Should You Really Buy Stocks as President Trump's Tariffs Take Effect? History Gives a Clear Answer.

The S&P 500 (SNPINDEX: ^GSPC) has fallen 11% from its record high as of April 3, erasing over $5 trillion from the U.S. stock market. Investors have become increasingly unsettled by the abrupt and radical shift in U.S. trade policy orchestrated by President Donald Trump.His first few months in the White House have been a whirlwind of executive orders. Before April, Trump had already imposed tariffs on goods from China, Canada, and Mexico and announced duties on steel, aluminum, and auto imports. But his most alarming proclamation came on April 2:Wedbush Securities analyst Dan Ives said the tariffs President Trump outlined were "worse than the worst case scenario." Likewise, many economists now expect a downturn. "Many countries will likely end up in a recession," commented Olu Sonola, head of U.S. economic research at Fitch Ratings.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool