As President Donald Trump ramps up his trade war rhetoric, Wall Street remains largely unfazed, with investors viewing it more as political posturing than actual policy.So far this week, Trump has sent letters to 20 countries threatening new tariff rates and pressuring global leaders to manufacture goods in the U.

Wall Street gave up gains Friday after President Donald Trump hit Canada with a fresh 35% tariff and promised more across the board. This came just a day after the S&P 500 set a brand new all-time high.

Trump insiders maintain that it would make little sense — politically or from a policy standpoint — for the president to offer any further extensions on trade.

Wall Street Has Faith in the TACO Trade. That’s Looking Less Wise. Stocks have clawed their way to another record high this week as investors continued to extend increasingly precarious bets on trade.