The past month hasn’t been easy for stock market investors. Indexes have changed directions multiple times, volatility has been high, and some of the market’s leading companies have seen their stocks stumble.
What’s the reason for the turmoil? Investors, analysts, and economists all have voiced fears about the impact of President Donald Trump’s plan to impose tariffs on imports.
Trump announced a sweeping plan early last month, which caused indexes to fall. The tech-heavy Nasdaq Composite even crashed into bear territory and the S&P 500 index temporarily slipped into a bear market. The concern was that higher prices would weigh on the consumer, the general economy, and corporate earnings.
But the president’s decision to pause tariffs to allow countries time to negotiate with the U.S. and his temporary halt on tariffs for electronics products offered…