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When trader Richard McDonald saw Trump hold up his charts in the White House Rose Garden showing a list of countries targeted by US tariffs, he knew he had to act fast.

One layer down, you've got the bond traders who buy and sell the bonds.

Speculative traders, including hedge funds and asset managers, have increased their bets against the dollar in April.

On Friday, businesswomen told the BBC that some fellow traders had been arrested on the second day of a ban imposed by Tanzania on all agricultural imports from Malawi and South Africa.

He has produced a ludicrous tariff policy which every economist, hedge fund manager, CEO, small businessman and stock trader knows is virtually designed to cause inflation, if not stagflation and recession.