Top analyst sends bold message on S&P 500
Here’s what could be next for the stock market.
U.S. President Donald Trump just delayed his plan to impose a 50% tariff on goods imported from the European Union, citing productive discussions with European Commission President Ursula von der Leyen.
On April 9, Trump imposed 20% tariffs on the EU as part of his sweeping “reciprocal tariffs,” before slashing the rate down to 10% for 90 days. Last week, he suggested a “straight 50% tariff” on the EU beginning on June 1.
