- The escalating US-China trade war, threats of tariffs on all Mexican goods coming into the US, and a weakening economy has sent stocks sliding from their highs.
- The market could see a “Trump slump” if agreements aren’t reached with China and Mexico, according to Ed Yardeni of Yardeni research.
Source: Trade wars, tariffs, and a slowing US economy could cause a stock-market ‘Trump slump’