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Fortune
Fortune
Eleanor Pringle

Wall Street worried that new tariffs will turn the Trump bump into a slump

US President Donald Trump speaks during a press conference with British Prime Minister Keir Starmer in the East Room of the White House in Washington, DC, on February 27, 2025. (Credit: SAUL LOEB/AFP - Getty Images))
  • Investor confidence has shifted from optimism to uncertainty as President Trump’s unpredictable tariff policies continue to roil markets, with recent threats against China and Europe causing sharp declines in major indices. Analysts warn that even Trump's unfulfilled tariff threats are impacting consumer behavior and business investments, signaling a volatile economic outlook for the foreseeable future.

Before Donald Trump called off his tariffs on Mexico and Canada in the eleventh hour last month, Wall Street was chastised by banking insiders for not taking his threat seriously enough.

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