#TradingPsychology

In an urgent statement, President Donald Trump announced that new tariffs on China will increase to 104% starting April 9. Trump explained that the United States will stop any negotiations with the Chinese side after their request for new meetings, noting that any country that responds with retaliatory tariffs will face harsher American measures.

In this context, Trump urged the U.S. Federal Reserve to take urgent action to lower interest rates, supporting the national economy amid these rapid developments. He emphasized the need for the central bank to act quickly to mitigate the impact of escalating trade tensions.

Concurrently, the Federal Reserve is holding an extraordinary meeting to discuss the possibility of taking emergency economic measures, with rising expectations of an early decision regarding interest rate cuts, in an attempt to protect the U.S. economy from the ramifications of the trade dispute with China.