3 Artificial Intelligence (AI) Stocks That Can Weather President Trump's Tariff Storm
The threat of tariffs looms over many companies because they make anything imported more expensive. If that is the only source for products, then consumers or businesses may hold out on purchasing them to wait out tariffs in the hope that they will be reduced.Furthermore, if products become more expensive in general due to tariffs, it could reduce consumer confidence and cause spending to drop across the board.Many investors are worried about this, which is why the stock market has sold off so heavily over the past week. However, I think three companies can weather the storm caused by President Trump's tariff policies, and each looks like a strong buy following the sell-off.Continue reading
The threat of tariffs looms over many companies because they make anything imported more expensive. If that is the only source for products, then consumers or businesses may hold out on purchasing them to wait out tariffs in the hope that they will be reduced.
Furthermore, if products become more expensive in general due to tariffs, it could reduce consumer confidence and cause spending to drop across the board.
Many investors are worried about this, which is why the stock market has sold off so heavily over the past week. However, I think three companies can weather the storm caused by President Trump's tariff policies, and each looks like a strong buy following the sell-off.
