📋 Video Summary:

President Trump just announced tariffs against Canada, Mexico, and China that will go into effect this week, which has sent the stock market sharply lower. I have received multiple emails from clients over the past 24 hours, all asking the same question:

“With the Trump tariffs that were just announced, should we be going to cash?”

Investors have to remember that we have seen Trump’s tariff playbook during his first term as president between 2017 and 2020, but investors' memories are short, and they forget how the stock market reacted to tariffs during his first term. While history does not always repeat itself, today we are going to look back on how the stock market reacted to the Trump tariffs during his first term, how those tariffs compare in magnitude to new tariffs that were just announced, and what changes investors should be making to their investment portfolio.

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Contact Michael Ruger with Questions: 518-477-6686 or mruger@greenbushfinancial.com
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---------------------------
0:00 Intro
1:00 Trump Tariffs 20187 – 2020
1:33 Stock Market Reaction
2:38 Magnitude of Current Tariffs
3:50 U.S. Unfair Advantage
4:20 Investor Action


#michaelruger #greenbushfinancial #trumptariffs