#TrumpTariffs Trump plans to introduce new trade tariffs
President Donald Trump stated that in the next 1-2 weeks he will send letters to his trading partners with new unilateral tariffs on goods from dozens🌎of countries. This decision precedes the deadline of July 9, when increased duties may be reinstated😇
🔴At the same time, last night the situation in the Middle East escalated, with an intensifying conflict between Iran and Israel and threats of nuclear weapon use🎁
Markets reacted with a decline:
▶S&P500 and NASDAQ fell by 0.3%, while BTC lost 1.5%.
▶Futures for stocks and the dollar dropped.
▶Prices for gold and US government bonds rose.
▶The dollar weakened to its lowest since July 2023.
