How to Invest As Trump’s Tariffs Cause a Market Sell-Off
- Investors are scrambling to adjust their portfolios as the US puts tariffs on trade partners.
- Many in markets believe that import taxes will drive up costs and hurt economic growth.
- Here’s where six investing gurus say to put your money now.
Tariffs are rocking the stock market, and investors can’t say they weren’t tipped off.
US equities approached correction territory this week as trade disputes escalated. The S&P 500 fell 6% from its mid-February high, erasing its postelection gain, and the growth-heavy Nasdaq Composite was down 8% from its peak.
President Donald Trump repeatedly promised on the campaign trail to raise import taxes on key US trade partners, in hopes of notching political…