Crypto Crash Unveiled: The Hidden Forces Shaking Markets Today That Every Investor Must Know Now!
Overall, the new tariff rates have been hiked between 10% to 40% across several global trading partners, but they’ll go into effect after seven days of the order, leaving room for negotiations.
Part of the order read,
“These modifications shall be effective … on or after 12:01 a.m. eastern daylight time 7 days after the date of this order.”
As such, any negotiations and tariff outcomes in the next few days could trigger market swings.
Another pressure point came from the spike in the Fed’s favorite inflation gauge – ‘core’ PCE (Price Consumer Expenditures).
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