🟡 Trump hints at tariff exemptions — China raises alarm
• Donald Trump stated that his 10% tariff on imports is the "baseline," but exemptions are possible for individual countries.
• China reacted sharply: Minister of Commerce Wang Wentao called the tariffs a threat to developing countries and even a potential cause of a humanitarian crisis.
• Wang urged WTO countries to unite against unilateral pressure and "intimidation" in global trade.
• Markets reacted with an increase:
— S&P 500 ↑ 1.8%
— Dow Jones ↑ 1.6%
— Nasdaq ↑ 2.1%
• Trump stated that the dollar will not be surrendered:
"One call — and they will use the dollar again."
⚖️ Geopolitics is escalating, but markets are holding steady for now. The impact of the news is mixed.
📢 Stop chasing the market — start outpacing it 💼