Business Economy


Investment strategist Christopher Wood urges collective response to tackle tariffs

New Delhi, Aug 9 (UNI) Christopher Wood, Global Head of Equity Research at Jefferies, has urged for a collective response against the latest tariffs imposed by the United States in the latest edition of his ‘GREED & Fear’ report.
Wood has been awarded the tag of ‘best strategist’ in Asia multiple times by prestigious magazines.
Wood has been publishing the renowned weekly investment ‘GREED & Fear’ report since July 1996. In the latest edition, the report urged countries to act collectively, stating that " the rest of the world should act collectively rather than each country seeking to do its deal with the US.”
Earlier, the renowned investment strategist Wood termed the 50 per cent tariff imposition of Trump on India and Brazil as ‘Xenophobic autarky.’ Wood also highlighted that the US showed its incompetence regarding following international trade practices.
The General Agreement on Tariffs and Trade (GATT) is related to governing international trade practices by providing a framework for tariff reduction and other trade barriers.
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