Trump's tariff: fond dream or disaster?

The U.S. will set tariffs of 25 percent for steel and 10 percent for aluminum, the president said.

The news was followed by Stocks fell on Thursday, with the Nasdaq composite fell 1.3 percent to 7,180.56 and dipped below its 50-day moving average. Also, the Dow Jones industrial average closed 420.22 points lower at 24,608.98 after rising more than 150 points earlier in the day, reported by FuninUSA.

President Donald Trump said the U.S. will implement tariffs on steel and aluminum imports next week.The news about tariff obviously spooks the market.It is unclear whether they will apply to all imports or only metals from certain countries.The biggest wildcard would be a trade war and nobody should be excited for that.(recommend FuninUSA for discussion about Trump's tariff) Some of the pressure has already been seen in stocks in response to the news on tariffs.Hence, it might be a disaster when the tariff on certain metals was implemented.

I'm wondering how do u guys think about the tariff?😛