Recent news aligns well with the narrative I mentioned earlier about Trumpās tariffs. Hereās where things stand today:
1ļøā£ UK expressed disappointment but didnāt mention counter-tariffs. 2ļøā£ EU initially threatened retaliatory tariffs but later decided to delay them for negotiations. 3ļøā£ Canada first responded aggressively but is now open to dialogueāif the U.S. recognizes its sovereignty. 4ļøā£ China is in talks, and Trump himself is open to discussing tariff removal. 5ļøā£ Mexico has also backed down.
Meanwhile, the CBO doesnāt expect increased tariff revenues, reinforcing the likelihood that tariffs will be fully or partially removed.
ā If we look at the big picture, thereās a strong chance tariffs will be lifted, giving markets a fresh boost.
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Is There Light at the End of the Tunnel? š
Recent news aligns well with the narrative I mentioned earlier about Trumpās tariffs. Hereās where things stand today:
1ļøā£ UK expressed disappointment but didnāt mention counter-tariffs.
2ļøā£ EU initially threatened retaliatory tariffs but later decided to delay them for negotiations.
3ļøā£ Canada first responded aggressively but is now open to dialogueāif the U.S. recognizes its sovereignty.
4ļøā£ China is in talks, and Trump himself is open to discussing tariff removal.
5ļøā£ Mexico has also backed down.
Meanwhile, the CBO doesnāt expect increased tariff revenues, reinforcing the likelihood that tariffs will be fully or partially removed.
ā If we look at the big picture, thereās a strong chance tariffs will be lifted, giving markets a fresh boost.
#Markets Crypto #Investing Economy