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Stock impact report

What Trump's 90-day tariff pause means for your wallet [USA TODAY]

Comerica Incorporated (CMA) 
Last comerica incorporated earnings: 4/21 06:34 am Check Earnings Report
US:NYSE Investor Relations: investor.comerica.com
Company Research Source: USA TODAY
President is urging everyone to keep their cool. But the is rattling nerves from coast to coast as Americans nervously watch their stock portfolios and yo-yo with the wild gyrations of the financial markets. Economists say consumers have good reason to worry. At midnight Eastern time Wednesday, the White House imposed double-digit rates on dozens of countries. Hours later, Trump reversed course, on goods from dozens of countries to 10% for 90 days. The temporary reprieve from global tariffs sparked a historic surge on Wall Street, but uncertainty remains on Main Street. "The changes in tariff policy created as many questions as they did answers," Bill Adams, chief economist for Comerica Bank, told USA TODAY. The changes also escalated the trade war with China. Trump on to 125% on Wednesday, citing “the lack of respect China has shown to the World's Markets.” China is imposing tariffs of 84% on all U.S. products. Trump also said he would move forward with other tariffs on ph Show less Read more
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