Navigating Tariffs: Historical Context and Future Investment Effects
By TRG Advisors on April 11, 2025
On April 5th, the U.S. imposed a minimum 10% tariff on all imports, with higher reciprocal tariffs on countries with the largest trade deficits with the U.S., starting April 9th. Following the Trump administration’s announcement, Canada, China, and the EU responded with their own tariffs on U.S. goods. As the trade war headlines continue to evolve, it becomes increasingly challenging to track market developments and understand their impact on consumer spending.
We invite you to read our white paper, “The Evolution of Tariffs: The United States’ Historical Implementation, Economic Impacts, and Maintaining Emotional Resiliency,” to learn more about tariffs, their historical impact, and how to be resilient during economic uncertainty.
Lastly, we recognize that the constant updates on tariffs can be overwhelming, and policies can shift rapidly. Rest assured, we are here to listen and offer guidance to help you stay aligned with your goals.