President Trump’s tariffs have caused havoc across various sectors and asset classes, as investors, businesses, and organizations try to react to the changes. The set of winners and losers has certainly changed, and predictions are in question. The energy sector is one of those sectors whose future may now be in question.
After potentially being one of the best picks for a Trump Presidency, the energy sector has been hit hard over the last month as tariffs and pending economic slowdowns hit oil prices. The question for investors is whether this is the start of another major downturn for the sector and the end of the halcyon days.
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