benzinga.comThere's little doubt the tariff wars have taken a toll on Americans' investment portfolios. And with the markets still in disrepair, nobody knows when stocks will stabilize.
"The situation is volatile, to say the least," said
Doug Carey, a financial advisor at WealthTrace, a retirement planning consumer software company. "President Trump has the final word on how much tariffs will cost because he is using emergency powers, citing the International Emergency Economic Powers Act (IEEPA), passed in 1977. These moves may be struck down in court, but for now, he can use them."
Play The Tariff Game To Your Advantage
Other market experts say there is no clear sign that indicates the end of the tariff drama.
"This situation is not like a typical economic cycle with predictable patterns," said
Julia Khandoshko, CEO at Mind Money, an international brokerage firm. "Instead, it resembles a new phase in global economics — what might one day be known as the ‘Tariff Wars of the 21st Century.'”
Khandoshko believes investors shouldn't wait for an obvious turning point, because one may never come. "Rather than looking for a specific event or announcement, they should integrate tariff risks into their long-term strategy," she said. "This means evaluating how particular companies might be impacted if tariffs are imposed on their goods or services."
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