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Bloomberg Businessweek
Trump Tariffs Target Economies But Will Likely Hit US Companies
Feb 3, 2025
Gina Martin Adams, Bloomberg Intelligence's Chief U.S. Equity Strategist, discusses the pain U.S. companies may face from Trump's tariffs. Krish O’Mara Vignarajah, President of Global Refuge, shares challenges nonprofits encounter in supporting refugees amid funding cuts. Susan B. Bourgeois, Louisiana's Economic Development Secretary, sheds light on trade war implications for the state. Patrick Fruzzetti from Rose Advisors offers investment strategies to navigate market volatility, emphasizing sectors less exposed to global disruptions.
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Quick takeaways
- The proposed Trump tariffs are expected to significantly strain U.S. multinational companies reliant on global supply chains and overseas production.
- Geopolitical tensions and trade policies contribute to financial market volatility, prompting investors to selectively navigate vulnerabilities in various sectors.
Deep dives
Impact of Blockchain on Content Creation
Social media platforms hold significant power over content creators' earnings, but blockchain technology is emerging as a transformative solution. By utilizing blockchain, creators can regain control over their content and establish direct relationships with their audiences, potentially leading to a more equitable revenue-sharing model. For instance, platforms built on blockchain can offer creators the means to monetize their work without relying exclusively on traditional corporate structures. This shift could lead to a more sustainable creator economy that prioritizes the interests of creators rather than large corporations.
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