S&P and NASDAQ saw gains following the announcement of new tariffs by Trump, targeting China, Mexico, and Canada. This move is expected to affect various sectors, particularly those reliant on trade with these countries.
Positive
The announcement of tariffs can lead to increased volatility in the markets, particularly affecting sectors like technology and manufacturing that have significant exposure to global supply chains.
Negative
The prolonged tariff negotiations could hinder growth prospects for companies tied to international trade, suggesting a cautious approach for investors in these sectors.
Nov 27, 2024, 7:00 AM
A study measuring the true cost of living found that more than half of American households do not have the resources to pay their bills and have enough money left over for savings.
Nov 26, 2024, 8:47 PM
The appointment came as Donald Trump renewed his vow to raise tariffs on imports from China, Mexico and Canada.
Nov 26, 2024, 2:46 PM
Most Americans aren't sure what tariffs are, and they're conflicted about whether they matter or not.