In der Finanzwelt wird seit Kurzem eine Theorie diskutiert, mit der die auf den ersten Blick erratische Zollpolitik Donald Trumps erklärt werden könnte: der „Mar-a-Lago Accord“. Kern des politischen Plans ist demnach eine gezielte Abwertung des US-Dollars, um die Exportwirtschaft der USA zu stärken und so Handelsungleichgewichte zu korrigieren. Zentrales Element dieser Strategie sind reziproke Zölle – wie etwa die von diesem Donnerstag an geltenden Importzölle von 25 Prozent auf Autos aus der EU.
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