US planning to exclude sector-specific tariffs on April 2, Bloomberg News, WSJ report

One consequence of Trump’s imposition of trade tariffs could be price inflation in the US

Ed Monk, associate director at Fidelity International, said

Uncertainty around Trump’s tariffs have caused stock markets around the world to wobble, particularly in the US where investors now fear his policies could put the country into recession

Speaking to This is Money, Dan Coatsworth, investment analyst at AJ Bell, said

For UK-based investors, the knock-on effects could be twofold

He added

We’ve already seen share prices fall in popular names like Nvidia, Amazon and Tesla, and that could put a dent in investors’ wealth

He added