ImageImageGlobal markets are mostly lower ahead of President Trump’s big tariffs rollout today, but it’s not the tumult that has rocked stocks in recent weeks.
S&P 500 futures are holding steady, in the red, as economists warn that Trump’s protectionist policies could set off a global trade war that slams growth and raises prices.
Business leaders and policymakers are on tenterhooks over what the president might introduce this afternoon. As of yesterday, Trump’s team was still debating what the reciprocal tariffs would look like, Bloomberg reports.
The big questions: Will they involve a blanket flat rate — say, a 20 percent duty? Will the levies be tailored by country, with those running the biggest trade surpluses to the U.S. seeing the biggest hit? Or will it be a tiered system in which targets are put into a bad or a worse category?
Adding to the confusion, the White House says the tariffs would go into effect immediately, but also that the president was open to negotiating.
The uncertainty has forced companies to scramble. Mercedes is weighing whether to pull some cheaper models, like the GLA sport utility vehicle, from the U.S. market, as a round of auto tariffs — set to go into effect tomorrow — challenge the company’s profitability,66cassino Bloomberg reports. And Sandoz, the European pharma giant, has warned that the trade war could drive up health care costs and crimp drug availability.
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On Friday, Ms. Harris will stop along a stretch of that 2,000-mile dividing line in the political battleground of Arizona, directly confronting an issue that polls show remains a major weakness for her. It will be her first visit to the border as a presidential candidate, and her first since 2021, when she was given the diplomatic mission of tackling the root causes of migration from Guatemala, Honduras and El Salvador.
But they have serious flaws. Weight gain, a common side effect, contributes to a high rate of cardiac disease and early death among people with schizophrenia. And many patients stop taking the medications, complaining that they leave them sluggish and unmotivated.
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