Trump Keeps Everyone Guessing About Tariffs

Nathan Dean: “I can’t recall the last time when so many people around the world were waiting for a White House announcement where no one seems to know what exactly is going to be announced.”

“But here’s what we at Bloomberg Intelligence think. There are tariffs coming on Wednesday, and President Trump has hyped it too much for his Rose Garden announcement to be inconsequential. And while some investors still may question whether this is a ‘boy cried wolf’ scenario, we are telling clients they need to be ready for it — with the possibility of more to come.”