Cathie Wood: Trump may adjust tariff policies for the mid-term elections in the future.

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BlockBeats news, on April 5, Cathie Wood, founder and CEO of Ark Investment Management, warned on Friday that Trump's new tariffs could push the U.S. economy into recession. Speaking about the uncertainty brought by these measures, she said: "The market is in quite a bit of turmoil, and these policies could lead the U.S. into a recession. We know how he calculates reciprocal tariffs, but it doesn't seem to make much sense. We are at the eye of the storm. However, if Trump cares about his political legacy - and we know he does - or cares about the midterm election campaign season starting this fall, then the final phase of this rolling recession will give him and the Federal Reserve (FED) more leeway to adjust policies." (Jin10)

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