Reported about 1 month ago
President Trump has announced plans to implement unilateral tariffs on trade partners within two weeks, following a proposed 55% tariff on Chinese imports. Investment strategist Kevin Gordon discusses the market's reaction, highlighting that concerns are shifting from inflation to economic growth, as higher tariffs could impact business investments and hiring. The focus now lies on understanding the overall impact of these tariffs on the economy amidst mixed economic data.
Source: YAHOO