Latest / The Ben Ferguson Podcast
Trump's Tariff Tango-The Art of the Deal
Tariff Announcement: Trump announced a 125% tariff on China due to its retaliatory actions against the US. He also announced a 90-day pause on tariffs for countries that did not retaliate, with a reduced reciprocal tariff of 10%. Market Reaction: The stock market reacted positively, with major indices like the Dow, S&P 500, and Nasdaq surging significantly. The announcement led to a dramatic rebound from previous losses triggered by bond yield spikes and global tariff escalations. International Response: The EU, Canada, and China were highlighted for their retaliatory actions. Seventy-five…
The skinny
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