In just under two weeks, President Trump’s reciprocal tariffs aimed at countering those imposed on US products are set to be implemented.
The pressing question is: Is the market prepared?
In a recent episode of the Capitol Gains podcast, Yahoo Finance’s Ben Werschkul discussed the growing market concerns regarding this specific tariff strategy. Investors have refocused on tariff uncertainties this week, particularly following the Federal Reserve’s decision to maintain interest rates.
According to Werschkul, the reciprocal tariff initiative “can be whatever Trump wants it to be,” pointing out that one market analyst anticipates some tariff rates might soar to 50%, which could take many by surprise. Trump refers to this as “flexibility.”
“They have the ability to adjust the parameters as they wish, and on April 1 and April 2, … we’re going to see these figures, which I believe will astonish many people,” Werschkul remarked.
Tune in to the complete episode of Capitol Gains below:
