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Stocks cheered Trump's victory, but tariffs bring unknowns to 2025


Published on 2024-12-11 05:21:10 - The Globe and Mail
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  • The U.S. stock market welcomed Donald Trump's victory in the 2024 presidential election, but turbulence may lie ahead if the president-elect makes good on his tariff threats.

The article from The Globe and Mail discusses the market reactions and uncertainties following Donald Trump's victory in the U.S. election. Stocks initially rallied due to expectations of tax cuts, deregulation, and infrastructure spending. However, the introduction of tariffs and trade policies has introduced significant unknowns for investors as they look towards 2025. Trump's protectionist stance, particularly his trade war with China, has led to market volatility, with fears of a global economic slowdown. Investors are now grappling with the potential for higher inflation, retaliatory tariffs from other countries, and disruptions in global supply chains. The article highlights that while some sectors like manufacturing might benefit from these policies, the broader economic implications remain uncertain, prompting investors to reassess their portfolios and strategies in light of these new trade dynamics.

Read the Full The Globe and Mail Article at:
[ https://www.theglobeandmail.com/investing/article-stocks-cheered-trumps-victory-but-tariffs-bring-unknowns-to-2025/ ]