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Trump's Report Card: Market Shockwaves Before State of the Union

Yahoo Finance •
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Conservative analysts deliver a scathing assessment of Trump's economic policies ahead of his State of the Union address, citing stalled trade deals and regulatory rollbacks. The report, released by the Heritage Foundation, criticizes the administration's failure to secure reciprocal trade agreements with key partners like Mexico and Canada, warning of long-term damage to U.S. manufacturing competitiveness. Market volatility spiked Monday as investors reacted to the scathing critique, with automotive and agricultural sectors seeing sharp declines amid fears of retaliatory tariffs. 2024 election cycle dynamics now hinge on Trump's ability to address these economic vulnerabilities while maintaining support from his base.