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Stock impact report

Higher inflation, shaky markets: What to expect from Trump's tariff policies, according to economists [CNBC]

LPL Financial Holdings Inc. (LPLA) 
Last lpl financial holdings inc. earnings: 4/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.lpl.com
Company Research Source: CNBC
The plan, part of Trump's “Make America Wealthy Again” initiatives, features a baseline 10% tariff on all U.S. trading partners as well as duties as high as 50% on nations with which the U.S. has a trade deficit. Imports from China, South Korea and Japan, for instance, face 34%, 25% and 24% tariffs, respectively. Products from the European Union will come with a 20% levy. Reaction from investors was swift . The S&P 500 — a proxy for the broad U.S. stock market — ended Thursday's session down 4.8% and now sits more than 12% below its February high Market watchers' chief worry: economic turmoil. Should other countries respond to Trump's tariff hikes by raising duties of their own, an escalating conflict could evolve into a trade war, which economists say could slow global economic growth And because tariffs are collected from importing companies, economic experts say U.S.-based firms who use foreign goods will likely pass at least some of the tariff costs along to customers — a m Show less Read more
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