🔍 Trump’s Tariffs: Which Stocks Could Stay Strong or Benefit?

An overview of stocks that could hold up, or even benefit from Trump’s new tariffs.

This Wednesday, President Donald Trump announced new tariffs as part of what he called "Liberation Day." These new tariffs add a 10% tax on almost all imported goods, with significantly higher rates for many countries. For example, imports from China now face an extra 34% tariff on top of the previous 20%, bringing the total tariff to 54%. Goods from the European Union are taxed at 20%, while imports from Vietnam are now have a 46% tariff. The goal is to boost U.S. manufacturing and cut down on foreign supply chains.

However, many economists warn these moves could lead to higher consumer prices, damage trade relationships, and potentially push the U.S. and global economy into a recession.

The stock market reacted quickly. The S&P 500 fell 4.8% on Thursday, the day after the announcement. The Dow Jones dropped 3.98% and the Nasdaq tumbled even harder, 5.41%, with tech and consumer-focused stocks taking the biggest hit due to their heavy use of global supply chains.

With these big changes, it's important to look at which companies may be less affected by the tariffs, or could even benefit.

Find below a list of stocks we believe could hold up or benefit, exclusively available for our paid members.

10 stocks that could hold up or benefit from the tariffs

Some companies, especially those that manufacture in the U.S. or don’t depend much on imports, could better weather the storm: