Prices are reacting to the scenario that the Fed will not lower interest rates in September as the deadline of August 1 approaches, and U.S. President Donald Trump has just signed an order imposing retaliatory tariffs on many countries, with new tariffs ranging from 10% to 41%. This time, there will be no postponement for negotiations.
Goods suspected of circumventing tariffs by passing through other countries will be subject to an additional 40% tariff, according to the White House.