The weekend is as gentle as the weather, family ơiii 😍
Today we have macro to write about, love it!
It's still the issue of tariffs, that is, the US imposing an additional 25% tariff on India, bringing the total to 50%. It not only affects the economy but also politics, competition...
💥 bG update on atrai $BTC trc nha:
M15&H1 slightly positive, has a technical rebound.
H4 is slightly positive but not certain yet.
D1 is unclear, sideway leaning down in a sensitive box: 107-113 --> may create a higher low than the previous low, but it seems more reasonable to still be fluctuating, drifting and then testing the area of 107 😁
💥 Mr. Trump has imposed an import tax of up to 50% on Indian goods. Including:
Previously, there was a 25% reciprocal tariff. Then, an additional 25% surtax was imposed because India bought oil from Russia despite sanctions, raising the total tax to 50%. Some heavily affected sectors include: textiles, jewelry, seafood, leather shoes, furniture, organic chemicals, with specific tax rates ranging from 52% to nearly 64% depending on the industry.
---> This is a very high tax rate, making Indian products less competitive, posing high and serious risks to this country's export economy (this is beneficial for us in Vietnam ❤️).
--->>> if there is no export, then there is no need for oil, Russia is struggling and losing a large customer --> must soon negotiate to end the competition in the U.S., so that Mr. Trump can turn around and be "happy" with China again. Otherwise, too much time has passed 😔
But generally speaking, this impasse is still very complicated: the U.S. does not give up land, Russia does not negotiate, and China naturally wants Russia to continue being the target of the U.S. & Europe. So Mr. Trump has to advise the U.S. to give land on one hand, while smiling and pressuring Russia on the other.
💥 It's still complicated on various "fronts". All macro policies, politics, and global trade will affect the financial markets, need to monitor these b nhé!