In regards to tariffs and inflation, I’ve received questions about this over and over…
So, let me be clear. As of right now, there are only tariffs on China. And China has responded with a series of minor moves.
Bottom line: President Trump’s tariff threats are primarily aimed at negotiating better trade deals for the U.S., and many of them may never come to fruition. I suspect that most of the U.S.’s allies will scramble to “make a deal” if Trump implements tariffs with a specific deadline. So, as of right now, I don’t foresee tariffs increasing inflation in the U.S.
My advice to investors during times like this is simple, folks…
This post originally appeared at InvestorPlace.