Liberation Day: How J.P. Morgan and UBS are navigating Trump’s tariff salvo

Private banks and asset managers are setting their sights on safe-haven assets like gold and selective Asia markets after US President Donald Trump slapped a multitude of allies with hefty new tariffs. Markets were shaken in Asia on Thursday after Trump imposed significant new tariffs on a variety of countries and industries, in what had been billed as a ‘Liberation…

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