What Does Trump’s Tariff Hike Mean for Consumer Goods Investors?
This past week, President Donald Trump announced his full plan for tariffs on imports — a list of duties varying by country that could make a wide range of goods pricier for U.S. companies and consumers. Stocks sank in the session following the news, and the S&P 500 and Nasdaq even posted their worst performances since 2020. The concern for investors is that these…