In a shocking power move, Donald Trump has slammed a 34% tariff on Chinese imports, raising the total tariff burden to a staggering 54%!
China didnāt stay silent ā they've fired back with fresh tariffs targeting U.S. oil, coal, agricultural machinery, and automobiles.
Trumpās response? Ice cold:
āThereās no rush to talk with Xi.ā
Is China starting to feel the pressure? Markets think so ā and the tension is electric.
MARKET ON EDGE: ALL EYES ON JEROME POWELL TONIGHT
Markets are down ~6% amid the chaos. The big question: Can Powell calm the storm?
Tonightās Crucial Lineup:
ā° 8:30 PM ā Non-Farm Payrolls Report:
⢠A spike in unemployment? Rate cuts could be on the table = bullish for markets.
ā° 11:25 PM ā Fed Chair Powell Speaks:
⢠90% chance he throws a lifeline to shaky markets.
⢠Stocks and crypto could bounce hard if he reassures.
⢠Smart money is loading up on low-multiple contracts.
⢠Cautious investors are holding tight, waiting for the signal.
Make no mistake ā tonight could shift the entire market narrative.
Trade war. Rate cut hopes. Powellās words.
Stay sharp. Stay strategic.
#TrumpTariffs #MarketCrashOrRally #PowellWatch #CryptoStrategy #Write2Earn