Wanting a meteor that the tariffs do not lead to inflation

US President Donald Trump announced on Tuesday that copper and pharmaceutical imports would face tariffs of 50% and up to 200% respectively.

After the S&P 500 news, which got several records last week, stopped and closed mostly flat.

Given this, this is a muted reaction to such hefty tariffs, believing that investors either tear Trump’s tariffs as hollow threats, or reducing the consequences they could exert inflation and economics.

Such self -reproach can be a mistake as some observers about the market alert. It also reflects the White House position on the consequences of tariffs that may not be the positions that investors want to take.

On Tuesday, Stephen Miran, Chairman of the Trump Economic Advisers Council, said CNBC “Box for Squawk“What is the chances of tariffs that lead to raising prices are” rare event “as”pandemics either either meteor or anything“

“I don’t mean being contemptuous,” Miran said. “Everything I mean is that prediction is difficult and we should always talk in terms of chances and opportunities.”

There is 0.004% chances for the recording on an asteroid that will fly near Earth in 2023, applying our planet, reports NBC NEWS.

The best and worst performers of the World Stock Markets in 2025 and where they headed

Global actions grew in the first half of 2025, even when US President Donald Trump announced steep tariffs for imports in the United States. MSCI All Country World Index, which measures the performance of more than 2500 shares of both developed and new market stocks, has grown by almost 10% since the beginning of the year to reach a record high level July 4.

“The global trade war, which has begun US, will continue to be a catalyst for this US exploitation,” said Peter Baokwa, Chief Director-General for Bleakley Financial Group.

– Lee In Shan