Wall Street reacts to President Trump’s trade tariffs plan

President Donald Trump’s campaign to reach fair trade deals with the international community, as expected, hit American consumers with “short-term” pain this week, as stocks measured by the S&P 500, Nasdaq and the Dow Jones Industrial Average all bumped down by a couple of points on the release of his tariff plan.

Trump’s extensive tariff agenda includes tariffs for foreign goods imported into the United States that align with tariffs those nations charge for American goods delivered to their citizens.

Analysts have confirmed that the short-term pain is real, but the plan is for the end result to be a better market for American products and American consumers.