#TrumpTariffs #TrumpTariffs

Attention traders!

Today Donald Trump is resuming trade tensions — the administration has started sending out "notification letters" about the introduction of new tariffs (10–70%) for 12–15 countries, especially on BRICS, starting from August 1. The first wave of notifications will be sent out from July 7, and the final tariffs will take effect on August 1 — unless the countries reach an agreement earlier.

For the markets, this is a signal of volatility: metallurgy and raw materials are already reacting with increased activity — there is a record volume of transactions on the LME. The main risk is that new duties will hit import prices and may intensify inflationary pressures. Overall, it is important to closely monitor the progress of negotiations with the EU, India, and Japan: successful deals could mitigate the effect, but prolonged negotiations may increase pressure. Positions in metals, ETFs, and currencies require enhanced risk management.