Veteran fund manager sounds alarm on corporate-profits outlook
Here’s what could happen to the market.
The markets are on edge again following President Donald Trump's announcement of a 25% tariff on all autos and auto parts imported into the U.S., effective April 3.
The White Rental expects the switch to generate about $100 billion of income, but traders are skeptical. The stock indexes declined and a form of automakers' part prices absorb been decrease.
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