#TrumpTariffs purpose is obviously an instrument to:

- fix balance of trade

- punish BRICS countries, partners and countries seeking for partnership with BRICS

- show off economic leverage on friends and foes

USD has been strengthening since covid, and this was not ideal for balance of trade. Now it is returning back to pre-covid level.

After yesterday, finally macro-players and large money managers have a bit more certainty, can update their models and figure out how to bring things back on track.

So tariffs announcement is sort of resolution and transition from more uncertainty to less uncertainty.

Long term markets will be ok. Short/mid term we may expect more correction, or likely just establishing new range and trading in that range until next trigger occurs.