Tariff Policy Investment Update April 3, 2025
April 3, 2025
Yesterday, President Trump announced his long-awaited tariffs on U.S. trading partners that will raise the effective tariff rate to levels not seen since the 1930s. Markets are reacting sharply to the news as the import duties are more onerous than broadly anticipated, and the announcement created more questions than answers as investors gauge the responses from trading partners and consider the longer-term implications.