Trump Issues Global Tariff Update

Early Monday, former President Donald Trump announced on his social media platform that the U.S. will begin receiving tariff letters and agreements šŸ“„ from countries around the world starting at 12:00 P.M. on July 7th.

In a follow-up statement, Trump warned that any nation siding with BRICS in an anti-American stance will face an additional 10% tariff with no exceptions .

Meanwhile, market traders are now pricing in a 70%+ chance that the Federal Reserve will cut interest rates in September, with expectations of at least two 0.25% cuts before the year ends .

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