Trump's Tariffs — And The Art Of The Rebound - Invesco QQQ Trust, Series 1 (NASDAQ:QQQ)
Benzinga·2025-12-31 00:32
President Donald Trump sent a shockwave through markets on April 2, 2025, a date he proclaimed as “Liberation Day.” He announced a sweeping 10% baseline global tariff and reciprocal duties ranging from 11% to 50% on dozens of countries. The market's reaction was immediate and visceral.SPY is up 17% in 2025. See the details and chart here. The April ShockThe market volatility following the “Liberation Day” tariff announcement was among the most extreme in financial history. Over a single week, the major inde ...