Stock Price Reactions to Trump Tariff Announcements (2015-2025): An Event Study of U.S. Export-Oriented Firms
This thesis examines how heterogeneous U.S. firms respond to trade policy announcements issued by President Donald Trump during his two administrations (2017–2021 and from 2025 onward). The results imply that among the 144 firms studied, export-oriented firms were more negatively affected by the trade policy announcements chosen for this study than non-export-oriented firms. These findings are con
