Trump’s Tariffs and Market Turbulence: Investors Brace for Impact
Wall Street faces renewed uncertainty as President Trump's latest tariffs—30% on EU and Mexican goods—threaten to disrupt global trade. Despite the S&P 500's 25% rally since April, analysts warn of stagnation. RBC's Lori Calvasina notes a 'neutral' outlook, citing unresolved tariff risks. The Federal Reserve's next move adds another LAYER of complexity.
Trade tensions now span Canada, Japan, and South Korea, leaving markets in limbo. Corporate earnings and consumer spending may bear the brunt, with tariffs set to take effect August 1. Negotiations remain a hope, but confidence wavers.