#TrumpTariffs
🇺🇸 TrumpTariffs Update 📢
Trump Issues Global Tariff Warning
🗓️ Early Monday, former President Donald Trump announced that the U.S. will begin receiving tariff letters and trade agreements from countries worldwide starting 12:00 P.M. on July 7th ⏰.
📄 Nations must formalize new terms or face penalties.
⚠️ In a fiery follow-up, Trump warned all nations aligning with BRICS 🌍 in what he called “anti-American trade posturing” will be hit with an extra 10% tariff — no exceptions 🚫.
📉 Market Reaction:
Traders now price in a 70%+ chance the Fed will cut rates in September, with at least two 25bps cuts expected before year-end 🏦📆.