#TrumpTariffs
*UPDATE: Trump Delays Tariff Deadline, Market Reaction Expected*
President Trump has postponed the July 9th tariffs deadline to August 1st, providing a 3-week extension for markets to adjust. This move could lead to:
- *Relief Rally*: Potential boost for U.S. equities, commodities, and cryptocurrencies as markets react to the delay.
- *Trade Negotiations*: Increased pressure on counterparties to make progress before the new deadline.
- *Macro Implications*: Extended timeframe for Fed decisions and Q3 guidance, with central bankers and corporates closely monitoring developments.
*Key Watchpoints:*
- Tariff-related comments
- Trade envoy updates
- Market pivot into August
This delay may trigger a relief-driven market surge or increased volatility. Traders and investors should remain adaptable and prepared for potential market shifts.