Opinion: Trump’s tariffs stunned Main Street. Now they could starve Wall Street. - MarketWatch
1. Moody's downgraded U.S. creditworthiness, raising Treasury risk premiums. 2. Federal budget deficits are exacerbated by tariffs and social spending cuts. 3. U.S. trade deficit growth risks foreign investment influx into American markets. 4. Tariffs are unlikely to balance U.S. multi-trillion-dollar deficits effectively. 5. Trump's trade policies may lead to recession and market instability.