Good news on tariffs
Here it is what everybody was waiting for, a break for all the madness. The Trump administration will pause the additional tariffs 90 days for all countries that are signalled they want to negotiate. That’s more than 70.
China tariffs will stay in place though.
S&P is up 5%, Bitcoin also rallies upwards. A huge relief is going round, that we get some reflection and talking after all. Let‘s hope that those guys finally come to their senses!