Trump hits pause. What’s next for markets?

Written by Tom Caddick
April 25th, 2025.
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As global trade continues to evolve, Chief Investment Officer Tom Caddick looks at the latest state of play following President Trump’s decision to pause higher tariffs, including what this all means for markets and for our portfolios.

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Filmed on Thursday 24 April 2025. 

You can watch Tom’s previous video, filmed shortly after Trump’s tariff announcements, by following the link below.

Watch: What do Trump’s tariffs mean for markets?
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Author

Tom Caddick

Tom Caddick

Chief Investment Officer, London

Tom was appointed in March 2021 and brings to the table over 20 years’ investment experience. Prior to joining, he was at Santander Asset Management in London for nine years, where he was, most recently, the chief investment officer for its UK business, having previously been the global head of the multi asset division. Tom also spent several years as head of multi manager and fund selection at LV Asset Management.

Tom sits within Nedgroup Investments, a sister company, which provides investment advice, research and portfolio modelling solutions to Nedbank Private Wealth. Here, he heads up the London-based investment team. It is in this capacity that he is a member of Nedbank Private Wealth’s investment committee.

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