Trump's Tariff Hikes Spook Almost Everyone

By Taegan Goddard

Trump's Tariff Hikes Spook Almost Everyone

"President Trump's aggressive move to place tariffs on hundreds of billions of dollars in imports, ranging from crude oil and auto parts from Canada to Mexican avocados and raspberries has rattled investors, economists and some lawmakers, who are all wondering: What exactly is the goal?," the Wall Street Journal reports.

"For many of those reasons, tariffs were the part of Trump's economic plan investors disliked the most. Markets have cheered Trump's promises of tax cuts and reduced regulation, but he has vaulted his trade plan ahead of virtually everything else."

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