šØ **What started as a calm Fed day just turned into global drama.**
Hereās a quick breakdown of what happened:
ā **At first, everything looked normal:**
* The U.S. economy grew stronger than expected: **+3% in Q2 GDP**
* The **Fed kept interest rates unchanged**
* **Jerome Powell** said inflation caused by tariffs is just beginning, but theyāll stay patient
Then suddenly... **Trump dropped a bombshell:**
š„ **Major announcements:**
* **40% tariffs** on goods from **Brazil**
* **50% tariffs** on all **semi-finished copper imports**
* A **\$350B trade deal** with **South Korea**, including **\$100B in LNG** and **15% tariffs**
* **25% tariffs on India** due to its ties with **Russia**
* He called **Russia and India "dead economies"**
* Declared **BRICS** a real threat to the **U.S. dollar**
* Teased a **major China deal** coming soon
What started as a regular update from the Fed has now become a full-scale **trade war shake-up**.
š **Everyoneās watching August 1** ā how the world reacts next could change everything.
#cryptotrend #life style