Trump’s New Tariffs – How Are You Adjusting Your Investments?
Posted: Feb 01, 2025
- Trump announced new tariffs on imports from Canada, Mexico, China, and the EU
- S&P 500 dropped 0.5%, Nasdaq dipped 0.3%
- Tariffs could lead to higher costs, inflation, supply chain disruptions, weaker corporate earnings
- Questions raised about economic sense of tariffs
- Consider selling manufacturing or retail stocks
- Consider shifting towards U.S.-centric or intangible goods sectors like tech
- Consider holding more cash for potential volatility
- Portfolio mostly in U.S.-based intangible goods, considering reallocating European stocks
- Ask if making moves or riding out the market volatility
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