Trump says reciprocal tariffs coming on Thursday
Published On Feb 13, 2025, 7:05 AM
President Trump announced plans to unveil reciprocal tariffs targeting countries that impose duties on U.S. imports. This move, set to be revealed before the visit of Indian Prime Minister Narendra Modi, has raised concerns about escalating trade tensions and potential impacts on U.S. inflation. The impact of these tariffs is likely to create uncertainty in markets and could lead to market reactions depending on the specifics of the tariffs announced.
Stock Forecasts
SPY
Negative
The introduction of reciprocal tariffs may lead to increased volatility in the stock market as it threatens to escalate tensions in the ongoing trade disputes. Industries that rely heavily on imports or exports could be adversely affected. Investors should watch for specific target countries and sectors that may be impacted.
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