Get ready to tighten those purse strings, folks! Trump is unleashing a tariff storm, with 25% tariffs on imports from Canada and Mexico, and 10% tariffs on goods from China starting this Saturday. Brace yourselves for potential price hikes, as the White House remains tight-lipped on any exemptions.
Wall Street felt the heat too, with stocks taking a nosedive after the announcement. The S&P 500 and Nasdaq composite both took a hit, ending the week with their first loss in three weeks. The Dow Jones Industrial Average also felt the pinch, dropping 0.8%.
Looks like it’s time to buckle up and ride out the storm of tariffs hitting our shores. Hold onto your wallets, folks!
Blue Press Journal 
Leave a comment