CCP models vulnerable to Trump risk
Volatility of ‘will he, won’t he’ tariff strategy could confound clearing house risk models
Clearing houses are facing challenges in updating their stress scenarios to account for the uncertainty around US economic policies, sources warn.
In February, US president Donald Trump hit Canada and Mexico with a 25% tax on imports, only to retreat days later when markets reacted badly. Last week, he threatened to double tariffs on Canadian steel and aluminium to 50%, then reversed course the
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