Trump announced that Vietnam will impose a 20% tariff on exports to the United States, causing the "Trump Tariff Losers Index" to shift from an increase of over 1.6% to a decrease of 0.2%. Among the component stocks, Rivian fell over 2.4%, Five Below dropped 2%, Coach declined 1.6%, Mattel decreased 0.5%, and Gap fell 0.2%. In contrast, 3M and Dollar Tree rose 0.4%, while Wayfair increased by 5.04%
Trump announced that Vietnam will impose a 20% tariff on exports to the United States.
The "Trump Tariff Losers Index" reversed from an increase of over 1.6% to a decrease of 0.2%. Component stock "Tesla rival" Rivian fell over 2.4%, Five Below fell 2%, Coach fell 1.6%, Mattel fell 0.5%, Gap fell 0.2%, 3M and Dollar Tree rose 0.4%, Wayfair rose 5.04%