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How can you prepare for the impacts of tariffs? | LiveNOW from FOX

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April 3, 2025

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The stock market suffered massive losses on Thursday, just one day after President Donald Trump unveiled his newest set of tariffs.

The S&P 500 dropped 4.8% for its worst day since the pandemic crashed the economy in 2020. The Dow Jones Industrial Average slid 1,679 points, or 4%, and the Nasdaq composite tumbled 6%.

LiveNOW's Josh Breslow spoke about how you can prepare for the impacts of President Trump's tariffs with Mark Hamrick, Senior Economic Analyst and Washington Bureau Chief for Bankrate.

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President Donald TrumpThe SPLiveNOW's Josh BreslowPresident Trump'sWashington Bureau ChiefBankrate SubscribeFOX WhereFOX Follow

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How can you prepare for the impacts of tariffs? | LiveNOW from FOX · Livenow From Fox · Sentinel