Trump’s tariff threats are shaking up everything

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Kenny breaks down the latest financial news shaking Wall Street: Trump ignites fresh uncertainty with threats of 100% tariffs on the film industry and Big Pharma, sending stocks lower and investors scrambling.

As buyers pull back and sellers grow anxious, the Saudis fuel the fire by announcing a surprise June oil production hike. Meanwhile, bond yields rise, gold surges, and all eyes turn to the Federal Reserve’s FOMC meeting.

Will Jerome Powell hold the line or hint at a shift? Plus, a quick macro rundown, sector performance, and today’s trade talk from the Milken Conference.

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