Well folks, it looks like we may have a good old fashioned trade war on our hands. And the markets are reacting accordingly. Earlier this month, the Trump administrated announced an executive order that placed tariffs on aluminum and steel. The exact details have yet to be hammered out, but what we do know is that the tariffs will be 10% and 25%, respectively. —Sponsored Link— Sell These Stocks Right Now These stocks may look solid — but there is trouble lurking underneath the surface. Just-released free list from Zacks Investment Research reveals the names… Read More
Well folks, it looks like we may have a good old fashioned trade war on our hands. And the markets are reacting accordingly. Earlier this month, the Trump administrated announced an executive order that placed tariffs on aluminum and steel. The exact details have yet to be hammered out, but what we do know is that the tariffs will be 10% and 25%, respectively. —Sponsored Link— Sell These Stocks Right Now These stocks may look solid — but there is trouble lurking underneath the surface. Just-released free list from Zacks Investment Research reveals the names of 220 stocks rated “Strong Sells” to sell immediately. Protect your portfolio — get your FREE copy here. Here’s what StreetAuthority’s Nathan Slaughter had to say about the situation: As the world’s largest steel importer, the U.S. sanctions will be directed at many suppliers, particularly South Korea, China, Brazil and Japan. This bold chess gambit could help struggling homegrown steel manufacturers, whose business fortunes have faded amid a flood of cheap imports. However, it also invites the possibility of retaliation with products that we ship abroad, such as soybeans and liquified natural gas. #-ad_banner-#Tensions are already… Read More