 | Photo: EuroNews |
| Although on Friday, the Supreme Court struck down a large portion of President Donald Trump's earlier tariffs under the International Emergency Economic Powers Act, the White House refused to retreat. | If anything, it retaliated. 😈 | Over the weekend, Trump announced a new blanket global tariff, first announced as 10% and then raised to 15%, effective immediately, using a different legal mechanism (Section 122) to sidestep the court's ruling. ⚖️ | Sneaky! | In simple financial terms — same policy direction, new legal wrapper, slightly higher rate. |  | But from a market perspective, the timing is key here. | The Supreme Court ruling landed late last week, and the tariff escalation followed almost instantly over the weekend — meaning investors had very little time to digest the news properly. So, global markets mostly shrugged the whole thing off it seems, seeing the news as just another one of Trump's tantrums. | That said, some caution is being exercised. | European equities opened the week slightly lower, with the pan-European Stoxx 600 slipping around 0.3% as investors priced in trade uncertainty and potential inflation aftermath. | Meanwhile, US stock futures also dropped down, and the dollar weakened slightly by 0.3–0.4% against the currencies currencies, while gold (as expected) ticked higher — a classic mild risk-related rotation. Nothing important to see here.📊 | Crypto reacted more sharply than equities, with Bitcoin sliding over 5%, but honestly, crypto in general has been a mess lately. | So, is everyone already bored with Trump's antics or is this the calm before the storm? | Analysts note that expectations were already sky-high that tariffs would persist in some form. |  | Strategists largely view the new 15% levy as temporary and less targeted than previous measures. Importantly, duties under Sections 301 and 232 (including those on steel, autos, and China) remain active, meaning the broader trade picture hasn't really changed. | So, experts, quite frankly, are advising investors to… do almost nothing. | Atlas Funds Management's base case is to "sit on hands," arguing this is headline noise rather than a meaningful economic shock. Many analysts believe good earnings, stimulative fiscal policy, and already-ready supply chains are softening the real economic impact of tariffs and volatility. 📈 | Basically, after the first round that shook global economies, nothing surprises anyone anymore. 🤷♂️ | That said, the financial risk isn't zero. | Ongoing tariff drama definitely complicates proper corporate planning, capex, and global trade forecasts, which could have its effect going forward if things escalate. | For now though, market remain loyal to real numbers, not political theatre. 🎭 | | SPONSORED CONTENT | Ready to Plan Your Retirement? | | Knowing when to retire starts with understanding your goals. When to Retire: A Quick and Easy Planning Guide can help you define your objectives, how long you'll need your money to last and your financial needs. If you have $1 million or more, download it now. | Download Your Free Guide |
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