#TrumpTariffs #DayTradingStrategy President Trump's aggressive trade policies have rattled markets, with all eyes now on his upcoming 'Liberation Day' speech outlining reciprocal tariff plans.
Key takeaways
Reciprocal tariffs to affect all countries, with larger impact on those with trade imbalances
Yale analysis: 20% tariffs could reduce purchasing power by $3,400-$4,200 on average per household
Markets have fallen since Trump's inauguration: S&P 500 down 7%, Nasdaq 100 down 10%
Technical outlook suggests further market declines likely without decisive break above resistance levels
Diversification and risk management crucial as trade policies reshape global economic relationships
What has Trump implemented so far?
Since his inauguration on 20 January 2025, President Trump has wasted no time implementing significant changes to US trade policy. His administration has moved aggressively with a series of tariffs on both countries and specific products:
4 February: 10% tariff on Chinese goods
7 February: temporary tariff exemption for Chinese goods worth less than $800
4 March: doubled tariff on Chinese goods to 20%
4 March: 25% tariff on all goods from Canada and Mexico (excluding Canadian energy), 10% on Canadian energy
7 March: temporary tariff exemption on USMCA compliant goods
7 March: reduced tariff on potash from 25% to 10%
25 March: 25% tariff on aluminium and steel imports
These swift and substantial actions signal a clear return to the "America First" trade policy that defined Trump's previous administration, with both trade rivals and partners experiencing the impact of these protectionist measures.