"He"'s published on his social media two letters imposing 25% tariffs on Japan and South Korea and warning them not to retaliate or else Edit: we should get more of these over the next few days... and at some point other countries are either to 1) fold (unlikely for any major country, imho) or 2) start imposing countermeasures (which will likely lead to a de facto embargo, as with the 145% tariffs on China) Edit 2: the 25% is ***on top*** of any other sectorial tariffs (steel, etc.) Edit 3: IF (big if) this starts to snowball (permanent tariffs plus retaliation), we should revisit the April lows. Again, ***if*** (Not being a permabear, trend is still up, just saying that reality has a way of catching up with people first slowly, then all of a sudden)
The problem is that he's gonna fuck so many Americans, mostly his own voters... but hey, that will own the libs
Thank you Mr trump. Exited my too early short from last week for 14es profit . Will reevaluate . Need some weakness to get heavy short
maybe the street will taco him again, no one knows. i had long positions on this morning and couldn’t make 10 points. risk reward ratio is no working.
it's basically flipping a coin to be honest. 10-1 says by Aug 1 he'll have deal with Japan and s Korea . The bully never loses lol . Hard to get big short here as earnings coming up and ests very low .
Do NOT like adding to the futures trades, but drop felt way overdone. closing both positions here just holding the little spreadbet longs now of course