TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
President Trump has posted a new announcement on Truth Social, the social media platform. He wrote:
“Despite the massive amount of money being made by the United States of America, Hundreds of Billions of Dollars, as a direct result of Tariffs being charged to other countries, the full benefit of the Tariffs has not yet been calculated in that many of the buyers of goods and products, in order to avoid paying the Tariffs in the short term, “STOCK UP” by purchasing far more inventory than they can use in order to avoid Tariff payments in the short term. That heavy inventory purchase is now, however, wearing thin, and soon Tariffs will be paid on everything they apply to, without avoidance, and the amounts payable to the USA will SKYROCKET, over and above the already historic levels of dollars received. These payments will be RECORD SETTING, and put our Nation on a new and unprecedented course. We are already the “hottest” Country anywhere in the World, but this Tariff POWER will bring America National Security and Wealth the likes of which has never been seen before. Those opposing us are serving hostile foreign interests that are not aligned with the success, safety and prosperity of the USA. They couldn’t care less about us. I look so much forward to the United States Supreme Court’s decision on this urgent and time sensitive matter so that we can continue, in an uninterrupted manner to, MAKE AMERICA GREAT AGAIN! Thank you for your attention to this matter! President”
How Will Trump’s Statement Affect the Stock Market?
This latest post has the potential to affect the stock market. That’s because Donald Trump’s statement on tariffs suggests a potential increase in revenue for the United States, which could positively impact industrial stocks. The anticipation of record-setting tariff payments might lead to a bullish sentiment for ETFs like Vanguard Industrials ETF, Industrial Select Sector SPDR Fund, and iShares U.S. Industrials ETF, as investors may expect growth in industrial sectors. However, the uncertainty surrounding the Supreme Court’s decision could introduce volatility in the market.
Here are some of the stocks that might be affected:
Vanguard Industrials ETF ((VIS)),
Industrial Select Sector SPDR Fund ((XLI)),
iShares U.S. Industrials ETF ((IYJ)).