Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
In anticipation of potential trade negotiations, former President Donald Trump is expected to announce major trade deals that could impact tariffs. Analysts speculate that a single deal could be sufficient to stabilize market sentiments. Recent market volatility has led to predictions that Trump may pause or cancel reciprocal tariffs, which could result in a significant market rally. Observers note that the administration's approach to tariffs is crucial for maintaining investor confidence, with some suggesting that quick agreements with major trading partners could alleviate current economic pressures. The Dow Jones Industrial Average and S&P 500 are closely monitored as the situation develops.
My guess, but only a guess, is another day or two of market panic, then Trump announces quickie deals with a few major trading partners removing some of the most damaging tariffs in exchange for real or imaginary concessions, and "more in the works," and then things calm down.
Saving face in the post-truth era: Trump should deny that he ever supported tariffs. He should blame his economic advisors and fire them. https://t.co/HJftkbMNLw
I think tonight/tomorrow is where Trump hits the pain threshold of what he is doing and he will fold on tariffs at least temporarily to give markets a chance to rally at least for a while. Trump can say he's not swayed by the Dow all he wants, but his first term said otherwise. https://t.co/6tguCii1eX