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Markets swing upward as White House signals trade deals, auto tariffs reprieve

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Despite the recent rebound, President Trump's first 100 days in office have been marked by extreme volatility.
In an interview with Fortune, Howard Lutnick, CEO of Cantor Fitzgerald and BGC Partners, discussed the impact of tariffs on the U.S. economy and stock market. Lutnick believes that the tariffs imposed by President Trump on Chinese goods, particularly those affecting Amazon, could lead to higher prices for consumers and potentially slow down economic growth. He also expressed concerns about the ongoing trade war with China, suggesting that it might cause market volatility and uncertainty. Lutnick advised investors to be cautious and consider the potential risks associated with the current trade policies.

Read the Full Fortune Article at:
[ https://fortune.com/article/markets-stocks-howard-lutnick-amazon-tariffs-trump/ ]