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⚠️ China has raised tariffs by another 50% in response, i.e., from 34% to 84% on all goods from the USA
Markets reacted negatively, but not as strongly as before, as there is already an extremely high level of overselling and it seems that the market is starting to understand that this is a game, and it won't last long
However, the main thing here is not to overplay, as if a few days of such tariffs do not destroy the world economy, then trust could be completely lost and in the medium term, this fact will have extremely negative consequences
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• We are waiting for Trump's response. I wouldn't be surprised if he raises tariffs for China by another 100%, because it's a nice round number and just to see if China can do the same :)