$SOL Summary of the Key Issues in Trump's Speech This Morning
🔷 Economic and Trade Issues
New Tariffs:
* On semiconductors and chips.
* Gradual increases on imported medicines up to 250% over 18 months.
* Goal: Support local manufacturing in these vital sectors.
* Pressure on International Trade Partners
* Threat to increase tariffs on Indian goods.
* Imposing a 35% tariff on the European Union if it does not meet its trade commitments.
🔷 Domestic Projects
* Project to Renovate the White House Event Hall
* Known as the "Great Heritage Project."
* Cost: 200 million dollars.
* Self-financed and from private donations.
* Start date: September.
* Controversial and Trump is trying to present it as a historic achievement.
🔷 Economic and Monetary Policy
* Criticism of the Federal Reserve:
* Due to delays in lowering interest rates.
* Doubts about the credibility of the Bureau of Labor Statistics.
* Expected **Announcement of New Nominations:
* New Chair for the Federal Reserve.
* New Director for the Bureau of Statistics.
🔷 Foreign Policy
* May address:
* Ukraine.
* Relations with China.
* Policy towards Russia.
🔷 Anticipated General Message
* Confirmation of America First Policy
* Continuation of Strict Protectionist Approach.
* Markets Awaiting **Detailed Insights** on Upcoming Policies.
#TRUMP #Tarrifsimpact #TarrifonIndia #Tarrficpause #TarriffPause