What Trump’s Tariffs Mean for Mortgage Rates
Donald Trump
L ast week, after President Donald Trump’s introduction of his “Liberation Day” tariffs, the global and U.S. stock markets took a major hit, as Wall Street slumped and the U.S. dollar dipped. As Trump introduced a blanket 10% tariffs on all imported goods, and additional import taxes placed on 60 other countries, last week saw the worst week for U.S. stocks since the markets crashed in 2020 during the COVID-19 pandemic. The Dow Jones average closed on Friday, April 4, 2,000 points down, the S&
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