UBS CEO Ermotti says Trump tariffs likely to fan volatility
ReutersApr 3, 2025 10:27 AM
ZURICH, April 3 (Reuters) - The imposition of trade tariffs by U.S. President Donald Trump on the United States' trading partners is likely to create uncertainty and feed volatility in the coming weeks, UBSUBSG.S CEO Sergio Ermotti said on Thursday.
M&A activity and initial public offerings could be affected by the fallout, Ermotti said at an event in Zurich.
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