Stocks Retreat on Tariff Fears; Powell Faces New White House Scrutiny | Bloomberg Brief 7/14/2025
Lucian Nemoiu
Stocks dip after President Donald Trump continues to insist on wielding his tariffs, provoking further uncertainty on where his rates may settle and which countries may cut a trade deal. Fed Chair Jerome Powell's job is cast into further doubt amid criticism from Washington. Elon Musk suggests Tesla shareholders will be polled on investing in xAI. Isabelle Mateos Y Lago of BNP Paribas says investors should begin to see tariff impact showing up in inflation data ahead of a fresh read on US CPI
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