He just threatened to escalate the trade war even further.
This is everything you need to know.
The Supreme Court just ruled that his tariffs are illegal under the IEEPA law of 1977.
Trump responded within minutes.
He is now threatening any country that attempts to enforce that ruling with higher tariffs than previously agreed upon.
Not the same tariffs, but HIGHER ONES.
Additionally, there are “worse” consequences that he refuses to specify.
He ended the post with the phrase “BUYERS BE CAREFUL” in all caps. That’s also a warning to the market.
The economy was already fragile, profits are slowing down, and consumer spending is sharply declining.
On top of that, credit card debt has just hit record highs.
The supply chain, which was already strained during the previous trade war, is about to be affected once again.
Raw material importers are about to see their profits collapse.
The coming days/weeks will be extremely volatile, but don’t worry, I will keep updating you with all the information.
I’ve been here for over 20 years, and whenever there’s a new development in the market, I will publicly share it here because I want us all to win.
Many people will regret not following me.
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DONALD TRUMP JUST POSTED THIS
He just threatened to escalate the trade war even further.
This is everything you need to know. The Supreme Court just ruled that his tariffs are illegal under the IEEPA law of 1977. Trump responded within minutes. He is now threatening any country that attempts to enforce that ruling with higher tariffs than previously agreed upon. Not the same tariffs, but HIGHER ONES. Additionally, there are “worse” consequences that he refuses to specify. He ended the post with the phrase “BUYERS BE CAREFUL” in all caps. That’s also a warning to the market. The economy was already fragile, profits are slowing down, and consumer spending is sharply declining. On top of that, credit card debt has just hit record highs. The supply chain, which was already strained during the previous trade war, is about to be affected once again. Raw material importers are about to see their profits collapse. The coming days/weeks will be extremely volatile, but don’t worry, I will keep updating you with all the information. I’ve been here for over 20 years, and whenever there’s a new development in the market, I will publicly share it here because I want us all to win. Many people will regret not following me.