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-0.00143587902719206 -0.00538454635196992 -0.00708965269676035 -0.00282688683478415 0.115229291932155 0.136543121242035 0.156062101767926 0.135511083191241
Stock impact report

Opinion: The folly of Trump's sneaker tariffs [Yahoo! Finance]

Apollo Global Management, Inc. (New) (APO) 
Last apollo global management, inc. (new) earnings: 5/1 07:00 am Check Earnings Report
US:NYSE Investor Relations: apollo.com/shareholders/overview
Company Research Source: Yahoo! Finance
That's not what they want, of course. Voters gave Trump a second term in the White House last year in large part because they want lower prices, paychecks that stretch further, and more prosperity. Trump hasn't delivered that so far. The aggressive tariffs dominating his economic agenda are already raising prices, punishing stocks, and leading economists to forecast lower growth and rising unemployment. Trump says, no matter. His tariffs are necessary to bring manufacturing back to the United States and create more assembly line jobs. He describes a stock wipeout and possible recession as “medicine” that will eventually make the patient — the US economy — healthier. Yet there are many instances in which Trump's tariffs will raise prices while bringing virtually no jobs back to America, imposing a net loss on the US economy and American consumers. To understand why, start with the shoe rack in your closet and the sneaker collection that probably includes specialized shoes for vario Show less Read more
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