A lot of Democrats are whining and complaining about Trump's tariffs. I haven't seen the claim elsewhere so I will make it here.
What Democrats fear is that tariffs will function exactly as Trump claims, creating a manufacturing boom that will produce tons more jobs and wage gains for the blue collar workforce. When this happens the blue collar is going to vote for whoever will continue Trump's policies, including his tariffs. Thus, Democrats will be in a hurt.
If I were a market player (I'm not), I would have sold big before Trump announced the tariffs - it wasn't a surprise - and tomorrow be looking to buy back in selectively. What happened was predictable and there was money to be made in trading actively.
