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More chart analysis and insights on our Telegram 👉 https://trading.capital.com/4qqfjCz The U.S. stock market just saw $1.7 trillion in value erased within hours as renewed tariff threats reignite trade tensions between the U.S. and China. In this video, we break down how tariffs are shaping corporate earnings, why mentions of “tariffs” on earnings calls have hit record highs, and what it all could mean for the S&P 500 going forward. While markets have remained resilient and corporate profits are still near record levels, rising import costs and shrinking stockpiles may soon test that strength. We explore how tariffs could filter through inflation, profit margins, and consumer spending—and whether the impact will be temporary or signal something more lasting. Watch until the end to understand how the trade war of 2025 could influence market trends, investor sentiment, and the global economy. This video is for informational purposes only and does not constitute financial advice. Always conduct your own research or consult a qualified financial professional before making investment decisions. Stay informed and subscribe for more updates on markets, earnings, and macroeconomic developments. *** CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.58% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The material presented in this video is not intended for UK audiences. This material is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided. The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance. To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk. Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Capital Com SV Investments Limited (“CCSV”) is registered in Cyprus with company registration number 354252. CCSV is regulated by Cyprus Securities and Exchange Commission (CySEC) under licence number 319/17. Capital Com Australia Pty Ltd is authorised and regulated by the Australian Securities and Investments Commission (ASIC) under AFSL Number 513393. Capital Com Online Investments Ltd is a limited liability company (company number 209236B) registered in the Commonwealth of The Bahamas and authorised to carry on Securities Business by the Securities Commission of The Bahamas (“SCB”) with licence number SIA-F245. Capital Com Mena Securities Trading LLC is authorised and regulated by the Securities and Commodities Authority (SCA), under licence number 20200000176.