⚠️ $TRUMP ’S 30% TARIFF THREAT SHAKES MARKETS – AUGUST 1 DEADLINE SET
Markets that once brushed off tariff talks just got a wake-up call. President Trump has officially announced 30% tariffs on EU and Mexico, effective August 1, with more countries like Japan, Canada, and South Korea possibly next.
🔹 Retaliation = even higher levies, warns Trump
🔹 Mexico calls tariffs unfair; EU threatens reciprocal action
🔹 JPMorgan’s Dimon warns investors not to stay complacent
🔹 Crypto took a dip: BTC -0.6%, ETH -1%, DOGE -2%
🔹 Only XRP managed a +2% gain post-announcement
Trump insists tariffs are bringing “vast revenue” and reshaping U.S. trade imbalances. Negotiation window is open—but the clock is ticking.
Markets may not be panicking… but they’re watching closely.