🔥 We are waiting for this week full of surprises. Strong economic data. Two statements by Jerome Powell. And possible customs decisions by President Trump.
🔥 Everyone expects and fears that President Donald Trump will impose customs duties on some countries. He stated that he will impose them this week, most likely Tuesday or Wednesday.
🔥 China and the European Union anticipated the event. They considered that Donald Trump was testing the waters to know the reaction of some countries. That is why they stated that they will impose customs duties immediately on any measure imposed by Trump on Europe. Or China.
🔥 It is worth noting that China had previously imposed duties at the beginning of the previous week on the United States of America.
🔥 In light of this trade war, I believe that Trump understands that bullying and customs duties will harm America and the rest of the countries, and there may be no winner in a raging trade war.
🔥 With these decisions, Trump is losing friends and may lose the economy as well.
🔥 We are writing this so that you, the ambitious trader, can be careful.
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