#TrumpTariffs Trump’s escalating tariff campaign—leveraging reciprocal duties, high tariffs on metals, autos, and pharma—is injecting short-term volatility across markets (crypto, stocks, commodities). The central trade deadline is August 1, and outcomes hinge on pending deals and legal challenges. Traders and investors should brace for potential short-term shocks, though medium-to-long-term outlook remains nuanced due to negotiation dynamics and judicial intervention.