Car Prices Are Poised for $12,000 Surge on Trump’s New Tariffs
Bloomberg Businessweek
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Market Reactions to New Tariff Announcements
This chapter explores the effects of the White House's new tariff announcements, focusing on a 20 percent tariff against China and proposed tariffs against Canada and Mexico. It highlights the immediate market reactions, particularly significant declines in major stock indices and a shift in investor sentiment towards risk-averse strategies.
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