By Jamie McGeever

ORLANDO, Florida (Reuters) -TRADING DAY

Making sense of the forces driving global markets

By Jamie McGeever, Markets Columnist

U.S. stocks slid on Tuesday in a wave of profit-taking from the previous day’s highs, as investors digested cautious remarks from Federal Reserve Chair Jerome Powell and data that showed U.S. business activity slowing for a second straight month.

In my column today I look at who is paying the record tariffs swelling U.S. Treasury coffers. So far, U.S. companies have taken the pain, but that burden is expected to shift to consumers. Will they be willing – or able – to “eat the tariffs”?

If you have more time to read, here are a few articles I recommend to help you make sense of what happened in markets today.

Today’s Key Market Moves

Today’

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