Here's a puzzling question: Why are stocks at record highs despite looming tariffs?

Jul 27, 2025 - 16:00
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Here's a puzzling question: Why are stocks at record highs despite looming tariffs?
President Trump holds up a report outlining foreign trade barriers while announcing steep tariffs on April 2.

President Trump's tariffs could hit the economy badly and lead to higher inflation. But Wall Street investors are reacting by sending stocks to record highs.

(Image credit: Chip Somodevilla)

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