As President Donald Trump’s tariffs escalate global trade tensions, US consumers and investors face new challenges. Markets have been volatile, with the S&P 500 retreating from its February peak. Experts suggest diversifying portfolios with international exposure to mitigate risks. Additionally, some advise accelerating major purchases, such as cars or electronics, to avoid anticipated price hikes. The tariffs threaten to increase costs across various sectors, including electronics, automobiles, footwear, and groceries, impacting both personal budgets and investment strategies.
— new from Bloomberg.com
