Donald Trump has been voicing concerns about how countries like Japan, China, and Germany have taken advantage of soft U.S. trade policies for years. Now, in his second presidential term, Trump is acting on his intuition and promises to his voters to hit countries back with retaliatory tariffs and return America to the manufacturing powerhouse it once was.
Thus far, Wall Street is taking a dim view of the tariff policy. Though the market action has been ugly in reaction to the tariffs in the short-term, are investors overreacting?
This post originally appeared at Zacks.