🇺🇸 Trump strikes with a "new tax blow" – the reason causing the market to be in turmoil this morning
In just 1 hour, President Trump unexpectedly announced a series of extremely "heavy" import taxes:
🔹100% on pharmaceutical products (unless companies set up factories in the US)
🔹50% on kitchen cabinets, bathroom vanities & related furniture
🔹30% on sofas & upholstery
🔹25% on heavy-duty trucks
📉 This "tax bomb" immediately created significant pressure, causing stocks, commodities, and even crypto to all plunge in value, folks.
