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Stan Druckenmiller, Scott Bessent's former boss, says he's opposed to Trump tariffs exceeding 10%

1. Druckenmiller opposes tariffs exceeding 10%, hinting at market implications. 2. New tariffs have triggered significant selloffs in equities markets. 3. Bessent asserts no imminent recession despite tariff concerns. 4. Ackman warns of an economic downturn if tariffs persist. 5. Dimon states tariffs may slow growth and increase inflation.

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FAQ

Why Bearish?

Tariffs have historically led to market downturns, such as during the 2018 trade war.

How important is it?

The statements from influential figures like Druckenmiller and Dimon can sway market sentiment significantly.

Why Short Term?

Immediate market reactions to tariff announcements often show volatility in the short run.

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