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0.00101112234580382 0.00303336703741146 -0.00202224469160764 -0.00101112234580382 -0.0141557128412538 -0.044489383215369 -0.0515672396359959 -0.0424671385237614
Stock impact report

Trump says he's punishing foreign countries. He's mostly punishing Americans [CNN]

Stellantis N.V. Common Shares (STLA) 
Company Research Source: CNN
Looking for logic? You won't find it. As we've written before, President Donald Trump's stated goals for his tariff agenda are full of contradictions . Even the math the administration used to calculate “reciprocal” tariffs on trading partners is more performance art than, well, math (more on that in a moment). America's economy is the envy of the world. Yet Trump believes it's the victim of other nations' unfair trade practices. Tariffs are his catch-all theory of how to level the playing field and revive American manufacturing. He is unshakable on that — even if it means pushing the US economy into a recession. He claims tariffs will hurt foreign countries, and he's not wrong. But he has so far shrugged at the fact that tariffs will needlessly punish Americans, too. For no reason, the US government is now going to force Americans to pay more for things that we simply cannot produce domestically. Like, coffee. Certain wines. Rare earth minerals that are essential to the tech i Show less Read more
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