Wharton Professor: US Market Can Handle China Tariffs, Growth Possible

**US Market Can Withstand Current China Tariffs, Wharton Professor Claims** The United States' ongoing trade tensions with China have raised concerns about market stability. However, Jeremy Siegel, professor emeritus of finance at the University of Pennsylvania's Wharton School, recently offered a reassuring perspective. In an interview with CNBC, Siegel stated that the market can successfully navigate the current tariff landscape, which includes a 10% base tariff and a 30% tariff on goods from China. "If it doesn't get worse, I think there's no reason we can't push to new heights," Siegel confidently asserted. Siegel's analysis acknowledges that certain sectors, like aluminum and steel (facing 50% tariffs), might experience challenges. However, he maintains that the overall market possesses the resilience to absorb the existing tariff pressures. His statement provides a counterpoint to more pessimistic assessments of the trade war's impact and suggests a potential for continued market growth if no significant escalation occurs. The professor's expertise and reputation lend considerable weight to his optimistic outlook. This viewpoint is particularly relevant given the ongoing debates surrounding trade policy and its effects on global markets. Siegel's comments offer a valuable counterbalance to the prevailing anxieties and highlight the market's potential for adaptation and growth.