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3 Stocks to Gain From Stockpiling Effects of the Trump Tariffs
AFRMAffirm(AFRM) MarketBeat·2024-12-17 13:30

President Trump has stated his intention to place import tariffs on all goods made outside of the United States, supporting his America First initiative. He wants to galvanize the nation's manufacturing industry, which is a boon to factory workers. However, tariffs may stimulate inflation as importers pass the additional expenses onto the customer. It’s believed that tariffs increase prices and decrease trade. Tariffs are paid by the importers, making it more expensive to buy foreign products, thereby direc ...