US EditionFinancial expert weighs in on the impact of President Trump's tariffs on personal finances
- On Thursday, April 3, 2025, the stock market plunged, marking Wall Street's worst day since March 2020.
- President Trump's unveiling of broad tariffs and more aggressive tariffs than expected rocked the market, stoking recession and trade war fears.
- JPMorgan slashed price targets for Wells Fargo and Goldman Sachs, and analysts expressed caution regarding financial stocks ahead of earnings season.
- Wells Fargo shares dropped to roughly $902, and Mike Giordano stated the tariffs were more aggressive than anticipated.
- The market decline and economic uncertainty highlighted the importance of a financial safety net of stable assets for short-term goals.
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From food to finances, the consumer impact of Trump tariffs
ST. LOUIS - Thursday was the stock market’s worst day in five years and the free fall continued Friday. President Trump’s tariff policy is creating chaos on wall street, but he remains confident in his plan. “It was a sick patient. It went through an operation on Liberation Day. And it's going to be — it's gonna be a booming country,” Trump said. Close Thanks for signing up! Watch for us in your inbox. Subscribe …
·St. Louis, United States
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Total News Sources14
Leaning Left3Leaning Right3Center3Last UpdatedBias Distribution33% Left, 33% Center, 33% Right
Bias Distribution
- 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
33% Right
L 33%
C 33%
R 33%
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