Subject: 25% steel and aluminum tariffs
The market seems to be ignoring the latest Trump tariff threats. I see 3 possible reasons for the ho-hum reaction.
1 - The markets think it is a good idea.
2 - The markets think it is sound and fury signifying nothing.
3 - The markets are beginning to simply ignore Trump because Musk hasn't approved it yet.
I think #2 or #3 is the most likely.