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Forbes
131 days

Trump's Tariffs On China Are Now At Least 145%, White House Confirms—Higher Than He Previously Claimed

1. Trump's new tariffs on Chinese imports reach a total of 145%. 2. Stock market fell sharply amid uncertainty over escalated trade tensions. 3. China retaliates with 84% tariffs on U.S. imports in response. 4. Ongoing trade war raises inflation concerns for U.S. consumers. 5. Negotiations between Trump and Xi remain uncertain.

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FAQ

Why Bearish?

The significant increase in tariffs signals escalating trade tensions, likely leading to market volatility and lower S&P 500 performance, similar to past downturns during trade disputes.

How important is it?

The article presents critical information on trade tensions impacting the U.S. economy, which is directly relevant to S&P 500 performance.

Why Short Term?

Immediate market response to tariffs will likely manifest quickly, as seen in the Dow's rapid decline.

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