#HODLTradingStrategy The U.S market make experience extreme fluctuation on 9 july 2025 due to the impending tariff implementation . Here what happening . .
Tariff Details
- The US is set to reinstate reciprocal tariffs ranging from 11% to 50% on countries that haven't reached a trade agreement.
- These tariffs affect various goods, including steel, aluminum, cars, and auto parts.
- Some countries, like the UK, have a 10% tariff quota for 100,000 vehicles, while others, like China, face a base tariff of 30% and effective tariff rates up to 55%.
Potential Impact
- The market might react strongly if trade agreements aren't finalized by July 9, potentially leading to market volatility.
- Countries like Canada and Mexico are working to finalize new trade deals with the US to avoid steep tariff hikes.
- The US-China trade relationship remains tense, with high tariffs and anti-dumping countermeasures in place.
Market Watch
- Keep an eye on trade negotiations and tariff announcements, especially regarding major trading partners like China, Canada, and the EU.
- The US S&P 500 and Nasdaq indices are currently experiencing slight declines, but market trends may shift rapidly depending on trade developments ¹.