#TrumpTariffs Morning Market Check!
President Trump just made waves with two major announcements:
🇺🇸 New tariffs on nations that hit U.S. exports with taxes
💸 A historic tax cut bill he’s calling a “rocket booster for the U.S. economy”
So what’s the move for us traders? Let’s break it down:
For traditional markets:
📈 U.S. equities might pop in the short term—pro-growth headlines tend to excite Wall Street
🌐 But global trade tensions mean we could see shaky moves in risk-on assets
🔥 Inflation watch is back—import tariffs = higher costs = pricing pressure