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  • 8 months ago
A federal appeals court paused a lower court’s block on President Trump's tariffs on Thursday, allowing the administration to continue collecting key tariffs during its appeal, according to Benzinga. Adam Turnquist of LPL Financial said the latest trade policy development increases uncertainty around U.S. tariff rates and delays clarity for investors. Turnquist said markets dislike uncertainty and noted that the trade uncertainty index peaked when stocks hit their lowest point last month. He warned that trade policy ambiguity often drives higher volatility, meaning investors should brace for continued market turbulence until there is more clarity.

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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Federal appeals court paused the lower court's block on President Trump's tariffs on Thursday,
00:07allowing the administration to continue collecting key tariffs during its appeal,
00:11according to Benzinga. Adam Turnquist of LPL Financial said the latest trade policy development
00:16increases uncertainty around U.S. tariff rates and delays clarity for investors.
00:21Turnquist said markets dislike uncertainty and noted that the trade uncertainty index peaked
00:25with stocks at their lowest point last month. You warn that trade policy ambiguity often drives
00:31higher volatility, meaning investors should brace for continued market turbulence
00:34until there is more fair. For all things money, visit Benzinga.com slash GSTV.
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