My “Preferred” Path Through the Tariff Minefield (Yields Up to 10.5%)

President Trump has been talking about tariffs since 1989 , when he advocated for a 15% to 20% tax on imports from Japan because of unfair trade practices. This is how he describes Canada, China, Mexico and Europe today. Trump has already imposed a 10% levy on Chinese imports. Meanwhile, Mexico and Canada have secured a 30-day reprieve from planned 25% tariffs, contingent upon their commitments to bolster border security and curb the flow of illicit drugs into the United States. More tariffs are coming. Trump says he is willing to take the short-term pain for potential benefits. We contrarians don’t have to grit our teeth and suffer with stocks that are suddenly tariff losers.… Read more