Markets Turn Positive Late, a Day Ahead of Tariffs
Senior counselor to President Trump on trade and manufacturing, Peter Navarro, claimed the U.S. tariff plan will bring in $600 billion per year over the next 10 years. This would suggest that tariffs are seen by the administration not as negotiating tools for trade, but a way to generate revenues over the long term, presumably to help fund the permanent tax cuts President Trump seeks. Tuesday, April 1, 2025 Markets started off in the red today, and after some deep vacillations ended on an up-trend. Such goe ...