Jeremy Siegel Predicts Stock Market New Highs After Temporary China Tariffs Lifted
Wharton professor Jeremy Siegel believes recent China tariffs imposed by Donald Trump are temporary. The market expert predicts stocks could surge to new highs once trade tensions ease, citing AI investment boom and Federal Reserve policy.
Economist Jeremy Siegel has declared that President Donald Trump’s recent tariffs on China are temporary measures, predicting the stock market could surge to “new highs” once these trade restrictions are lifted. The Wharton finance professor’s analysis comes after Friday’s significant market sell-off triggered by Trump’s announcement of additional 100% tariffs, which caused the S&P 500 to experience its steepest decline since April.