Starting with the Trump administration’s tariff announcement on April 2, markets began a roller-coaster ride as companies, investors, and consumers assessed how the newly implemented and planned tariffs would affect every aspect of the economy.
The 90-day pause of reciprocal tariffs on April 9 (excluding China) provided some breathing room, but several new tariffs remain in effect, including on cars, steel, and aluminum — as well as a new 10% global tariff. While almost every facet of the economy will feel the effects of President Donald Trump’s tariffs, at a sector level, the severity of the impact will vary
In this report, we dive into the macroeconomic ramifications and sector-by-sector impacts of Trump’s tariffs, using expert interviews and complementary insights from within the AlphaSense platform.
