Trump’s Market Mania: Friend or Foe to Your Portfolio?

Market Overview - The stock market has shown resilience amid volatility driven by Trump's policies, with significant movements in major indices attributed to expectations of Federal Reserve rate cuts and ongoing trade negotiations [2][3][11]. Tariff Impacts - Trump's imposition of a 50% tariff on Indian goods has created immediate market reactions, with the BSE Sensex and Nifty50 both rising following announcements of renewed trade talks [4]. - Apple's stock has been significantly affected by tariffs, with a notable drop of over 8% in April 2025 due to reciprocal tariffs, including a 34% tariff on China and a 26% tariff on India, leading to a broader decline in tech stocks [5][6]. - As of September 10, 2025, Apple faces an estimated $1 billion tariff burden for the current fiscal quarter, impacting its stock performance despite the launch of the iPhone 17 [6][7]. Legal and Regulatory Challenges - The Supreme Court's review of Trump's tariffs could have significant financial implications, with potential refunds of up to $100 billion if ruled against, creating uncertainty in the market [8]. - Trump's crackdown on pharmaceutical advertising poses regulatory risks to an industry valued at over $10 billion annually, as companies face pressure to reduce drug prices [10]. Global Trade Dynamics - The tariff situation extends to China, where a 30% tax on imports has been imposed, and Brazil, which faces a 50% tariff, highlighting the complex global trade landscape influenced by U.S. policies [9].