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#WalletConnect Global financial markets have recently been significantly affected by policy fluctuations, showing a unique pattern of volatility. Even Wall Street coined a new term - "TACO trading" - to describe the phenomenon of market decline after a political figure announces high tariffs, followed by market recovery due to policy easing. Last Friday, threats of imposing tariffs of 50% on goods from the European Union led to a market decline. However, just two days later, it was indicated that talks with the President of the European Commission were positive, and the deadline for the agreement was extended until July 9, leading to a rapid market recovery.$WCT
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