariffs could play into the LSE’s hands

‘In the medium-term this might be good for the London Stock Exchange’

Advisers say US capital markets will bear the brunt of the president’s trade war
Advisers say US capital markets will bear the brunt of the president’s trade war Photo: Chip Somodevilla/Getty Images

As Donald Trump’s tariffs continue to rock world markets, advisers are predicting an unexpected winner could emerge: the London Stock Exchange.

The president has long expressed a desire to increase levies on other countries’ imports into the US to rectify what he sees as unfair trade practices. However, his ‘Liberation Day’ tariffs announced on 2 April have still led to major falls across global indexes and stalled a host of planned capital raisings.

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