What to Do With Your Money Right Now as Tariffs Reshape Markets
US consumers and investors are in a tough spot as stocks plunge across the globe, recession odds surge and higher prices loom for a wide swath of products.
Consumers could see higher prices on a host of goods as tariffs hit across the globe.
Photographer: David Paul Morris/BloombergTakeaways NEW
US consumers and retail investors are under pressure as President Donald Trump’s tariffs fuel a global trade war that is tanking markets and threatening to drive up prices for everything from electronics and cars to sneakers and groceries.
In recent weeks, as the S&P 500 slipped from an all-time high in February, the general wisdom was that investors should add international exposure to their portfolios. And, as tariffs loomed, some experts advocated for speeding up big purchases — buying a car now, for example, before prices surge.