The S&P 500 is headed for its worst weekly decline in two years amid escalating tariff tensions primarily caused by President Trump's erratic trade policies. Investors have lost their post-Election Day gains as economic anxieties rise. Prominent analysts predict a downturn may be imminent, with concerns about the potential effects of tariffs on the economy. The situation is compounded by ambiguous shifts in White House policies that leave businesses unsure. Despite some temporary tariff reprieves, Trump's administration appears unyielding on trade negotiations, leading to volatility in the markets.
The S&P 500 is on track for its worst weekly loss since the collapse of the Silicon Valley Bank, driven by President Trump's unpredictable tariff policies.
Jim Farley, Ford's C.E.O., expressed concerns stating, "The chaos and costs associated with tariffs are overwhelming for businesses navigating the current market instability."
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