Trump's Tariffs Impact 401(k)s
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tariffsCBS News
•Business
Business & Economics
Trump says tariffs will cause "a little disturbance." Here's what that could means for your 401(k).
85% Informative
Workers exposed to 401(k) plans should brace for more investment volatility, experts say.
The S&P 500 has lost about 3% of its value since Friday .
The market reaction reflects investor concerns that a trade war could crimp U.S. economic growth and reignite inflation.
Investment experts say it's important to keep a long-term view on the U.S. economy.
"An economic growth scare is not the same thing as a recession," says State Street's Michael Arone .
The Trump administration uses the economy and stock market as barometers for its success, he says.
VR Score
88
Informative language
87
Neutral language
72
Article tone
semi-formal
Language
English
Language complexity
55
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
4
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