This is good news for the crypto & stock market, especially for U.S. auto companies. It means lower costs for ma cars in America, which could boost profits and investor confidence.
President Donald Trump is due to a rally in Michigan on Tuesday to mark his first 100 days in office
President Trump is easing some import taxes on car parts to help U.S. car makers. This move supports companies building cars in America while still taxing fully imported vehicles.
#TariffPause Here’s a concise 7-point summary of the current situation regarding the U.S. tariffs and their global impact:
1. 10% Universal Tariff: A new minimum 10% tariff applies to all imports into the U.S., including from the UK and EU, replacing previous lower or zero tariffs (e.g., under free trade deals with Australia, South Korea).
2. China Tariff Hike: Tariffs on Chinese goods rise from **104% to 125%**, with an additional **20% linked to fentanyl**, intensifying the U.S.-China trade war.
3. Paused Tariffs*: Higher tariffs (e.g., **46% on Vietnam, 20% on EU**) are suspended until **July**, offering temporary relief but keeping the 10% baseline.
4. Active High Tariffs: - **25% on cars** (including UK exports). - **25% on steel/aluminum** and related products (UK exported **$720M** in 2024). - **25% on select goods from Mexico/Canada**, despite past trade deals.
5. Global Economic Risks: - U.S. average import tariffs could reach **24–27%**, the highest in a century. - Slowdowns in the U.S. and China (**43% of global GDP**) may harm worldwide growth.
6. UK Impact: - **Lost advantage** over EU (both now face 10% tariffs). - **$9B car exports** to U.S. hit by 25% tariff; **$2.9B metal products** also affected. - Services exports (most UK-U.S. trade) remain tariff-free.
#FollowTheLeadTrader #trading Expert Advice and Strategies: How to Strike the Right Balance for Success and Minimize Losses?
1. Trusting Expert Advice: Following expert advice is a common approach, but blindly following it is not always the best option. The market is unpredictable, and experts can be wrong too. Therefore, it’s important to also consider your own research and instincts.
2. Responsibility of the Expert: If you traded based on an expert's advice and incurred a loss, part of the responsibility might fall on you as well. You must understand your own research and risk management. The expert's advice is a guideline that can improve your individual strategy, but ultimately, the decision is yours.
3. Changing Your Trading Approach: If you're facing losses despite following expert advice, it's essential to review your strategy and approach. This may be the time to improve your trading approach, understand your mistakes, and strengthen your risk management.
4. Manipulation and the Role of Experts: If you feel that an expert is guiding you in the wrong direction, it is your responsibility to identify this. If the expert's advice is consistently wrong, they might be intentionally manipulating you, but often, market volatility is the main factor.
5. Independent Analysis: Blindly following an expert's advice can be harmful. You should conduct your own independent analysis so that you can better understand your decisions. If you consistently use your own research and analysis, you’re more likely to get better results.
6. Expert Advice and Market Conditions* If you're consistently facing losses based on expert advice, market conditions are often unpredictable. It's important to view the expert's advice as a guideline, rather than following it strictly. You may need to improve your own understanding of the market.
Is $BNB #not your favorite coin, which is still going up even in these tough conditions?
$BNB In the crypto market, most coins are falling, and the overall trend is bearish. However, #bnb is still in a consolidation phase. It hasn't dropped much and is holding strong at its current level. There are even small pumps happening from time to time, showing that BNB is staying resilient despite the market downturn.
1. Over Trading : Taking excessive trades to increase profits or Taking risky trades to recover past losses. 2. Emotional Trading : Feeling extreme emotions (happy, sad, anxious) due to trade outcomes.
3. Addiction Signs : Affecting financial and mental well-being.
PROOF Trading addiction can lead to significant behavior changes, such as ignoring financial planning and losing the ability to manage risks effectively.