Wall Street has just wrapped up one of its most volatile weeks in years, with investors rattled by Donald Trump’s sweeping new tariffs on global imports. The fallout? Trillions wiped from US stock markets—the S&P 500,

The organization cut its 2025 forecast for the economy’s growth to 1.8% from 2.7% in January out of concern over Trump’s tariffs.

What exactly does President Donald Trump want tariffs to accomplish? There hasn’t been a single cohesive narrative from the White House about what Trump ultimately hopes his tariffs will achieve, and with the president’s attempt Tuesday afternoon to walk back from the brink of his all-out trade war with China,