This announcement marks a *major shift in U.S. trade policy* under $TRUMP potential second-term plans:
🔹 *Global Tariff Submissions:* By setting a specific start time (July 7, 12:00 PM), trump's signals a structured approach—likely forcing countries to either negotiate quickly or face penalties.
🔹 *10% Automatic Tariff on BRICS-Aligned Nations:* This is clearly aimed at countries moving closer to BRICS (Brazil, Russia, India, China, South Africa), potentially including others showing anti-U.S. leanings. It could strain U.S. relations with emerging economies and escalate global trade tensions.
🔹 *Market Reaction:* The 70%+ probability of a *Fed rate cut* in September, and possibly *two cuts by year-end*, suggests that markets may be pricing in:
- Economic headwinds from trade tensions,
- A stronger dollar impacting exports,
- Or overall global slowdown fears.
🔹 *Investment Impact:*
- *$TRUMP -linked assets may see speculative moves.
- $LINK
(Chainlink) being mentioned may hint at growing interest in blockchain-based trade tracking or supply chain solutions amid global friction.
Keep an eye on:
- Global diplomatic responses
- BRICS’ next move
- Fed commentary in coming weeks
Want a deeper breakdown of how this could affect specific sectors or commodities?