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Wall Street is fed up with Trump's tariffs. Stocks are off to their worst start to a year since 2022

Wall Street's frustration with former President Donald Trump's tariff policies has been reignited as stocks experience their worst start to a year since 2022, with the S&P 500 dropping 1.6% in the first week of 2024. The renewed focus on tariffs stems from Trump's proposal to impose a 10% tariff on all imports if re-elected, a policy that investors fear could lead to higher inflation and slower economic growth. This concern is compounded by the anticipation of the Federal Reserve's potential interest rate decisions, as investors worry that tariffs could force the Fed to maintain higher rates for longer to combat inflation. The combination of these factors has led to increased market volatility and a cautious outlook among investors, who are also grappling with other economic uncertainties such as the upcoming presidential election and geopolitical tensions.

Read the Full CNN Article at:
[ https://www.msn.com/en-us/money/markets/wall-street-is-fed-up-with-trump-s-tariffs-stocks-are-off-to-their-worst-start-to-a-year-since-2022/ar-AA1C0kyI ]