#TrumpTariffs Market & Economic Reaction
Stocks Mixed
U.S. equities saw cautious gains initially, but markets pulled back once the full 55% tariff figure was confirmed .
Mild CPI Bump & Fed Pressure
May’s Consumer Price Index rose to 2.4%. Amid the ongoing trade uncertainty, Trump called on the Federal Reserve to slash interest rates by a full percentage point .
✅ Summary
Aspect Detail
Chinese tariffs U.S. → 55%, China → 10%
U.S. gains Rare-earth minerals, student visas
Legal status Tariffs remain in force pending appeal
Next legal date July 31 (merits hearing)
Market sentiment Cautiously optimistic, volatility persists$BTC