Trump sends mixed signals on exemptions as ‘Liberation Day’ reciprocal duties loom

In less than two weeks, President Trump’s reciprocal tariffs designed to match tariffs imposed on US goods are expected to go into effect.

The question is: Is the market ready?

On a new episode of the Capitol Gains podcast, Yahoo Finance’s Ben Werschkul highlighted the market anxiety around this particular tariff plan. The lack of clarity around tariffs has swung back into focus for investors this week after the Federal Reserve held rates steady as expected.

The reciprocal tariff plan “can be whatever Trump wants it to be,” Werschkul said, noting that one market watcher expects some tariff rates to be as high as 50%, which could come as a shock. Trump, it seems, calls this “flexibility”

“They can move the levers however they want, and on April 1 and April 2, … we’re going to get these numbers, which I think are going to be really surprising to a lot of folks,” Werschkul said.

Watch the full episode of Capitol Gains below:

Visited 1 times, 1 visit(s) today

Related Article

Where Will Berkshire Hathaway Be in 5 Years?

Berkshire Hathaway (BRK.A -1.45%) (BRK.B -1.54%) is one of the most closely watched stocks on Wall Street. Its CEO, Warren Buffett, is one of the most followed investors of the modern era. The next five years could be very transformative for Berkshire Hathaway. Here are two potentially large changes to watch for. Berkshire Hathaway had

couldn’t care less if foreign car prices high

Donald Trump has said he “couldn’t care less” if carmakers raise prices after his 25% tariffs on foreign-made vehicles comes into effect. Some analysts have warned that Trump’s charges on businesses importing vehicles could lead to the temporary shutdown of significant car production in the US, increase prices, and strain relations with allies. But speaking

Here’s what Warren Buffett looks for in growth stocks

Image source: The Motley Fool If history is anything to go by, growth stocks can generate spectacular returns. But it’s not just about how much earnings per share (EPS) are going to increase in future. In the 1977 letter to Berkshire Hathaway shareholders, Warren Buffett identified a key metric for investors to pay attention to.

5 Celebrities Who Own Private Islands

5 Celebrities Who Own Private Islands This is the list of five celebrities who own private islands: 1. Johnny Depp – Little Hall’s Pond Cay, Bahamas Johnny Depp fell in love with the Bahamas while filming Pirates of the Caribbean and purchased Little Hall’s Pond Cay in 2004. This 45-acre island boasts crystal-clear waters, white

Hundreds gather outside Raleigh Tesla dealership to protest Elon Musk

RALEIGH, N.C. (WTVD) — As national protests are set up across the country against Elon Musk at Tesla dealerships, the same group hosted a protest at Tesla’s dealership on Glenwood Avenue in Raleigh. Organizers said they’ve had six protests so far, but the one Saturday afternoon was the largest yet. The group Tesla Takedown is

“Tesla Takedown” protests target billionaire White House adviser Elon Musk

“Tesla Takedown” protests target billionaire White House adviser Elon Musk – CBS Chicago Watch CBS News Hundreds of “Tesla Takedown” protests took place across the U.S., Canada, and Europe on Saturday, including a handful in the Chicago area. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not

Ahead Of His Wedding, Billionaire Jeff Bezos’ Big Yacht Problem In Venice

Amazon founder Jeff Bezos and his fiancée, Lauren Sanchez, are set to marry in Italy’s Venice this year, multiple reports have said. While the city’s romantic canals and historic charm make it a dream wedding destination, even one of the world’s richest people may not get a chance to experience the best views directly from

Venice mayor confirms city will host Jeff Bezos wedding

Venice has confirmed it will host the wedding of Jeff Bezos and Lauren Sanchez, dispelling rumours of widespread disruption. “We are mutually working and supporting the organisers, to ensure that the event will be absolutely respectful of the fragility and uniqueness of the city,” Mayor Luigi Brugnaro said. A statement from the city didn’t specify

Italian city moves to reassure locals and tourists over Jeff Bezos wedding disruption

Sign up to Simon Calder’s free travel email for expert advice and money-saving discounts Get Simon Calder’s Travel email Get Simon Calder’s Travel email Venice has confirmed it will host the wedding of Jeff Bezos and Lauren Sanchez, dispelling rumours of widespread disruption. The city’s statement didn’t specify a date for the nuptials, though Italian

Venice Says City Will Host Jeff Bezos’ Wedding Amid ‘Fake News’

Topline A wedding between billionaire Jeff Bezos and his fiancée Lauren Sanchez will be hosted in Venice, the Italian city said Saturday, as local officials decried “fake news” that claimed the event would feature hundreds of attendees and disrupt locals and tourists. Bezos and Sanchez have been engaged since May 2023. Bruce Glikas/WireImage Key Facts

Most expensive private jets owned by celebrities, each worth hundreds of millions

Most celebrities spend their millions on cars, while some take it one step further by buying private jets. Some private planes are reasonably priced – if spending around $3 million on a plane seems reasonable to you. Others, however, are like supercars of the sky, costing more than $100 million and customized to perfection. Let’s

China eyes teaming up with Japan, South Korea to denuclearize North Korea

China has drawn up a scenario to bolster cooperation with Japan and South Korea over North Korea’s denuclearization in a bid to drive a wedge in the three-way ties between the two Asian neighbors and the United States, Chinese sources familiar with the matter said Saturday. Chinese policymakers share the view that there is a

90s Con back in Hartford for a weekend of nostalgia – NBC Connecticut

On Saturday, for the second day of 90s Con, thousands of fans came together at the Convention Center in Hartford to meet celebrities, reminisce on the past and dress up as their favorite characters from the 90s. Forty-seven celebrities from iconic television shows, movies, hit songs and even the Olympics headlined the event, which brought

7 Celebrities Who Put Their Children Up For Adoption

At an early age, many people are not ready to have babies and some celebrities like Kate Mulgrew and Patti Smith were also not ready to take on that big step. Giving a baby up for adoption can be one of the most heart wrenching and selfless things a parent can do. While it’s not

Trump administration warns European companies to comply with anti-DEI order

U.S. President Donald Trump gestures, before boarding Air Force One as he departs for Florida, at Joint Base Andrews, Maryland, U.S., March 28, 2025.  Kevin Lamarque | Reuters The Trump administration is broadening its anti-DEI campaign to European companies. Government officials have reportedly sent letters to companies in France and the European Union that hold

0
Would love your thoughts, please comment.x
()
x