Wall Street's Tepid Reaction to Trump's Tariff Threats

Reported about 5 hours ago

Wall Street experienced a muted response to President-elect Trump's threats of imposing steep tariffs on major trading partners to curb drug and migrant flows. Following Trump's social media announcements, the dollar rose against the Mexican peso and Canadian dollar, but the overall market impact was limited, with only minor fluctuations in stock prices. Analysts suggest these tariffs are more of a negotiating tactic than an immediate threat, as investors remain focused on broader economic fundamentals.

Source: YAHOO

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