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President Trump has posted a new announcement on Truth Social, the social media platform. He wrote:
“The biggest threat in history to United States National Security would be a negative decision on Tariffs by the U.S. Supreme Court. We would be financially defenseless. Now Europe is going to Tariffs against China, as they already do against others. We would not be allowed to do what others already do!”
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 could lead to market volatility, particularly affecting companies with significant international exposure. Apple Inc. and Tesla, Inc. might face increased costs and supply chain disruptions, while Walmart Inc. could see changes in import pricing. ETFs like iShares MSCI China ETF and Vanguard Information Technology ETF may experience fluctuations due to potential trade tensions, while Consumer Discretionary Select Sector SPDR Fund and iShares MSCI Germany ETF could be impacted by shifts in consumer spending and European market dynamics.
Here are some of the stocks that might be affected:
Apple Inc ((AAPL)),
Tesla, Inc. ((TSLA)),
Walmart Inc. ((WMT)),
iShares MSCI China ETF ((MCHI)),
Vanguard Information Technology ETF ((VGT)),
Consumer Discretionary Select Sector SPDR Fund ((XLY)),
iShares MSCI Germany ETF ((EWG)).