On April 2, President Donald Trump unveiled a 10% baseline duty on all goods flowing into the United States. Several trading partners now face even higher so-called “reciprocal” tariffs, with the tax on imports from China now reaching 54%. Calling it America’s “Liberation Day,” the announcement has rattled global markets and cast a shadow of a looming trade war.
Amid the turbulence, the broader stock market may wobble, but consumer staples are expected to weather the storm. Their steady demand and firm pricing power offer a safe harbor in choppy waters. Standing tall in this scenario is Anheuser-Busch InBev (BUD), the global brewing giant behind Bud Light and Beck’s.
