1. United States
2. Ill.
3. Letter

President Trump's recent decision to impose steep tariffs on Chinese goods sparked significant market volatility and uncertainty. However, the exemption of smartphones, computers, chips and other key technology products from these tariffs provides some relief to major tech companies reliant on Chinese manufacturing. Nonetheless, the abrupt shifts in trade policy have roiled markets, with the S&P 500 plunging over 5% and Treasury yields spiking dramatically in the aftermath of the initial tariff announcement. While the exemptions offer a reprieve for the tech sector, broader economic stability remains at risk from the whiplash of rapidly changing trade policies. To restore confidence and insulate the markets from such upheaval, comprehensive legislative action is needed from Congress. Clearly defined and predictable trade frameworks, negotiated through proper legislative channels, would prevent the kind of chaos and market turbulence currently being experienced. Intervention from Congress is imperative to provide lasting tariff structures and rules of engagement that safeguard American economic interests without subjecting businesses and investors to rollercoaster policy shifts.