#TrumpTariffs Trump Issues Global Tariff Update
๐๏ธ Early Monday, former President Donald Trump announced on his social media platform that the U.S. will begin receiving tariff letters and agreements ๐ from countries around the world starting at 12:00 P.M. on July 7th โฐ.
โ ๏ธ In a follow-up statement, Trump warned that any nation siding with BRICS ๐ in an anti-American stance will face an additional 10% tariff ๐ฐโwith no exceptions ๐ซ.
๐ Meanwhile, market traders are now pricing in a 70%+ chance that the Federal Reserve ๐ฆ will cut interest rates in September, with expectations of at least two 0.25% cuts before the year ends ๐.