“Won’t tariffs tank the economy?”
My friend asked me this question after the U.S. election result last week. He wanted to hear Wall Street’s take on the president-elect’s economic plan…
During his campaign, Donald Trump promoted tariffs as a way to max out America’s economic power. But experts warn this strategy could stoke inflation and hurt consumers.
With Trump headed back to the White House, tariffs could be a part of the national economy for years to come. And if that’s the case, the first 100 days of his presidency will be critical to your portfolio.
This post originally appeared at DailyWealth.