President preparing sweeping tariffs to take effect Wednesday
Description
Global markets saw sharp swings today in advance of President Trump's tariff announcements that are expected tomorrow. The S&P 500 finished up just over half a percent after
being down over 1 percent this morning and after one of its worst losses of the past couple
of years last week. The Dow Jones Industrial Average also ended up higher after
initially falling. White House press secretary talked about the market response
today. Congress is back to work this week in the Senate. Republicans aim to begin drafting their budget plan by Wednesday and are utilizing the reconciliation process to avoid collaborating with Democrats. This comes on the eve of special elections in two states:
Wisconsin and Florida… both seen as early referendums on the Trump agenda.
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