MARKET ALERT: $TRUMP Announces New
Tariffs
A new wave of tariffs is set to take effect on October 1st, and markets are already reacting.
Key Details:
100% tariff on branded and pharmaceutical products (unless made in the U.S.)
30% tariff on upholstered furniture
25% tariff on heavy trucks
Additional tariffs on kitchen cabinets, bathroom vanities, and related products
What this means: supply chains are about to tighten, inflation pressures could retur.., and global markets may see heightened volatility.
The big question: will this cause short-term market disruption, or set the stage for a longer-term U.S. manufacturing revival?