Economic Policy & Trade - Tariffs imposed by President Trump will create barriers to business [1] - The tax wedge issue is lost in the endless conversation about tariffs [1]

Trade Policy - Potential tariffs on pharmaceuticals may be imposed by the end of the month [1] - Tariffs on semiconductors could be implemented soon [1]

Trade Policy - Potential tariffs on pharmaceuticals may be imposed by the end of the month [1] - Tariffs on semiconductors could be implemented soon [1]

Trade Deals & Tariffs - Anticipation of numerous trade deals in the near future, with potential announcements increasing as the July 9th deadline approaches [1][2] - The impact of tariffs is already being felt, with potential for significant economic consequences if tariffs escalate, such as a possible 30% tariff with the EU by August 1st [4][6] - Companies have been managing supply chains and stockpiling goods to buffer against uncertainty, but this strategy has limitations in protecting against higher prices [8] - The market's reaction to Trump's tariff policies has been inconsistent, with a perception that the Fed will intervene to mitigate any negative impacts [10][11][12] Economic Impact & Political Concerns - Concerns exist regarding the inflationary impact of a large bill passed by Republicans, potentially leading to a deficit and a perception of America as an unsafe investment [13] - There is worry about stagflation in the coming year, with no forecasters predicting a positive economic outlook in terms of prices and inflation [14] - The legality of tariffs is being challenged, with arguments that Congress is abdicating its responsibilities regarding trade [15][16] - A poll indicates that even among Republicans, raising tariffs is unpopular, with only 40% favoring the measure [17]

President Donald Trump's far-reaching tariffs are starting to push sticker prices, though not as much as some economists had forecast. https://t.co/nPJfRCmfC7 ...

We've been talking here uh consistently about whether the market would absorb uh the tariffs. The market is absorbing the tariffs right now. Uh it reminds me of the talk we had during the Biden administration about uh the the economy continuing to grow even as interest rates went up.Do you see a divide between what's happening on Wall Street and Main Street or is this an economy that just keeps roaring on. Roaring is probably a bit more than uh of a word than I would use because the growth rate this year wi ...

.@SteveForbesCEO warns that lost in the endless conversation about tariffs is the issue of the tax wedge and how the new levies imposed by President Trump will create barriers to business. #WhatsAhead https://t.co/30I9V5YaMc ...

.@SteveForbesCEO warns that lost in the endless conversation about tariffs is the issue of the tax wedge and how the new levies imposed by President Trump will create barriers to business. #WhatsAhead https://t.co/G4DZz1hb6K ...

The president has promised to hack away at federal rules that stymie construction. Yet his policies on immigration would worsen labour shortages and his tariffs will make projects more expensive https://t.co/9xizWDp5pA ...

Market Performance & Trends - Despite tariff threats, the Russian Ruble's value increased, and the Moscow stock exchange rose sharply [1] - Since the last US election, the S&P 500 has increased by 84% [2] - Seven stocks, representing about 35% of the market, have been driving the market's performance [3][4] - Without the "magnificent seven" stocks, the S&P 500 would only be up 33% [4] Individual Stock Performance - Tesla is up 26% since the election [5] - Meta is up 26%, driven by AI [5] - Amazon is up 13%, but down slightly since the inauguration due to tariffs [6] - Google is up 7%, but down since the inauguration due to competition in the search business from AI companies [7] Economic Impact of Tariffs & Policies - Economists are lowering their estimates of a recession; predictions are closer to 30% [9][10] - Tariffs have not had a significant effect on inflation, which is around 28% for core inflation and 4% including food and energy [13][14] - Interest rates have been relatively stable since the election, providing a tailwind to the market [16]