Former Home Depot CEO Bob Nardelli and Fox business host Charles Payne join the “American Report” to discuss the impact of President Donald Trump’s tariffs when markets around the world became hits.
The US market has declined since the president Donald Trump Last week we announced mutual customs policies.
in spite of Market decline Over the past week, some money managers have a strong belief that the president’s intentions will benefit the US market and the economy in the long term.
“In part of the market selling on Friday, the global market was sold. We hope to see the relief rally soon. However, we will not begin the recovery until we have more clarity on the tariff situation. We hope that trade deals will be poured this week.”
“Now is the time to add to the market,” Murphy said. “This will pass and I hope it will pass soon.”
Trump urges Americans to hang out “strict” about tariff plans as markets fall
On March 11, 2025, I was walking by the New York Stock Exchange Building in New York City. (Photo by Shannon Stapleton/Reuters)
Last Wednesday “Liberation Day”Trump has presented a board of directors that illustrate tariff barriers placed by foreign countries in the United States. The president also announced plans to implement mutual tariffs if the transaction does not reach it. This includes 34% mutual tariffs in China, 20% in the European Union, 46% in Vietnam, 32% in Taiwan, 36% in Thailand and 26% in India, and proposed tariffs around the world. These mutual tariffs add to existing barriers for the US to collect foreign countries.
Trump threw choked market turmoil Monday morning. The true society“Oil prices are falling, interest rates are falling (the slow-moving Fed should cut interest rates!), food prices are falling, there is no inflation, and the long-lost abused US brings billions of dollars a week from countries that abuse already in place tariffs.”
Trump also issued a strict warning unique to China in another post Monday morning, saying, “If China does not already increase long-term trade abuse by 34% by April 8, 2025, the US will charge 50% on April 9th.”
Asian markets continued to sink on Monday, with Hong Kong’s Hangsen index losing 13.22%, the biggest drop since 1997, China’s Shanghai composite fell 7.34%, Japan’s Japan 225 index fell 7.83%, and Taiwan’s rise lost 9.7%.
President Donald Trump presents an executive order signed by the White House on April 2nd to impose tariffs on imports. (Andrew Harnik/Getty Images)
Despite the proposals and disruptions in Asia and the global market, Thomas Hayes, chairman and managing member of Great Hill Capital LLC, hedge fund manager, told Fox News Digital:
“You never get the perfect top, you never get the perfect bottom, but there’s nothing like working in such an environment if you understand the intrinsic value of the business you’re buying and the future cash flows and buy with sufficient safety margins.
Price tag: How much can Americans pay between pay and tax cuts?
However, short-term effects mutual tariffs can have on the US economy. JPMorgan Chase CEO Jamie Dimon has expressed concern for the market Annual letters to shareholders Monday morning.
“The faster this problem you solve, the better part of the negative effect will increase cumulatively over time and become difficult to reversal. In the short term, we consider this as one big straw on a camel’s back,” Dimon said. “After negotiations, we hope that the long-term effects will bring some positive benefits to the US,” Dimon said. “My most serious concern is how this will affect America’s long-term economic alliance.”
Jamie Dimon, CEO of JPMorgan Chase, will speak at the National Retirement Summit held in Washington, DC on March 12, 2025. (Al Drago / Bloomberg Via / Getty Images)
“Shark Tank” investor Kevin O’Leary responded to Dimon’s letter in an interview with Stuart Varney“If these tariffs stay permanently at a 25% rate, he’ll be right. But this is a huge negotiation, and Trump has learned it for over 12 years. You may have the pain of rhetoric, but it’s the key. The key is the signal.”
The underlying question of whether the benefits of implementing tariffs outweigh short-term losses has equally burdened investors and money managers since Trump began taking action.
However, some financial experts have pointed out that domestic production and commerce will be essential for growth over the next few years.
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“If you’re going to do things inside America, then everyone needs to charge a premium to do business abroad, as it’s the best for your business.” “From a philosophical perspective, it makes a lot of sense and this market response hasn’t led to any kind of mathematics or reality.”
