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Trump says 'there'll be flexibility' on reciprocal tariffs

1. Trump mentioned 'flexibility' in upcoming tariff plans. 2. Reciprocal tariffs to impact countries with U.S. tariffs. 3. April 2 highlighted as 'liberation day' for tariffs. 4. No exceptions to tariffs expected, ensuring uniform application. 5. Plans may influence trade relationships and market dynamics.

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FAQ

Why Bearish?

Tariffs can increase costs for companies, impacting profits, as seen in 2018 with steel tariffs.

How important is it?

Tariff policies can shift investor sentiment rapidly affecting S&P 500 companies, especially in manufacturing and imports.

Why Short Term?

Immediate reactions to tariffs generally influence stock prices within a few weeks.

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