🌍 Trump unleashes major moves, with gold, chips, and tariffs all in play
Trump stated that reciprocal tariffs will take effect at midnight and that a 100% tariff will be imposed on chips, although manufacturers in the U.S. will be exempt. He also announced that the selection process for the next Federal Reserve chairman has begun, with three candidates all coming from Wall Street. Even more shockingly, the Federal Reserve is exploring using gold valuation earnings to fund Bitcoin strategic reserves. Additionally, Trump has imposed a 25% tariff on Indian goods, and India threatens retaliation. The global situation is complex, and safe-haven assets and the crypto market may continue to benefit.