Cathie Wood： Trump may adjust tariff policies for midterm elections in the future

BlockBeats News: On April 5th, Cathie Wood, founder and CEO of Ark Investment Management, warned on Friday that Trump's new tariffs could push the US economy into recession. When talking about the uncertainty brought about by these measures, he said, "The market is in considerable turmoil, and these policies may push the United States into recession. We know how he calculates equivalent tariffs, but it doesn't seem to make much sense. We are at the center of a storm. But if Trump cares about his political legacy - we know he cares - or about the midterm election campaign season that will begin this fall, then the last period of this rolling recession will give him and the Federal Reserve more freedom to adjust policies