Trump's second term began with Wall Street expecting favorable tax and regulatory reforms, yet it has instead been characterized by chaos. His administration's aggressive tariffs and threats to the Fed's independence have led to an 8% decline in the S&P 500, marking the worst start for a presidency since 1974's Watergate crisis. Amidst these developments, companies like General Motors are struggling, pulling guidance due to trade policy uncertainties. As Trump plans a rally to reflect on these 100 days, the effects of his policies loom large over the market and businesses.
President Trump's second term has resulted in unexpected chaos on Wall Street, with increased tariffs and uncertainty, leading to the S&P 500's largest decline in first 100 days since 1974.
The protectionist trade policies initiated in Trumpâs presidency have significantly affected the U.S. market, with major corporations like General Motors withdrawing forecasts amid this uncertainty.
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