🚨 What began as a routine Fed day just turned into a global shockwave.
🔹 Q2 GDP: +3%
🔹 Fed held rates steady
🔹 Powell warned: “Tariff-driven inflation is just beginning”
Then Trump dropped the hammer:
🇧🇷 40% tariffs on Brazil
🔩 50% on semi-finished copper
🇰🇷 $350B trade deal with South Korea (includes 15% tariffs + $100B LNG)
🇮🇳 25% tariff on India over Russia ties
💥 Called Russia & India “dead economies”
💵 Called BRICS a threat to the U.S. dollar
🇨🇳 Hinted at a big China deal ahead
The calm is over. August 1 could change everything.