📉 US Futures Drop: Trump Deploys Trade 'Heavy Artillery' 🇺🇸⚔️
Markets are on edge — and with good reason. President Donald Trump has announced new tariffs against 14 countries that, according to him, are "dragging their feet" on trade agreements with the US.
🛃 What Happened?
• A 25% tariff is being imposed on exports from Japan, South Korea, Malaysia, Kazakhstan, Thailand, Bangladesh, Indonesia, and other countries
• The tariffs' duration has been extended until August 1
• Trump promised an additional +10% tax on countries that "support BRICS and anti-American policies" — right during the bloc's summit in Brazil
📉 Market Reaction
• Dow: −0.94%
• S&P 500: −0.79%
• Nasdaq: −0.92%
Futures continue to decline on Tuesday amid geopolitical and trade tensions.
♨️ Trump is playing hardball again. Trade wars, sanctions, BRICS, and geopolitics — all of this affects the global market. And crypto, by the way, will not be left out.