🇺🇸 OPTIMISTIC MARKET AS PRESIDENT TRUMP EXEMPTS CHIP COMPANIES IN THE U.S. AND EXTENDS EXEMPTIONS TO MANY OTHER BUSINESSES

🔹 President Trump announced a 100% tax on imported semiconductors yesterday

🔹 However, companies building or manufacturing in the U.S. will be exempt from the tax, including Nvidia, Apple, and possibly AMD along with other companies

🔹 Additionally, the countervailing duties announced last week have officially come into effect

🔹 The biggest impacts from the current tax impositions have nearly passed

🔹 The market believes that remaining tax disputes, such as with India, will be resolved through negotiations