What Began as a Calm Fed Day Just Triggered Global Economic Turbulence 🌍📉
August 1 was expected to be routine — but it quickly became anything but. Here’s what unfolded:
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🔹 Q2 GDP came in hot at +3%
🔹 The Federal Reserve held rates steady
🔹 Chair Powell stated: “Tariff-driven inflation is just getting started… we’re staying patient.”
Markets were steady... until Trump took the stage — and flipped the script. 🎤🔥
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🚨 Major Announcements:
🇧🇷 40% Tariff on Brazilian exports
🔌 50% Tariff on all semi-finished copper imports
🇰🇷 A $350B trade deal with South Korea — including $100B LNG and 15% tariffs
🇮🇳 25% Tariff on India, citing ties with Russia
⚠️ Branded Russia and India as “dead economies”
🧱 Labeled BRICS a direct threat to the U.S. dollar
🐉 Hinted at a major China deal coming soon
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👉 What was expected to be a quiet Fed day now looks like the opening scene of a global trade standoff.
Markets are tense.
Currencies are sliding.
August 1 just became a key date for global markets. 📆🌐
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🔥 This story is just beginning.
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