📈 The markets experienced a sharp decline due to the escalation of the trade war between the United States and China, triggering a global wave of fear among investors. 🇺🇸🔥🇨🇳

⚠️ Reason:

⬅️ China imposed restrictions on exports of rare metals used in the production of chips, technology, and defense, in response to Washington's policies. In turn, the United States threatened to impose additional tariffs on Chinese goods and canceled a meeting with the Chinese president.

⚠️ Outcome:

⬅️ Panic in the market due to rising costs, supply chain disruptions, and fears of a global recession. Cryptocurrencies are experiencing a decline due to massive liquidations, and technology stocks are taking the biggest hit.

⚠️ What’s next?

⬅️ The upcoming period is likely to witness sharp fluctuations, and possibly a correction before any recovery. All eyes are now on the Federal Reserve and news about trade tariffs, as they are the most important drivers of the markets right now.