Trump tariffs impact global markets
Global Trade Tensions Rise
25% tariffs announced on Japan and South Korea with implementation delayed until August 2025
Additional threats target BRICS-aligned countries (40% on Laos/Myanmar, 30% on South Africa)
Markets reacted negatively with both traditional assets and cryptocurrencies declining
Bitcoin dropped 0.79% while Ethereum fell 2% amid broader risk-off sentiment
Market Implications
Safe-haven assets strengthened (US dollar, Treasury bonds)
Export-dependent sectors face heightened risks
Commodity markets experiencing volatility due to supply chain concerns
Traders shifting to defensive positions across asset classes
Trading Strategies
Consider diversifying with low-correlation assets
Monitor tariff developments for trading opportunities
Track deadline extensions for short-term market recalibration
Follow market sentiment as August deadline approaches
Implement stop-loss orders during expected volatility periods