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Former Home Depot CEO calls stock market response to Trump's tariffs an 'over-reaction'

1. Bob Nardelli believes market overreacted to Trump's tariffs. 2. Past tariffs had beneficial long-term effects on the economy. 3. Concerns of recession may be premature, according to Nardelli. 4. Over 50 countries seek new economic negotiations post-tariff announcement. 5. Nardelli advises against letting Wall Street dictate business strategy.

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FAQ

Why Bullish?

Nardelli’s historical perspective on tariffs suggests potential long-term economic benefits, which can support HD’s business model reliant on consumer spending.

How important is it?

The article discusses tariffs' effects on the economy, pertinent to HD given its reliance on consumer spending.

Why Long Term?

Long-term benefits from tariff policies could enhance the overall economic climate over time, positively affecting HD’s revenue.

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