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JonChevreau boosted

WS REJECTS Trump's #tariffs

US stocks fell in after hours trading as he unveiled tariffs of a min 10% +even higher for some countries.

The SPDR S&P 500 ETF Trust lost about 2%. The Invesco QQQ ETF shed 3.3%.

The WH unveiled a baseline tariff rate of 10% on all Cs that goes into effect Apr 5. Even bigger duties will be charged agst Cs in coming days that levy higher rates on the US.

“We'll charge them ~1/2 of what they are & have been charging us."
#USPol #Trumpcession https://www.cnbc.com/2025/04/02/stock-market-today-live-updates-trump-tariffs.html