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Fortune

Jason Ma

Why Trump’s reciprocal tariffs may actually be a positive sign for Wall Street

Donald Trump United States America Ed Yardeni Canada

(Credit: Andrew Harnik—Getty Images)

President Donald Trump pledged to impose tariffs on steel and aluminum while also vowing to impose more duties soon after that. But so-called reciprocal tariffs may be a sign that even harsher measures may be off the table.

Wall Street brushed aside President Donald Trump’s latest tariff threats as stocks rallied despite his plans to target key industrial metals and impose retaliatory duties.

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