what a wild ride! 🎢 What started as a seemingly normal Fed
Makah Medina
Updated at: a day ago
{"content":"what a wild ride! 🎢
What started as a seemingly normal Fed day just got flipped completely on its head. 🤯
So, Q2 GDP came in hot at +3%, and the Fed, as expected, kept interest rates unchanged. Powell even said "Tariff-driven inflation is just getting started… we’re staying patient." Sounds pretty chill, right?
Then Trump stepped in and, well, let's just say he brought the fireworks! We're talking:
* 🔥 40% tariffs on Brazil
* 💥 50% on all semi-finished copper imports
* 🤝 A massive $350B trade deal with South Korea, which includes $100B LNG and 15% tariffs (interesting mix there!)
* 🚨 A whopping 25% tariff on India over its ties with Russia, PLUS he called Russia and India "dead economies"
* ⚠️ And to top it off, he said BRICS is a direct threat to the U.S. dollar, hinting at a big China deal coming soon.
This isn't just a quiet Fed announcement anymore. This is a full-blown trade offensive! All eyes are on August 1st now (which is today in Pakistan, by the way!), because the global response to all this is going to be absolutely key.
What do you guys think this means for the markets, for global trade, and for the crypto space? Are we about to see some major shifts? Let me know your thoughts! 👇
#TradeWars #Fed #Trump #GlobalEconomy $BTC #Crypto
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