SPY News: Is Your Portfolio Ready for a Trade War? ETFs for a Defensive Play - 6th Feb 2025, 4:15am

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Staying true to his campaign promises, President Donald Trump imposed tariffs on the United States’ largest trade partners — Mexico, Canada and China — resulting in the market reacting negatively. Markets experienced volatile swings as Trump announced 25% tariffs on goods from Canada and Mexico, along with a 10% levy on Chinese imports.

However, the markets rebounded slightly when Trump later announced a one-month pause on tariffs for Mexico and Canada, underscoring that his admi...

>>> Read more: Is Your Portfolio Ready for a Trade War? ETFs for a Defensive Play
 
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