Former home depot CEO Bob Nardelli and Fox Business Host Charles Payne join the ‘US Report’ to discuss the impact of President Donald Trump’s tariff, as hits in markets around the world.
American markets have fallen since the President Donald Trump Last week announced mutual tariff policies.
despite Market fall In the last one week, some money managers have given a strong belief that the President’s intentions will give long -term benefits to the American markets and the economy.
Fox News Digital, Michael Murphy, CEO and founder of Roscliff Ventures, said, “The global markets were partially sold on Friday in response to our market celloffs.
“Now is the time to add to the market,” said Murphy. “It will pass, and I hope it will pass quickly.”
Trump urges Americans that the tariff plan is ‘difficult’ on the plan of markets.
On March 11, 2025, a man runs a man by New York Stock Exchange Building in New York City. (Shannon Stapletton / Reuters Photos)
last Wednesday “Liberation Day”Trump presented a board reflecting tariff barriers, which live abroad in the US, also announced that the plan to implement mutual tariffs did not reach business deals. This includes 34%mutual tariffs on China, 20%in the European Union, 46%on Vietnam, 32%on Taiwan, 36%on Thailand, 26%on India, 26%on the world. These mutual tariffs are in addition to pre-existing obstacles which are US levy abroad.
Trump weighed market turmoil on Monday morning, posting True social“Oil prices are below, interest rates are below (a slow -moving fed rate should be cut!), Food prices are below, there is no inflation, and a long -abuse USA USAs are bringing on tariffs from countries that misbehave in billions of dollars a week which are already.”
Trump issued a specific warning for China in a separate post on Monday morning, stating that “if China does not grow up by 34% above long -term trading misuse until April 8, 2025, the United States will impose additional tariffs on China of 50%, which will be effective from April 9.”
The Asian markets drowned on Monday, Hong Kong’s Hong Seng Index has fallen by 13.22%in the biggest decline since 1997, China’s Shanghai Composite 7.34%, Japan’s Nikkei 225 Index 7.83%below, and Taiux of Taiwan lost 9.7%.
President Donald Trump displays a signed executive order on 2 April to tariffs imported on imported goods at the White House. (Andrew Harnik / Getty Images)
Despite proposals and disruption in Asian and global markets, Hedge Fund Manager Thomas Hayes, Chairman and Managing Member of Great Hill Capital, LLC, told Fox News Digital, “I live for a period of market chaos in this way. Wall Street is selling a purchase-one-one-one free and everyone is walking!”
“You will never get the right top, you will never get the right floor, but if you understand the internal value and the future cash flow of the business you are being purchased, and buy with a large difference of safety, there is nothing like working in such an environment. When it rains, it is rained, take out a bucket, not a thigh.”
Price Tags: How much can be paid between American tariff and tax cuts
But short -term effects on mutual tariffs The US economy may have increased concerns over Wall Street. JPMorgan Chase CEO Jamie Dimon gave voice to market concerns in one Annual letter to shareholders Monday mornings.
Dimon said, “The sooner the issue is resolved, the better it is as some negative effects grow cumulatively over time and it will be difficult to reverse it. In a short time, I see it as a large additional straw on the camel’s back,” Diman said. “I am hoping that after the conversation, long -term influence will have some positive benefits to the United States,” Dimon said. “My most serious concern is how it will affect America’s long -term economic alliances.”
Jamie Dimon, CEO of JP Morgan Chase, speaks during the National Retirement Summit at Washington, DC on March 12, 2025. (Al Drago / Bloomberg / Getty Image)
“Shark Tank” investor Kevin O’Lery responded to Dimon’s letter in an interview Stuart varniSaying this, “If these tariffs live forever at the rate of 25%, it will be right. But I think it is a huge conversation, and you know, Trump shies away from bombing. We have learned that in 12 years
The underlying question of the benefits of tariff implementation is that short -term damage will overtake, as Trump has burdened investors and money managers equally since initiating action.
However, some financial experts note that domestic production and commerce will be required for development in the coming years.
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Michael Lee Strategy’s Michael Lee told Fox News Digital, “We should charge a premium for everyone to trade abroad, because if you do things inside America, it is best for your business.” “From a philosophical point of view, it means ton, and this market response is not for any type of mathematics or reality.”
