Trump Steel and Aluminum Tariff Market Update February 10 2025
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Trump Steel and Aluminum Tariff Market Update February 10 2025
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Brandi Jo Newman provides a market update, reflecting on her personal experience with the Trump tariffs during his first administration. She shares an anecdote of a client who was impacted by the 25% tariff on Chinese goods, opting to switch to a vendor in Vietnam to avoid tariffs. Brandi Jo discusses the ongoing Trump 2.0 tariffs, including a 25% tariff on steel and aluminum, but downplays any major immediate effects on industries like car manufacturing. She predicts significant market volatility through 2026, with no clear direction until potential changes in Federal Reserve policies, such as reducing interest rates. Brandi Jo concludes by expressing her belief that lowering taxes and the cost of money could lead to a prosperous future for America.
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