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Prospects of a Trump win and huge tariffs spark worst sell-off for emerging market stocks in 10 months

1 min read
Prospects of a Trump win and huge tariffs spark worst sell-off for emerging market stocks in 10 months

Photo caption: Trump declared that there “WILL BE NO THIRD DEBATE” in a post on Thursday. Photo credit: Chip Somodevilla / Getty Images. Article by . Markets Insider –

  • Emerging markets stocks are set for their worst monthly decline since January.
  • The slump comes as investors price in higher odds of a Trump win in the upcoming US election.
  • Trump has pledged to drastically raise import tariffs to as high as 20%, and up to 60% for China. […]
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