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The European Union is planning on imposing a 30% tariff on US goods if no trade deal is reached by August 1st.
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SOL: TP1 has almost been hit +3% it’s just a minor move away It’s better to manually close 50% of the position now. This way we secure some profit instead of risking the market pulling back to our breakeven point and ending up with nothing. $SOL
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U.S. CPI inflation rises to 2.7%, 0.1% higher than expectations.
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Elon Musk officially forms the "America Party" to challenge both Republicans and Democrats. $DOGE
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BREAKING: US Treasury Secretary Bessent says about 100 countries will get a minimum 10% reciprocal tariff. On July 9th, President Trump's 90-day tariff pause will officially expire.
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BREAKING: Fed Chair Powell says a "solid majority" at the Fed expect rate cuts later this year. Powell also says he cannot say whether July is too soon to consider cutting rates.
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Chicago Fed’s Goolsbee Flags Tariff Risks, Keeps Rate-Cut Options Open Ahead of September Meeting
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