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10-25% Tariffs May Not Be So Bad. Still, Buy the Big Banks, Says One Expert

May 10, 2023
in Trade Tube
Reading Time: 1 min read
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There are tons of unknowns in the financial market right now. 
Between the threat of an added 10% to 25% tariff on Chinese apparel, toys and electronics coming into the U.S., whether the U.S. will see more interest rate cuts, and therefore how much upside the stock market has for the medium-term, investors need to manage risk with precision. 

How much more could stocks lose of Trump places more tariffs on China? “It really depends on how hard hitting that $300 billion really is in terms of those tariffs, because we always have exceptions and there’s always a way to carve out on that, and certainly I don’t really see it actually happening,” Hillary Kramer, chief investment officer of Kramer Capital Research said. Basically, Kramer was saying some goods will be exempt, some will receive lighter tariffs, and some goods will be hit hard. 

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