2 Question Tuesday – 02/03/2025 – How Far Will the Market Fall in the Wake of Trump Putting Tariffs on Canada and Mexico? If Trump Successfully Freezes Government Spending, How Will This Affect the Financial Markets?
Welcome to 2 Question Tuesday. This week’s client submitted questions were:
- How far will the market fall in the wake of Trump putting tariffs on Canada and Mexico?
- If Trump successfully freezes government spending, how will this affect the financial markets?
Phil, Mike, and Larry talk about President Trump putting 25% tariffs on Canada and Mexico and 10% on China, how this will affect the economy and if this will cause a big stock market selloff. They then discuss Trump’s attempt last week to freeze millions of dollars of Congressional spending before the judiciary stopped it. If he tries again, which agencies will be affected and how will that impact investors?
Submit your questions to question@2questiontuesday.com
As always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.