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Trump's Trade War May Be Wiping Out Stock Market Gains Made From His Big Tax Cut

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US trade policy appeared to have had limited impact on profit growth in 2018. But according to Business Insider, investors are becoming more worried about 2019. Recently, many companies have begun detailing how badly they expect tariffs to hurt their bottom lines. The trade war had worsened a sell-off that wiped the stock market's gains for 2018. It now threatens to undo the positive effects of tax cuts. And U.S. President Donald Trump rarely brags about the stock market anymore.

Added on the 03/11/2018 17:25:02 - Copyright : Wochit

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