As Trump's latest tariff policy approaches, U.S. stocks face a potentially vulnerable moment
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Odaily Odaily News reports that as the latest Trump tariffs approach, the US stock market faces a potentially vulnerable moment. The S&P 500 index has fallen about 5% from its record closing high on February 19, and a series of weak economic reports in the US have raised concerns about economic growth, with tariffs further clouding the market outlook. Analysts generally believe that imposing tariffs on foreign imported goods could exacerbate inflation and erode corporate profits. Chuck Carlson, CEO of Horizon Investment Services, said, "For now, the market still sees tariffs more as a negotiating tool than a long-term strategy, and if that starts to change, I think that would have a negative impact on the stock market." (JinShi)
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