Trump announced plans to pause reciprocal tariffs for the next 90 days.
What are the effects? The market reacted positively.
There is something odd, namely the issue of China's tariffs that were increased to 125% by Trump, this is already a personal matter.
We don't know whether China will retaliate tomorrow or not, but what is certain is that for the time being the market is responding positively to the current conditions.
In addition, the next concern is the market is pricing in for the Fed rate cut 3 times this year.
It went down because the Tariffs that Trump implemented were postponed for the next 90 days for negotiations between countries.
The next obstacle is, will these negotiations between countries run smoothly? Or vice versa??
Just remember 2 months ago the market was rocking because of the Tariff factor against Canada-Mexico alone.
Not to mention the 60 countries and China that have become like personal grudges.
For a full market recovery, we need more than Trump's statement tonight.
Hopefully there will be a sequel..
