President #Trump Imposes New Tariffs
🔴🟡🟢
Tariffs on Europe = 30%
Tariffs on Mexico = 30%
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+ The tariffs on Europe came in lower than previously threatened .. as there was a previous hint of imposing 50% tariffs in a prior tweet from President Trump
+ These tariffs are logically lower than what the markets expected .. thus, the markets had priced themselves for the worst .. and now the best has come
+ The tariffs on Mexico were previously 25% and now 30% .. this also means that it does not make a significant difference for the markets
+ In summary: the markets were preparing for larger tariffs .. and these 30% tariffs are considered more stable and calming for the markets .. thus it is reasonable to expect a positive impact on #dollar and a negative impact on #gold [regarding the effects of the tariffs]
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