#TrumpTariffs 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&P 500 and NASDAQ fell by 0.3%, while BTC lost 1.5%.
▶Stock and dollar futures declined.
▶Gold prices and US government bonds rose.
▶The dollar weakened to its lowest level since July 2023.