Prediction: Trump's Tariffs Would Cause These Stocks to Be Big Losers in 2025
As a presidential candidate, Donald Trump liked to call himself "tariff man." Now that he's back in the White House, he's living up to his self-given nickname. Trump has levied 10% tariffs on imports from China. He has announced plans to implement reciprocal tariffs on all U.S. trading partners. The president intends to impose 25% tariffs on all aluminum, steel, automobiles, pharmaceuticals, and computer chips imported to the U.S. And while a 25% tariff on all imports from Canada and Mexico was temporarily delayed, Trump stated this week these tariffs "will go forward." The looming prospect of a trade war between the U.S. and major trading partners is bad news for quite a few stocks. I predict three, in particular, will be big losers in 2025 due to Trump's tariffs.Continue reading
As a presidential candidate, Donald Trump liked to call himself "tariff man." Now that he's back in the White House, he's living up to his self-given nickname.
Trump has levied 10% tariffs on imports from China. He has announced plans to implement reciprocal tariffs on all U.S. trading partners. The president intends to impose 25% tariffs on all aluminum, steel, automobiles, pharmaceuticals, and computer chips imported to the U.S. And while a 25% tariff on all imports from Canada and Mexico was temporarily delayed, Trump stated this week these tariffs "will go forward."
The looming prospect of a trade war between the U.S. and major trading partners is bad news for quite a few stocks. I predict three, in particular, will be big losers in 2025 due to Trump's tariffs.
