Trump announced several important messages that left traders somewhat confused. Gold prices initially rose at the opening but then gave back some of those gains.
First, a 100% tariff will be imposed on chips and semiconductors, but companies like Apple that move production back to the U.S. will be exempt.
Trump told reporters: "We will impose approximately 100% tariffs on chips and semiconductors. However, if you are building within the United States, you will not have to pay tariffs, even if you are still under construction but in terms of the large number of jobs created and all construction projects, if you are building, you do not have to pay tariffs."
Second, Trump threatened to impose more secondary sanctions on Russian oil transactions.
Trump signed an executive order doubling tariffs on Indian oil to 50%, with the new rates taking effect in 21 days.
Trump also claimed tariffs would be imposed on another country purchasing Russian oil. He stated: "It may happen, I don’t know."
Third, he may first appoint a temporary Federal Reserve governor — many do not understand what this means.
Trump means to first appoint a "temporary governor" to fill the vacancy left by Kurgler's departure, with this "temporary governor" serving until January of next year (as Kurgler's term ends in January). At that time, this "temporary governor" will step aside, and a new Federal Reserve chairperson will be announced (the president must select the chair from the current Federal Reserve governors). In other words, Trump may delay the announcement of the next Federal Reserve chair — perhaps out of consideration for market stability, allowing the "suspense to continue to brew." $BTC $ETH
It can be said that the above three pieces of news are somewhat unexpected.
Trump is always so unpredictable, doing things that exceed market expectations to attract market attention and maintain guidance (control) over market expectations. #加密市场回调 #币安Alpha上新