In less than two weeks, President Trump’s reciprocal tariffs designed to match tariffs imposed on US goods are expected to go into effect.
The question is: Is the market ready?
On a new episode of the Capitol Gains podcast, Yahoo Finance’s Ben Werschkul highlighted the market anxiety around this particular tariff plan. The lack of clarity around tariffs has swung back into focus for investors this week after the Federal Reserve held rates steady as expected.
The reciprocal tariff plan “can be whatever Trump wants it to be,” Werschkul said, noting that one market watcher expects some tariff rates to be as high as 50%, which could come as a shock. Trump, it seems, calls this “flexibility”
“They can move the levers however they want, and on April 1 and April 2, … we’re going to get these numbers, which I think are going to be really surprising to a lot of folks,” Werschkul said.
Watch the full episode of Capitol Gains below:
