#TrumpTariffs
⚡ Market & Economic Impact
Stock Market Reactions
Winners: Domestic steel (NUE), auto (F), and manufacturing (CAT).
Losers: Companies reliant on Chinese imports (WMT, TGT, AAPL).
Consumer Prices
JPMorgan Estimate: 10% universal tariff = $1,500/yr cost increase for avg. U.S. household.
Global Retaliation Risks
EU/China Warning: Plans for counter-tariffs on U.S. agriculture (soybeans, bourbon).