Expert weighs in on market volatility following Trump tariffs
5 Articles
5 Articles
Tariffs and volatility spark major economic concern
SPRINGFIELD, Mass. (WWLP) - We are hearing from local economic experts after another day of volatility on Wall Street. This comes as worries over the Trump administration's global tariffs continue to cause uncertainty for investors. According to AIC professor John Rogers, it is likely that this market volatility could lead the country into a recession and that inflation could be exacerbated by the dollar weakening as a result. Rogers adds that i…
Chicagoland Chamber of Commerce President Jack Lavin Discusses Impact of Tariffs on WTTW’s “Chicago Tonight” - Chicagoland Chamber of Commerce
Jack Lavin, President and CEO of the Chicagoland Chamber of Commerce, joined WTTW’s Chicago Tonight to share the business community’s concerns over the newly announced global tariffs and their potential economic consequences for Illinois and the nation. When asked about the Chamber’s reaction to the tariffs, Lavin was clear in his criticism. “We feel that imposing blanket tariffs is not the way to go,” Lavin said. “It was poorly planned and diso…
A Monday full of panic and volatility against Trump's tariffs: what happened?
The world exchanges deepened losses during the session - opening and closing - on Monday, after U.S. President Donald Trump announced - last Wednesday - higher tariffs than expected and that China responded with tariffs of 34% to U.S. imports, a figure similar to that imposed by the U.S. president. As a result of these measures, since last Thursday, Wall Street suffers sharp falls. On April 4 had its worst day in 5 years and by Friday of the sam…
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