Alan Knuckman for Fox News: Trade Talk Impact
Alan Knuckman, an editor for St. Paul Research, appeared on Fox News to discuss the impact of the 25% tariff increase on trade-related stocks.
“I don’t think this changes the equation that much… Yes, the points seem scary but in percentage terms, we’re down 1.75% today, not really that significant,” said Knuckman. “Now, when we’re talking about the Trump world and the way things are unconventionally negotiated… let’s be prepared for anything.”
Knuckman additionally addressed the impact of trade talk delays on U.S. companies that have exposure to China and believes that there could be some pushback if this drags out over time but overall thinks the markets will bounce back.
Find the full broadcast here.
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