Tariffs and sweeping DOGE cuts have fueled intense volatility as investors' outlook for markets and the economy in 2025 dims.

Wall Street rose on Friday, but only after careening through another wild day. It was a fitting ending to a brutal week of scary swings dominated by worries about the U.S. economy and uncertainty about what President Donald Trump will do with tariffs.

While the intention may be for foreign countries to pay these tariffs, input tariffs often make life more difficult for domestic manufacturers. This is what makes President Trump's approach to tariffs so unpredictable and potentially dangerous to the U.S. economy and stock market.

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