Trump pronounces secondary tariff on Venezuela, eyes narrower set of reciprocal tariffs

In lower than two weeks, President Trump’s reciprocal tariffs designed to match tariffs imposed on US items are anticipated to enter impact.

The query is: Is the market prepared?

On a brand new episode of the Capitol Features podcast, Yahoo Finance’s Ben Werschkul highlighted the market nervousness round this explicit tariff plan. The shortage of readability round tariffs has swung again into focus for buyers this week after the Federal Reserve held charges regular as anticipated.

The reciprocal tariff plan “may be no matter Trump needs it to be,” Werschkul mentioned, noting that one market watcher expects some tariff charges to be as excessive as 50%, which may come as a shock. Trump, it appears, calls this “flexibility”

“They will transfer the levers nonetheless they need, and on April 1 and April 2, … we’re going to get these numbers, which I believe are going to be actually shocking to plenty of of us,” Werschkul mentioned.

Watch the complete episode of Capitol Features beneath: