🎪 The Great Tariff Circus: Markets Struggle as Policy Flip-Flops Daily
Stocks struggled through a tumultuous week, plunging immediately after President Trump confirmed 25% tariffs on Canada and Mexico and a 10% levy on Chinese imports. The Dow plummeted over 5% on Monday alone.
Midweek volatility in the AI sector intensified after Marvell Technology's earnings report sent semiconductor stocks tumbling. A brief Wednesday rally followed news that White House tariffs might be postponed for automakers, but Thursday's announcement of expanded exemptions failed to generate similar enthusiasm.
Markets found modest support Friday after Fed Chair Powell indicated the central bank awaits "greater clarity on policy from the White House" before making further decisions. Investor sentiment remains fragile amid rising jobless claims and trade concerns.
President Trump's trade wars are challenging the Federal Reserve. Higher tariffs on major trading partners will likely slow economic activity, suggesti…
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