Trump’s threat to impose 100% tariffs roiled markets Friday, and clearly, if implemented, would send stocks much lower. But this may also be the last salvo before a final deal is worked out. Note the effective date: November 1. Two to three weeks from now. This is very unlike other tariff threats, which were immediate or effective within a few days. This indicates that Trump is fishing for a final deal, using the tariff as a bargaining chip.
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