Evening Edition: Markets React To Tariff Announcements
Apr 03, 2025•20 min
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Episode description
All three major indices fell sharply after President Trump announced his massive tariff plan. President Trump set a new 10-percent baseline tariff on imports and added a “reciprocal tariff” on certain countries for conducting nefarious business practices. The announcement also rippled through world markets causing concern of a global downturn.
FOX’s Jared Halpern speaks with Gary Kaltbaum, President of Kaltbaum Capital and Fox News Business Contributor, who says the markets could stabilize when investors have a clearer picture of the policies.
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