#TariffsPause
The Biden administration's surprise 90-day suspension of China tariffs sends ripple effects:
- **Tech Relief:** Semiconductor stocks (NVDA, AMD) jump 5%+
- **Inflation Watch:** Consumer goods prices may ease (tariffs added 1-3% CPI)
- **Crypto Reaction:** $BTC dips as "risk-on" flows return to equities
Behind the Pause:
• Pre-election economic maneuvering
• Strategic lithium/EV battery exemptions
• Attempt to stabilize fragile supply chains
Market Paradox:
1) Short-term rally in impacted sectors
2) Long-term uncertainty as "pause" ≠ cancellation
3) Mining stocks drop on cheaper Chinese equipment prospects
A calculated gamble that could redefine H2 2024 trade dynamics.