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Trump is 'dead serious about protectionism and tariffs,' says analyst

Kellie Ell

President Donald Trump announced another round of tariffs Tuesday, causing the market to fall during Wednesday's trading session. Michael LaBella of QS Investors says it's clear now that the president is not bluffing in his trade negotiations. "What we do know now is President Trump is dead serious about protectionism and tariffs," Michael LaBella, equity strategist at QS Investors, told CNBC.