🔥ATTENTION🔥
🇺🇸The day before yesterday Trump launched a NEW ROUND OF TARIFFS against half the world...
🧨But the market didn't even flinch. Are we witnessing the end of the "shock effect" of the trade war⁉️
🔸Yesterday Trump announced a 35% tariff for Canada
▪️Previously it was at 25%, now he unexpectedly raised it
▪️Additionally, he imposed "reciprocal tariffs" on another 16 countries: Vietnam, Switzerland, South Africa, Taiwan, Turkey, Venezuela, and more
🔸How did the market react?
▪️The SP500 barely dropped 0.1%... and it was more due to Amazon's poor earnings than the tariffs
▪️In April, such news would have crashed the index in minutes
📍The trade war no longer generates fear. The market has stopped taking this type of announcement seriously.
📍The credibility of these measures is fading, and that is a clear sign of the current environment: GEOPOLITICAL RISK no longer moves prices as before.