Tariff's reciprocal tariffs were announced last week, with the 10% base tariff going into effect last Friday. The news sent the market into a tailspin, the S&P 500 has almost entered bear territory, 401ks are losing dramatic value, billionaires lost billions, and no one is happy. Except for Trump and his own personal Rasputin, Peter Navarro, the architect behind Trump's tariff plan and trade wars. How did we get here, and WHY? WHAT IS UP WITH THAT WEIRD FORMULA?
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