What Trump's Treasury secy. will signal about China tariffs [Yahoo! Finance Canada]
LPL Financial Holdings Inc. (LPLA)
Last lpl financial holdings inc. earnings: 4/30 04:05 pm
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Source: Yahoo! Finance Canada
LPL Financial chief economist Jeffrey Roach joins Catalysts Hosts Seana Smith and Madison Mills to discuss what commentary from former Soros Fund Management investing chief Scott Bessent, who is in consideration for Trump's Treasury secretary, signals. Bessent told the Yahoo Finance team in a July interview : "We hear 60% tariffs on China. That's the beginning of a maximalist negotiating position. That's the way President Trump negotiates. I would be surprised if we ever hit that. But, I think, given his record in Trump 1.0, he has a lot of credibility in using tariffs to negotiate." Roach says "it's absolutely true that the rhetoric doesn't always translate into some action. So there's certainly going to be hot rhetoric." The economist continues, "The second thing that's really interesting is the fact that China and the US are in very different situations right now, [in] 2024, relative to where they were 2017, 2018 ... When you think about a tariff, who's going to pay for the
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LPLA
Earnings
- 10/30/24 - Beat
LPLA
Sec Filings
- 11/12/24 - Form SC
- 11/4/24 - Form 10-Q
- 10/30/24 - Form 8-K
- LPLA's page on the SEC website