Tariff Map Image One Image Two
It can be said that everyone has a share and will never be left out
After the tariffs were announced last night, there was a general decline
The reason for the decline aligns with my expectations for tariff hawks yesterday:
A comprehensive 20% tariff impacting $1.5 trillion in imports, potentially causing a 4% shrinkage in GDP and a 2.5% rise in inflation, comparable to a financial crisis (as mentioned in last night's article)
Yesterday's prediction was relatively accurate, but there is still a slight discrepancy in the numbers. It is estimated that Mr. Powell (Chairman of the Federal Reserve) is pacing in his office in distress 😶🌫️
The good news is that it has finally landed.