What started as a chill Fed day just exploded into a global trade shock.

GDP came in hot at +3%. Rates unchanged. Powell stayed calm.

Then Trump stepped in and flipped the entire tone:

• 40% tariffs on Brazil

• 50% on semi-finished copper

• $350B trade deal with South Korea

• 25% tariff on India

• Called Russia & India “dead economies”

• Labeled BRICS a threat to USD

• Teased a big China deal

This isn’t just Fed policy anymore — it’s full-blown geopolitical chess.

August 1 will set the tone for the global markets. Stay sharp.